Le Mini'mag, October 2019

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# Property << p25 eligibility to borrow as UK lenders. The rentability of the property will be factored in, as well as the borrower’s disposable income, as a primary consideration of their financial situation. Last, but certainly not least, the most frequently chosen form of investment is a gorgeous French property you buy outright with a lump sum from savings, downsizing your main home, an inheritance, etc. Instead of leaving the cash languishing in a building society attracting teeny amounts of interest, invest in a French property you can both enjoy and rent out to holidaymakers to cover its running costs.

New-builds can qualify for Loi Pinel tax advantages

Choose a rental with a ‘hook’ to bring in holidaymakers again and again. It could be close to a tourist attraction, a tranquil setting, have a nice pool or a delightful interior you find or create. A good season of holiday rentals can provide enough income to cover the cost of changeovers, gardening, local taxes and utility bills, so your own holidays there are ‘free’. Whatever option you decide suits your needs, the diversity of the French market and number of properties available ensures the choice is there to make a perfect match. With thanks to Lisa Greene Area Co-ordinator of Leggett Immobilier Grand Ouest lisa@leggett.fr Tel.: 02 96 42 63 46 www.frenchestateagents.com

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