This forum clearly demonstates that there are multiple developments that have had management companies default and new management companies taking over offering a much lessor rate of rental. Our group of owners are keen to bring this to the attention of the MEP's for possible support in this. Already the French government is looking at leaseback problems, as many owners are indeed French

Please respond via this forum and I will send you a copy of the letter to send
 

Comments

1 May 2013

Hi Diana,

Have you had any progress so far?

Though I am a member of this forum, I didn't know this

The same problem in Andour is leading to repossession

towards my leaseback in Andour. Because the rent is a big

part in the investment decision.

I feel that the way management company handled Andour is

almost a fraud. Because it was initially Goelia and in

between Goelia introduced a subsidiary called Residallia

and in turn Residallia defaulted and now Goelia takedn

over with 50% reduction in rents.

I would like to see your letter and let me know if you or

a group thinking or planning to take any form of action

for compensation.

My email is: ks_kumaran@hotmail.com

Most of these leaseback default look almost like a scam

or fraud.

Kana

14 October 2012

hi Diana

please forward a copy of your letter we have a place in

bergerac le clos des vignes and receieved a letter from

soderev yesterday

soooooooooo stressed out & worried but prepared to do what

it takes to get this sorted without being ripped off

best regards

brenda

4 October 2012

Hi Diana,



Would you send me on letter you sent to MEP.You have my email address I sent to you end of Sept. last. Thanks.



Manstream

3 October 2012

Hi Diana


Please can you forward the letter to MEP's regarding the French Leaseback


Foster

28 September 2012

Hi Diana,


Good to hear from you. Do you have an email address so we can communicate on this French Leaseback.


mainstream

17 April 2012

hi my name is pat dixon


i am having similar problems in montpellier.


please forward you're letter


jockey41134.7981944444

17 September 2012

please send me on a copy alos.


I have really had it with the french authorities allowing theft from owners of leaseback properties

24 July 2012

Hi Diana. I'd be interested to see that letter also,

eamonnquinn_ir@hotmail.com. Not sure if there is a problem

yet, but my the management company say they are having some

cash flow problems! Doesn't sound good.

20 April 2012

I will pm you with my email address and will also forward the letter to other owners of our residence who I am now in contact with.

Residence Cybele - Brides les Bains - Resitel

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