Is France in Breach of EU Directive 93/13/EEC – Unfair Terms in Consumer Contracts ?

Posted 6 CommentsPosted in Lease, Legal, News

Contractual ‘hidden terms’ and Eviction Compensation Is there a systemic failure by the French authorities to protect consumers by devising a tax incentive which was aimed at ordinary consumers, and designed to promote investment in infrastructure in the French tourist sector, but which required a commercial lease contract to be signed by the consumer, a […]

Pierre & Vacances – big players in France, but is it a fair game ?

Posted 7 CommentsPosted in Lease, Legal, Press

In the #FrenchLeaseback arena, Pierre et Vacances are huge players. They operate 280 Residence de Tourismes, with 50,000 properties, dealing with 23,000 owners! Indeed, they have also moved into the Senior Residences investment area, since these have been given similar tax advantages to the Residence de Tourisme.  These are the next investment ‘opportunity’ that could […]

Vicky Ford MEP Represents UK French Leaseback Owners

Posted 15 CommentsPosted in Lease, Legal

Update  from Vicky Ford’s office, 30 May 2017: As you are aware, on 6 April Mrs Ford sent a letter to Commissioner Věra Jourová, Commissioner for Consumers, explaining the experience of victims and asking the Commissioner to investigate. Specifically examining the possible infringement on three aspects of EU Directives: 1.            Mis-selling of the properties 2.            […]