I understand that Residhotel have gone into administration again and are

being wound-up.

I've had no official communication from Residhotel.

Have any other owners heard anything?

I have notified my mortgage company (Credit Foncier) that I will be unable to

make any further payments unless a new management company takes over.

Can any other owners shed any more light on what is happening with this

development?

Many thanks.

Commentaires

just wondering how you got on with the mortgage company, we had a similar situation about 2 years ago and when i contacted the same company they werent very helpful and would come to no arrangement with us, it was a case of having to find the funds how ever you could to pay the mortgage


I haven't heard from them yet though to be fair it's less than a week since I

emailed them.

My French accountant says that if I stop paying the mortgage then they will

eventually re-possess the property. She also added that if there is a shortfall

between what they get and what is still owing then they will most likely just

write it off as a loss rather than trying to pursue me in the UK.

You must sign up or login to access more forums.

Vous devez vous inscrire ou vous connecter pour accéder à d'autres forums.

Join the French Leaseback Community today! It's FREE!

Inscrivez-vous à la Communauté LMNP aujourd'hui! C'est GRATUIT!