The Covid-19 epidemic has brought some tough times for everyone. Many of us are facing an immediate drop in income and some of us may be facing unemployment or reduced activity when the Corona virus pandemic passes and the economy begins to function again. One worry is that many French second-home owners rent their properties […]
French Mortgages for Expats
Expat clients often ask us whether French mortgages for expats are difficult to get, so here are the facts you need to know. French Mortgages for Expats – The Facts Overall, most applicants find the French approach to mortgage lending slow and strange. Firstly, French underwriters normally take around 14 weeks to process an application. […]
French Yacht Leasing
French Yacht Leasing Schemes French Yacht Leasing schemes were introduced in a drive to stimulate new boat sales. The French government has permitted a significant TVA (French VAT) concession reducing the effective rate of TVA on a new boats. Though well-known within France, the concession is neither well-known nor well understood in the rest of […]
French Property Equity Release
French property equity release mortgages can be a key element in the long term asset management strategy for financially astute investors. Owners of French property who are not tax domiciled in France can use a French Equity Release Mortgage to increase the yield on their investments. At the same time as reducing their tax bill. […]
Financing A French Property Purchase
Understanding Financing a French Property Purchase Financing a French property purchase is somewhat different to the process for financing a UK property purchase. This article explains some of the differences. As in the UK, purchasers must lodge an application. This will include their personal details and a list of assets. The bank uses this information […]