I have a leasback mortgage with Barclays (solutions)at a variable rate which increased last year to 6.67% & is still at this rate despite the ECB rate being reduced 3 or 4 times since. I have emailed them but received no reply. Any advice anyone?
We own an apartment in Les Carroz and are looking for owners, other than those that we are already in contact with. Should we need to take further action in the future, it would be useful to have a unified group. K8
Hi,
I've recently been looking into the French leaseback scheme, and in particular the Village du Haut Val development in Normandy. It's a fairly rural setting, with golf, horse-riding etc on site. On the face of it the rental (5.5%) and incentives (6% cashback, legals paid) offered seem incredibly attractive. However, having luckily stumbled upon this website/forum I can see that the statement 'guaranteed rental' needs to taken with a large bucketful of salt.
The hotel industry....its about survival.
Unpleasant as it is.
http://www.hotelsmag.com/article/CA6643872.html?q=renegotiat ing+leases
In the past couple of weeks I have taken a lot of calls from people about how best to finance their EXISTING French property investment.
The main issues that arise are as follows:
1. I bought using cash or with a top-up loan in Ireland/UK and now want to take out a loan in France
2.I have a French loan and would like to:
Change from repay to Interest only
Take a payment holiday
Hi
A beautiful chateau just north of Paris now selling leaseback units. I am
interested in this development but note that many leaseback properties
have problems with developers and managers. The selling info does not
have any info related to the financial capacity of t he developer/manager. I
have not done this before and would appreciate any info or advise you can
provide. thanks, AlM
Anyone with a leaseback in this hotel?
The 9 years is up soon. What are my options?
Bertrand,
You indicated in a previous post,that you dealt with "firm" leases.Saying that firm leases did not include the 3,6,9 year break clauses.Can you expand on this?
How would this be worded in french if your lease was "firm"?.
Maybe wrongly,but i thought the break clauses were enshrined in French commercial law,not an individual lease!
No doubt you will correct me!
Regards
John
Hello All,
Can someone inform me what I have to do to register for TVA. Know I must do it very soon, so keen to process asap.
I don't want anyone requesting their services for a fee, just some advise.
Is www.impots.gouv.fr the right place to start ?
Many thanks in advance,
David
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