Obviously I would need to be living there and therefore would have no source of income (which negates a French mortgage) and uk mortgage companies don't seem keen on lending for a house in another country. I do have a business plan and can invest up to 30% of the costs. Any ideas received with thanks!!!
2006-10-23 22:27:12 · 7 answers · asked by Wanting to escape... 1 in Business & Finance ➔ Credit
get yourself to france and look for a property which is being sold as a location\vente which is where the owner is playing the bank . you split the cost of house over 5-10 years and pay each month. but beware if you miss 3 payments the owner can recliam the house and all the money you have piad will be classed as rent , meanig all investment is lost good luck. i had 12 very good years in france. any more questions? paconet19@yahoo.com
2006-10-23 22:49:48 · answer #1 · answered by paconet19 2 · 0⤊ 0⤋
Hi
sorry to be negative.
A gite / B&B rarely works in France if you need to borrow money. Count on three years to get reasonable business. And established competition is fierce.
I work as a management consultant in France, and have seen the personal tragedies of failure.
Peter
2006-10-25 16:20:12 · answer #2 · answered by MPPRH 4 · 0⤊ 0⤋
if you do not have enough capital and have no idea of what to do
i think it would be best to move to france find a job stay in the country for a while,open a bank account in french bank and after
a while you can apply for loans from french banks.
2006-10-24 13:59:25 · answer #3 · answered by kartir2500 2 · 0⤊ 0⤋
It would be a better idea if you went out there and starting working to build up some sort of history there first !!
2006-10-24 05:30:02 · answer #4 · answered by IloveMarmite 6 · 0⤊ 0⤋
Apply online at www.surefirefinance.co.uk for a commercial loan
2006-10-24 10:17:11 · answer #5 · answered by Anonymous · 0⤊ 0⤋
Sorry i cant answer that one but i sure do envy you,i have the money to do this but my husband wont hear of it,maybe i should leave him behind and join you.
Hope you find your dream.
2006-10-24 12:35:43 · answer #6 · answered by Anonymous · 0⤊ 0⤋
duuuhh, in France, of course
2006-10-24 05:28:48 · answer #7 · answered by Borat2® 4 · 0⤊ 0⤋