General Discussion

manager changing usage weeks

26 October 2009
Forums: 
General Discussion

This year, yet again, CGH have shifted around the high and medium season weeks to suit them. When we bought our apartment in the Alps it was based on Easter being a combination of medium and low season weeks so we were able to go for 2 weeks at Easter.Last year they made Easter 2 high season weeks. Now they have changed one of the medium season weeks in the summer to high season. These changes affect the economic proposition because if we can't use it when we thought we could it doesn't make sense financially. Our residence association is up in arms about it (English and French).

Management service

18 September 2009
Forums: 
General Discussion

Does anyone know of a UK based management service company that can deal with the Tax authorities in France? I am at the end of my tether with dealing with this. Ok. I know it's my own fault for leaving things to the last minute but I keep having to pay penalties for late payment on stuff that arrives with no english translaltion. And guess what? I can never get to speak to any English speaking people at the tax office.

Don't beat me up guys. I'm just an ignorant Englishman.
Ian
 

What is a guarantee worth?

11 September 2009
Forums: 
General Discussion

Hi guys,

I was looking into investing in a leaseback property a few years ago, but ended up having to put my money elsewhere. At the time it looked like pretty safe investment with the biggest risk being that interest rates would rise faster than the rental rates.

I've just started looking at the market again and am horrified by the stories I'm seeing on these forums.

summer 2009 for residences in France

9 September 2009
Forums: 
General Discussion

Les résidences de tourisme ont connu un été en "demi-teinte" avec une fréquentation plus importante en août qu'en juillet, a indiqué mercredi le Syndicat national des résidences de tourisme (SNRT) dans un communiqué.
"Juillet n'a pas été excellent mais août a fait le plein et septembre s'annonce très bien", a détaillé le SNRT.
Les situations ont été disparates suivant les régions.

Liability for payment if Lease taken over

27 August 2009
Forums: 
General Discussion

Hi

I think I read somwhere that if a Lease is taken over from a company (not in recivership) then both the former company and current one become jointly liable for rent. Does anyone know if this is the case?

We are in this position the new copmpany have not paid the rent and I wonder who we should go after for this - any thoughts would be appreciated

 

French Property Ex - London 11-13/09/09

26 August 2009
Forums: 
General Discussion

I have today been contacted and told that there is a French property Exhibition of at Olympia from the 11th to the 13th of September 2009.

I am trying to get together a group of investors to hand out leaflets to people attending identifying the downfalls of the leaseback system. I am prepared to fund the leaflets out of my own pocket and set up a website to give more details.

This will be a case of handing out leaflets and contacting the people at Olympia to let them know how and why we are doing this.

Any takers?

Mutley

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