Homes in France
Buying a home in France

The process: Straightforward but one needs to understand the method.

In simple terms, a Notaire (similar to a conveyencing solicitor in the UK) acts for both the seller and the purchaser and is employed by the state. The Notaires' fees are fixed according to the price of the property and all other fees (estate agency's, taxes, land registry fees etc) as well as information regarding a mortgage or loan, are logged with the Notaire.

It is important to understand that it is the Buyers responsibility to ensure the condition of the home. As surveyors are not normally (although there is a growing number of UK and French based surveyors who will do the work) one must be satisfied with the condition, whether a total renovation job or a pristine chateau before entering into any agreements.

There are two contracts the Notaire will ask for to be signed.

Once one has have seen the property and agreed a price with the vendor, either direct or through an agent (immobillier) or in some cases through a Notaire, the first contract known as the compromis de vente is signed by both the seller and the buyer. This locks in both parties to commit to the sale. There is a 7 day "cooling off" period during which on can change their mind but once signed the property is taken off the market. The contact terms allow for the purchaser to buy from the vendor that property at the agreed price and a 10% deposit is paid. Should either party fall out of the contact afterward without an accepted reason the other party can be awarded financial penalties. The Notaire will advise on what is an accepted reason if asked. It is advisable to discuss all matters appertaining to purchasing a property with a professional advisor.

Mortgages >>>

Taxes >>>

Opening a bank accout >>>

Living in France >>>

What next? >>>

Homes in France

To get the ball rolling quicker, supply us with as much information as possible by clicking here and filling out the FACT FINDER FORM



Homes in France

CopyRight 2003 2004 2005 2006 2007