Hi,
I am looking to purchase a leaseback apartment in France but I am really struggling to find a leaseback mortgage for less than 5.15%. I have tried newmortgagefinder as suggested in a previous posting but they seem to be very slow with getting back to me.
Any advise anyone.
Thanks
Debs
Hi,
I am very interested in the leaseback scheme and generally everything I've
read about it seems positive. I understand that many people buy into this
purely as an investment, with plans to re-sell at some stage after lease is up.
I'm just unsure about how it works if you want to buy, lease for one term or
more, with a view to eventually residing in your property full-time. Is this
possible with most leaseback residences or are they purely for holiday use?
Does the property ever truly belong to the purchaser, or are there
What is the difference between furnished and unfurnished leasebacks, as far as treatment under the French tax system is concerned?
I have noticed that most French leasebacks are advertised as being ‘fully furnished’ or ‘furnished and maintained by a management company’ during the lease term.
Hi,
I'm new to leaseback and have put a deposit down on a small development called Domaine de Guitard outside Casteljaloux near Bordeaux. It comprises 84 2 bedroomed wooden chalets.
Has anyone heard anything positive or negative about this development?
Does anyone have an opinion on Wooden Chalets as a leaseback investment?
Finally, has anyone heard of the developer/management company - Vernoy Bros./Villie/Exclusivity
Many thanks.
Hi,
i'm thinking about paying a 5% deposit on a unit which has came back on the market in a development in Mulhouse, Alsace.
1 bed studio 25msq - E98k total inc parking, furniture and vat - yield of 5.47%
i'm now just a bit unsure that it may be overpriced ?
any feedback greatly welcome
thanks
John
Has anyone had any dealings - good or bad - with
these brothers who are selling leasebacks in the
south west of France?
Hi Seamus,
Looks like my leaseback is going to be delayed another two months (8 months late in delivering if they meet their latest target). I've paid everything except 4,500 for furniture and lost over 12,000 EUR in interest payments (not capital) because of the delay. Can you reasonably tell the developer to forget the balance of the furniture or claim refund of interest costs beyond a certain period?
Thanks
Toddy
Hi Seamus and co. Here's a few queries re the annual French tax return :
1) By what date must it be returned ?
2) Is it a simple enough document to complete correctly ?
... or ...
3) Would you recommend getting a professional to deal with this ?
If so can you recommend someone?
Hi there,
Barclays want 5.26% to for a 20-year fix (existing variable rate mortgage) and I have another offer from a local bank in Nice for 4.45% fixed. To add salt to the wund, I got a letter today saying I have to pay €5260 to fix it at this rate or wait till September when long term rates are even higher.
Hi there,
I just started looking for a leaseback programs for investment purpose. I will appreciate recomendation "web site" with good reputation leaseback development companies having programs in Paris, and Cote d'azur.
Thanks & Regards
Assia
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