Frais de Notaire have gone up since the 1st March

[NormanH]

http://www.bfmtv.com/economie/immobilier-departements-vont-augmenter-droits-mutation-719874.html

The fees on buying have gone up about 0.7% since the 1st March.

This is largely because the part going to the department can go up, so it depends whether yours has chosen to put it up or not. Most have.

The notaire's own fees have also seen a rise in the TVA payable.

[woolybanana]

All of which goes to prove that this government of idiots is as out of touch as a snowman in a volcano; if you wanna get the economy going, get the housing market moving, amongst other things.

Hell, you can't even work part time these days unless it is a minimum of 24 hours. Nutters, nutters is the least I care to say.

[andyh4]

But that is not the French way WB.

That is very Anglo - S and would therefore possibly work at least in the short term

[woolybanana]

But France has been going dwn the pan for 20 years; this lot are just speeding up the process.

[mint]

Yes, very sad all the same, to see a once greatly admired and vibrant country sinking into the mire [:(]

 

[idun]

 But but, the french property market was never vibrant, that is really something that has happened in the last 20 years.

ie in 1981 and 1982 when we were looking for land, there was hardly any for sale. Few lotissements being built, a few but still that really means not many. True some appts in towns were going up but nothing like the 'boom' later,  in general it was slow. Few estate agents who dealt with location as there were very few houses for sale to. And the notaires fees and taxes were as they were.

Ofcourse these bills will go up with the increase in TVA. We copped for such an increase on our build too, something which we had not budgeted for at all, it had been hard enough finding  everything out that we needed to budget for, unexpected big bills found in the letter box............it felt like all smoke and mirrors at the time.

It doesn't feel to me like the housing market was ever a crucial part of french growth and economy.

Now the things that I could scream about are all the charges that businesses have to pay. No wonder the taxi drivers are going mad they have to pay 240.000€ for their licence![:-))] So much needs addressing and the dimwits that are in at the moment are IMO doing a dreadful job.

[idun]

 But but, the french property market was never vibrant, that is really something that has happened in the last 20 years.

ie in 1981 and 1982 when we were looking for land, there was hardly any for sale. Few lotissements being built, a few but still that really means not many. True some appts in towns were going up but nothing like the 'boom' later,  in general it was slow. Few estate agents who dealt with location as there were very few houses for sale to. And the notaires fees and taxes were as they were.

Ofcourse these bills will go up with the increase in TVA. We copped for such an increase on our build too as it went up, something which we had not budgeted for at all, it had been hard enough finding  everything out that we needed to budget for, unexpected big bills found in the letter box............it felt like all smoke and mirrors at the time.

It doesn't feel to me like the housing market was ever a crucial part of french growth and economy.

Now the things that I could scream about are all the charges that businesses have to pay. No wonder the taxi drivers are going mad they have to pay 240.000€ for their licence![:-))] So much needs addressing and the dimwits that are in at the moment are IMO doing a dreadful job.

[alex]

not all the "departements" have increased their stamp duty, a few of them have not, and some have postponed their decision after the "municipale" the mayor election, good to know if you signed a compromis de vente in one of these departement:

http://frenchpropertytrend.wordpress.com/

[NormanH]

Why why why do site like this insist on using misleading English vocabulary?

Stamp duty does not exist in France so why use the term?

Droits de mutation are made up of

Une taxe départementale (this is the bit that has gone up from 3.8 to 4.5 in the departments who have decided to raise it

Une taxe communale

Une taxe nationale au profit de l'Etat

then there is the Notaire's own fee..

http://www.latribune.fr/vos-finances/immobilier/20131115trib000795985/hausse-des-droits-de-mutation-ce-qui-va-changer-pour-les-particuliers.html