General Discussion

Filing Taxes

22 May 2015

Hi All,

 

Does anyone know whether it's possible to access English version of Tax documents to file taxes online?  Or, if the government website provides help.  Or, if anyone can

provide any information of how to fill in the French Tax Docs for a leaseback situation which must all be pretty much the same.  I've been paying

an online English/French service to do this since I bought my leaseback in '07 but can't afford to pay several hundred euro for a task that must be quite simple.  I'd appreciate

any advice provided.

 

Thank you.

Paying off a French mortgage

28 April 2015

Hi. The balance of our Mortgage stands around 26 to 27,000 Euro and we have 8 years left to run on it. I have asked the mortgage company to quote us a figure to pay this mortgage off 8 years early. They quote the whole balance (plus a little bit) to pay it off..........Surely they should be deducting 8 years worth of  interest and life insurance premiums included in the 320 euro monthly repayments! Is this the case or am i barking up the wrong tree?????

formal notice to pay

11 January 2015

Hi guys

I have been served with a formal notice to pay from a french bailiff.

It was posted to me from my local court service in ireland

I am thinking of just doing nothing and deal with the balance any way ican. my property is residence bioparc in lyon and i think

odalys are going under anyway so the next couple off years could be a mess if i try and keep it.

Any advice im about 8 months behind and have had a few words with lady in my bank (BNP) when i asked for intrest only because odalys

I think Pierre et Vacances have terminated my lease!

3 November 2014

Today, by a County Court Baliff, I have received a 'Notice from Lessee to Vacate'  issued by a Paris solicitor on behalf of Pierre et Vacances, for my residence La Foret in Flaine which has 131 leaseback apartments.  The first 9 years of the lease expire on 30 April 2015 and the served document gives notice to terminate the lease on 30/4/15.  I therefore 'think' Pierre et Vacances are using this notice to vacate so that they dont have to offer the lease renewal - I have heard absolutely nothing from Pierre et Vacances.

Commandement de Payer

18 October 2014

Hi 
I am interested in serving a CDP but am nervous that Odalys would turn around and opt out leaving me in 
a difficult situation where I have to find another management company. Do you think this would happen or 
should I go ahead and serve a CDP? Also I have contacted some of the other owners of our building, could
we share the cost of a CDP and put all our names on it? 

 

Any sign of legal action

9 October 2014

Is there anyone on this forum who has personal experience of being actively pursued in Ireland/Uk or anywhere else by either a French financial institution or the French Government after defaulting on a mortgage on the one of these multiple leaseback scams which have caused so many of us such enormous stress over the last several years ?. 

Select management company and residence: 
General Discussion

VAT payback

6 August 2014

I wonder if anyone could clarify the current situation on repaying VAT on a
French leaseback property. Did the law change recently? Our property Domaine
de la Mandoune is experiencing all of the many problems discussed on this
forum, no rent, late rent, bad management etc, etc. The agent is Mona Lisa

We are a very strong collective of 20 + owners who are in regular contact and
would appreciate any clarification on repaying the VAT if you break the lease
early?

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