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Bob2

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Posts posted by Bob2

  1. Hi

    I have just received my first bill from EDF. Under autres prestations there is an amount charged for acess a l'energie electricite. What is it for, is a one-off payment for a new account. I am on the standard tarrif. Is this suitable for a holiday home?

     

    Bob

  2. I intend buying a property in the charente department in the near future for holidays and investment purposes,and during my research at exibitions and speaking to agents,leaseback was being promoted as a straight forward and relativley risk free proposition. The property has to be leased back to the developer for a minimum of 9 years to qualify for the 19.6% VAT discount and an index linked guaranteed income. What concerns me is that after the 9 years are up and you decided not to renew the lease, would you have to pay back a pro-rata amount of VAT.Could a problem arise between yourself and the developer because by not renewing the lease you would be taking income away from his management company.
    I would be very interested to hear your views or experiences,good or bad about leaseback.

    Regards,

    Bob
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