Mayennaise Posted November 25, 2007 Share Posted November 25, 2007 If you sell your french house to a private buyer, who pays the notaires fees? Link to comment Share on other sites More sharing options...
Panda Posted November 25, 2007 Share Posted November 25, 2007 You pay the sellers portion and the buyer pays the buyers portion, the same as you would for a sale in the UK and solicitors fees. The selling fees are not a great deal though. Link to comment Share on other sites More sharing options...
Mayennaise Posted November 25, 2007 Author Share Posted November 25, 2007 Approximately what percentage of the fees are payable by the seller? Link to comment Share on other sites More sharing options...
BJSLIV Posted November 25, 2007 Share Posted November 25, 2007 Unless there is something very unusual 0% they all belong to the buyer.The only charges likely to affect the vendor is the VAT due on the sale of a new property completed in the previous five years.There is also the question of Capital Gains Tax both in France and the UK if it hasn't been ones main residence. Link to comment Share on other sites More sharing options...
Mayennaise Posted November 25, 2007 Author Share Posted November 25, 2007 OK - so - we find ourselves a buyer and agree a price. What next ? Do we find a notaire or is that the buyers responsibility? Our house is more than five years old so we can expect to pay absolutely nothing and receive the full agreed amount after the legal bits and bobs have been completed? This all seems to good to be true!! Link to comment Share on other sites More sharing options...
Nick Trollope Posted November 25, 2007 Share Posted November 25, 2007 Find a Notaire, or let the buyers find one - it is normal to use just one although you can select one each (they share the fees, which the buyer pays).If the house is your primary residence and you are a taxpayer in France, you will pay no CGT or TVA. If you aren't, then you may need to. Link to comment Share on other sites More sharing options...
woolybanana Posted November 25, 2007 Share Posted November 25, 2007 You will have to pay for the survey which seems to vary between about 550€ and 1200€. If it is a second home you will pay CGT on a sliding scale and 1% guarantee charge. Link to comment Share on other sites More sharing options...
Mayennaise Posted November 25, 2007 Author Share Posted November 25, 2007 We have been advised that our lead, asbestos and termite surveys are still in date (we bought the house three and a half years ago) and all we have to sort out is the energy survey. should this done before or when we have a buyer. Link to comment Share on other sites More sharing options...
woolybanana Posted November 25, 2007 Share Posted November 25, 2007 Hang on, this limit on the surveys seems to vary doesn't it guys. In the Vendée I was told six months max. So, get the survey done when you have a buyer. Link to comment Share on other sites More sharing options...
Mayennaise Posted November 25, 2007 Author Share Posted November 25, 2007 Thanks for all your advice guys and gals. Link to comment Share on other sites More sharing options...
Panda Posted November 26, 2007 Share Posted November 26, 2007 6 months max is for termite survey the others are much longer though how long in years I'm not sure, the surveyor can check them and advise.Incidentally we did have to pay a small amount of fees to the notaire, not all were for the buyer but I'm talking 10's rather than 100's of euros. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.