HannahJ Posted December 6, 2004 Share Posted December 6, 2004 Hi Everybody,This is my first post, so please be gentle !My husband and I are in the early stages of thinking of moving to France and we are planning to run holidays. We've been looking at mortgages and loans, but I'm a bit stuck on one bit...Mortgages on the whole seem to be for residential properties, so we would have to find a specialised company if we needed a mortgageIf we need a mortgage or loan for the business, your repayments must be no more than a third of your incomeRental income from a business is not counted as income for the purpose of calculating a loan. So if the rental income is our only income, are we stuffed in getting any kind of loan ?!?Or have I got the wrong end of the stick (or indeed missed the whole bloomin tree..)Thanks very much in advance !H Link to comment Share on other sites More sharing options...
Rita Posted December 6, 2004 Share Posted December 6, 2004 Hi Hannah,Just to let you know I have sent you a Private E-Mail.Good LuckRita Link to comment Share on other sites More sharing options...
HannahJ Posted December 6, 2004 Author Share Posted December 6, 2004 Cheers Rita, I've just got it ! Link to comment Share on other sites More sharing options...
ACD Posted December 10, 2004 Share Posted December 10, 2004 Hi thereI saw the posts on the forum about loans.........I want to move out to France next year to buy a property which already has main residence and a gite or two already established. I wont have a job.....except for the gites and that income. Anybody any suggestions on the availability of loans for this type of setup.By the way.....my first postThanks in advanceAnne Link to comment Share on other sites More sharing options...
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