MLD Posted October 27, 2015 Share Posted October 27, 2015 We visited the Agence today to say we want to sell and move to UK. I'm going to do some studying there and need somewhere to live. We'll be renting first, unless a miracle occurs and we sell before February! What sort of fees will we have to pay? The monsieur told us 'nothing', but I can't believe that. I hope that someone else who sold a house may be able to help us. Do we pay capital gains tax? Or are we OK in that we're aiming on buying in England?Thank you, Margaret Link to comment Share on other sites More sharing options...
idun Posted October 27, 2015 Share Posted October 27, 2015 The buyer usually pays in France, and when we were selling we negociated a price with the agent immobilier, the reason being that the more the 'agent' gets the less we would get....... well that was my thinking.If this was your home, then no capital gains. Link to comment Share on other sites More sharing options...
tinabee Posted October 27, 2015 Share Posted October 27, 2015 You will need to pay for diagnostic tests but most of these will only be needed when you have a prospective buyer. However, the energy performance (DPE) test is normally needed as a condition of advertising. Link to comment Share on other sites More sharing options...
NormanH Posted October 27, 2015 Share Posted October 27, 2015 [quote user="idun"]The buyer usually pays in France, and when we were selling we negociated a price with the agent immobilier, the reason being that the more the 'agent' gets the less we would get....... well that was my thinking.If this was your home, then no capital gains. [/quote]Not in my part of France; except in the sense that the agent's commission is hidden in the price.I have bought 5 times and never paid anything to an agent, but the two times I sold through one I paid from the selling price.The buyer has to pay the Notaire's fee of course. Link to comment Share on other sites More sharing options...
mint Posted October 28, 2015 Share Posted October 28, 2015 It's an academic exercise to say who pays the agent's fees.Whoever pays on paper, it still has to come from the same pot of money provided by the buyers. Link to comment Share on other sites More sharing options...
MLD Posted October 28, 2015 Author Share Posted October 28, 2015 Thanks for your considered replies. M. Link to comment Share on other sites More sharing options...
nomoss Posted October 28, 2015 Share Posted October 28, 2015 [quote user="idun"]If this was your home, then no capital gains. [/quote]Even if it isn't your home, you are liable to pay capital gains tax only if you were fortunate enough to make a profit, after taking into account the costs of its purchase and sale, allowable costs for improvements, plus any reduction allowed in respect of the number of full years you have owned it, after the first 5 years.Some details are here; [url]http://www.french-property.com/guides/france/finance-taxation/taxation/capital-gains-tax/[/url] Link to comment Share on other sites More sharing options...
AnOther Posted October 29, 2015 Share Posted October 29, 2015 If it's your only home then you will not be liable for CGT - period ! Link to comment Share on other sites More sharing options...
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