Lease

French Leaseback on France TV Journal

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France TV 2 news programme Journal featured a piece on French Leaseback on 17th July 2019. It featured one owner from a residence de tourisme in Deauville and another owner from Domaine des Fontenelles, operated by Madame Vacances. It seems that MMV are looking for €50k eviction compensation from this owner, while the contract that […]

Press

TV Production for RTE

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A TV production company called Cornelia Street are planning a documentary for RTE 1 (Irish national TV broadcaster) called ‘Burnt by the Sun’ due to air this autumn. This is a fantastic opportunity to bring this issue to the fore and provide for some serious pressure on the consumer protection authorities, in particular the EU […]

Press

Press Updates – 2018

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Updated 18th August 2018 French national daily, Le Figaro, published a piece on the DGCCRF investigation entitled  Des étrangers dénoncent «l’horreur» des résidences de tourisme françaises  (16th August 2018). In the piece, Jean-Bernard Litzler describes how owners feel that they are ‘prisoners of a Kafkaesque system’: Selon eux, la présentation qui leur a été faite du […]

News

Press Updates – Autumn 2017

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Updated 5th Nov 2017 The Times Peter O’Dwyer had another article in The Times (Irish edition) on 31st Oct 2017 – see Property ‘scam’ complaints passed to French watchdog. The Times Peter O’Dwyer had an article in The Times (Irish edition) on 10th Oct 2017, Irish Victims of Alleged French Property Scam Win Reprieve, where he outlines the view […]

Press

Press Updates for French Leaseback Owners

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Update : 31 May 2017 RTE Radio 1 Following on from a successful piece on Morning Ireland by Justin McCarthy on 31 May 2017, many Irish owners have been in contact with the CCPC. The piece featured 2 owners and Brian Hayes MEP. They finished up by advising any listeners who had experienced these issues […]

Lease

Irish Times Reports on French Leaseback Debacle

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The Irish Times has led the way in reporting on the issues with French leaseback and the online petition to bring it to the EU. See Diarmaid Condon’s excellent article: For over a decade French leaseback properties have been marketed as such reliable investments that they could substitute for a pension. Buyers are encouraged to […]

Lease

Indo on French Leaseback

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A recent article in Indo – The French Dream that became a Nightmare – goes some way to highlighting the problems with French leasebacks and I commend the journalist Sinead Ryan for taking this on. But it doesn’t go far enough. Perhaps those selling French leaseback/investment properties should be subject to financial regulation. From the Central […]