Posts Tagged ‘Equity Release French Mortgage’
Thursday, May 27th, 2010
With Capital Gains Tax in the news in the UK, here’s the French position.
No capital gains tax is payable to the French government on the sale of a principal residence by a French resident (and taxpayer) whatever their nationality. You just have to pay the Notaire’s fees and repay your French mortgage.
For second homes CGT is levied at 16% for EU residents with French residents paying an extra 11% social charges, while non-EU residents are charged 33%. The Notaire will collect the tax at the point of sale.
However, capital gains tax is reduced progressively by 10% per year after 5 years’ ownership, so there is no tax to pay after 15 years. The cost of improvements carried out by French-registered contractors can be deducted from the capital gain between buying and selling prices. French residents also pay CGT on the sale of a second home, wherever it is situated. They too are exempt from capital gains tax on the sale of a second home after 15 years ownership.
If you are thinking of relocating to France, where Capital Gains are treated differently, Best French Mortgage can organise a mortgage for your French home at the best rates from the best French banks.
Best French Mortgage are the leading online French mortgage broker:
Click here to apply for your French Mortgage.
Tags: bargain cheap property french mortgage, Capital Gains Tax, CGT, Compromis de Vente, Equity Release French Mortgage, french home and business mortgage, French Lifestyle, french mortgage advice, french mortgage broker, french mortgage checklist, french property mortgages, Jayne’s says
Posted in Alpes-Côte d'Azur, Aquitaine, Client Information, Financial News, France, French Mortgage, Jayne's says, Paris-Île-de-France, Provence, Rhône-Alpes, UK | Comments Off
Wednesday, May 12th, 2010
Thursday 13 May is Ascension Day and in France this is marked by a Bank Holiday. Because the French Bank Holiday falls on a Thursday, many people will make it a long weekend by taking Friday off as well. In France this custom is common, and it’s called “faire le pont” literally “make a bridge”. The previous two public holidays both fell on a Saturday and in France they are forfeit, not rolled over.
For house hunters this may mean you cannot get a viewing appointment until next week. Expect to find a sign in the estate agent’s window announcing “Fermeture exceptionnel”. You can still research the French mortgage market online. Learn more about French mortgages and how a good mortgage broker can help you from our website, Best French Mortgage.
The online portal for Best French Mortgage will be open throughout the weekend, of course, so you will still be able to apply for your French mortgage. We promise to find you the best French mortgage from top tier French banks and mortgage providers. We don’t charge clients for our mortgage broking services.
Best French Mortgage are the leading online French mortgage broker:
Click here to apply for your French Mortgage.
Tags: bargain cheap property french mortgage, buy to let french mortgage, Compromis de Vente, Equity Release French Mortgage, French bank holiday, French Estate Agents, french home and business mortgage, french home information pack, French Lifestyle, french mortgage broker, french mortgage broker regulations, french mortgage market trends, French News, french property mortgage, french property mortgages, French Realty, Jayne’s says
Posted in Alpes-Côte d'Azur, Alsace, Aquitaine, Australia, Auvergne, Basse-Normandie, Bourgogne, Bretagne, Brittany, Burgundy, Buy and Leaseback, By Country, Center, Centre, Champagne-Ardenne, Client Information, Equity Release, Euro Mortgage, France, Franche-Comté, French Lifestyle, French Mortgage, French Property News, Haute-Normandie, Jayne's says, Languedoc-Roussillon, Limousin, Lorraine, Lower-Normandy, Midi-Pyrénées, Mortgage Products, Nord-Pas-de-Calais, Paris-Île-de-France, Pays-de-la-Loire, Picardy, Poitou-Charentes, Provence, Re-Mortgage, Renovation, Rhône-Alpes, UK, Upper-Normandy | Comments Off
Saturday, January 16th, 2010
If you have a solid flow of income and a substantial property in France, whether already mortgaged or not, you need to understand the strategic investment importance of French Equity Release Mortgages.
French Equity Release Mortgages are much more than a way of realising the asset value locked up in your French property. They can be a core component of a secure yet profitable balanced investment portfolio and a solid defence of your estate against aggressive French inheritance laws. They can help reduce the tax due on rental income and can be granted on an interest only basis in qualifying cases.
Exceptionally, today’s traumatised financial markets offer an opportunity to simultaneously protect your estate, reduce your French tax liability and make a substantial financial gain by using the contrarian investment thinking pioneered by Warren Buffet.
The opportunity exists due to a conjunction of three factors:
* Historically low Euro mortgage interest rates.
* Historically strong Euro foreign exchange rate.
* Current French regulations on succession and inheritance tax.
Visit our updated Equity Release French Mortgages page.
Click here to apply for one of our equity release French Mortgages.
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Tags: Equity Release French Mortgage, equity release french mortgages, french mortgage advice, french mortgage broker, french mortgage guide, french mortgage market trends, french property mortgage, french property mortgages, french remortgage
Posted in Alpes-Côte d'Azur, Alsace, Aquitaine, Australia, Auvergne, Basse-Normandie, Bourgogne, Bretagne, Brittany, Burgundy, Buy and Leaseback, Buy and Leaseback, Buy at Auction, Buy to Let, By Country, By Country, By Region, By Region, Center, Centre, Champagne-Ardenne, Client Information, Client Projects, Corse, Corsica, Equity Release, Euro Mortgage, Financial News, France, Franche-Comté, French Mortgage, French Property News, Haute-Normandie, Hong Kong, Interest Rates, Investment News, Languedoc-Roussillon, Limousin, Lorraine, Lower-Normandy, Malta, Midi-Pyrénées, Mortgage Products, Nord-Pas-de-Calais, Paris-Île-de-France, Pays-de-la-Loire, Picardie, Picardy, Poitou-Charentes, Provence, Re-Mortgage, Renovation, Rhône-Alpes, UK, USA, Upper-Normandy | Comments Off