Advice on Buying a Property in France

Estate Agents

The price of houses in estate agent’s windows will normally include the estate agent’s commission but as that can be anything up to 10%, it’s worthwhile asking what is included in the price.

It’s always wise to do as much investigating as you can by surfing the net. It gives you an idea of the varying prices in different areas of France and the more you see the more chance you have of getting a good deal.

We at ‘Help in France’ also offer a property search service. We can send you a form to fill in, (area of France, type of property, price range), which we can transmit to estate agents we know in different parts of France. Please contact us for further details.

Surveyors

Unlike Britain, (if a mortgage is involved)), there is no legal requirement in France to have a surveyor look over your property but it may be wise to employ one. They can often inform you of necessary work on the property which will, of course, affect the total cost. Alternatively, a qualified builder or architect can be consulted.

Notaires

In the buying and selling of properties in France, these are the equivalent of British solicitors although there are some differences between the two. A Notaire is a government official and normally works impartially on behalf of both the buyer and the seller of a property. The Notaire will see to it that all relevant taxes are paid and also arrange the necessary searches. They can also sell properties to you directly, in the same way as an estate agent does.

Making an offer

When you have found your dream home, it is important to ask to see the plans of the property, (cadastre). Check for rights of way, limits of the boundaries etc. It will also tell you if new buildings or roads are planned in the area. Seek the advice of a legal advisor or estate agent. Only if you are happy with the plans should you then make an offer.

Compromis de Vente

This is a legally binding document signed by both parties in front of the notaire. It is an agreement or promise to sell and a deadline is set for the transaction. At this time the buyer must hand over a deposit, normally 10%, to the notaire or estate agent. This can be lost if the buyer backs out of the sale for reasons other than those agreed by both parties. (Conditions Supensives).

Acte de Vente

The final phase, normally around eight to twelve weeks after the signing of the ‘Compromis de Vente’, is the signing of the ‘Acte de Vente’ where the title deeds are transferred and the notaire is paid. The balance of the house price is also paid at this time so be certain to have immediate access to it. A promise of money is not sufficient.

And there you have it. Welcome to France!

This list has been made only as a general guide. We suggest you search the internet or other sources for a more comprehensive idea of what is involved.  Please note also our statement on limitation of liability.  Thanks!

“HELP IN FRANCE” Services.

As a French/English couple with very good knowledge of France and its regulations and experience in moving abroad, Nadege and Anthony are in a good position to help you before you leave Britain, on arrival and for as long as you need them.

Their services are described in detail on their website.

To sum up, they can put you in touch with estate agents, organise your “hunting tour”, accompany you and translate when signing contracts, help you settle down, get you through the maze of French administration and assist you on a long term basis if necessary.