0DRLddMMyyyy0Falseen-USTrue Posted November 29, 2004 Share Posted November 29, 2004 We are buying the french house we live in from my mother-in-law. She is resident in England. Do we have to transfer our money from the english bank to complete, and then she get it sent back to her english bank, or is there some legal way of transferring money on completion from one english bank and just paying the notaire here, plus other charges we would incur? thanks Molly, was yelbid Link to comment Share on other sites More sharing options...
Dave&Olive Posted November 29, 2004 Share Posted November 29, 2004 hi hope this helps:- we are in the process of buying in 79 we have paid the 10% deposit to the notaire and have found out the couple we are buying off live approx 20 miles from us we tried what you have suggested but was told it was a no no all money must go via them for c.g.t . 7.5% notaire fees plus 9% estate agents fees which the latter you will prob not have to pay...... our case anyway......good look....will stand correction by anyone with better knowledge than I.. Link to comment Share on other sites More sharing options...
pagnol Posted November 30, 2004 Share Posted November 30, 2004 We too bought from an English couple. However the property you are buying is in France so you come under their laws, taxes etc. Therefore I'm afraid as the previous poster has said you will be paying in Euros. This is what happened to us. Link to comment Share on other sites More sharing options...
Will Posted November 30, 2004 Share Posted November 30, 2004 You do need to send the money to France, and then the seller gets it sent back. It sounds daft, I know, but I suppose it makes sort of sense. French law says that all house sales have to be carried out through a French notaire, which means the money has to pass through the notaire's books. The only way round it I can think of is if you could find a French notaire practicing in Britain; but even then it might be a non-starter as the sale would not actually take place in France. Link to comment Share on other sites More sharing options...
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