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03/05/2008, 21:57 Patf Joined on 23/08/2004 SW Gers Posts 2,250 Re: Keep a house here or not? I would definitely say, keep your London house and rent it out. We do this and use an agent which takes some of the worry off our shoulders.; Having said that, £400 pm isn't much to live on here, although many french people do manage on this amount. We have also had to spend quite a bit on maintenance of our english house, not that the tenants are destructive, just normal wear and tear. Have you spoken to any letting agents to find out how much rent you could get?    Report

03/05/2008, 22:10 snapper Joined on 03/05/2008 London/St Savin 86 Posts 5 Re: Keep a house here or not? I have only looked on line at letting agents  here in the Uk to see what similar properties are being rented out for - between £1200 - £1400. We have the DLR being built which will be ready early next year and is just a 10 minute walk away so prices may go up.    Report

03/05/2008, 22:16 woody234 Joined on 16/02/2008 parthenay 79 Posts 173 Re: Keep a house here or not? whats a DLR    Report

03/05/2008, 22:18 Trying Joined on 30/04/2008 Posts 15 Re: Keep a house here or not?  woody234 wrote: whats wrong with going back to uk for medical stuff rather than paying french health care insurance, also i have no tin hat but i have a pillow instead also yes I have watching eyes Hi woody          Please do-not not take (watching eyes)as a joke,it like all forums there for all to read,and they do.    Report

03/05/2008, 22:21 Gardian Joined on 15/02/2006 Gard Posts 1,359 Re: Keep a house here or not? DLR = Docklands Light Railway    Report

03/05/2008, 22:29 woody234 Joined on 16/02/2008 parthenay 79 Posts 173 Re: Keep a house here or not? What do you mean when you say "watching eyes" do you mean the forum moderator or people that watch things with there eyes    Report

04/05/2008, 7:29 nectarine Joined on 02/08/2007 Lot-et-Garonne Posts 238 Re: Keep a house here or not? I'd had this same chat with a couple of estate agents recently and this is their advice:  rent out your house because there are lots of people registering with them to rent, the numbers are increasing all the time as people will always need somewhere to live.  Also, property values in the UK have dropped but you can hold on to the house and rent it until the value goes up again.  Their tips for good rental were to see what equivalent properties were renting at, and price yours at 10% cheaper, then tenants will be attracted to yours and inclined to stay there longer.  If you look like your passport picture, then you probably need the holiday.    Report

04/05/2008, 7:44 Jane and Danny Joined on 23/08/2004 near Cahors, 46 Posts 776 Re: Keep a house here or not?  woody234 wrote: whats wrong with going back to uk for medical stuff rather than paying french health care insurance Woody, if you are a resident in France, you are not entitled to health care in the UK except for emergencies with the appropiate card... Danny specialist flute repair    Report

04/05/2008, 12:36 sweet 17 Joined on 05/08/2006 charente maritime Posts 2,634 Re: Keep a house here or not? Snapper, I do think you have had some good advice here or, at least, food for thought. If you're worried about voids in rental (which incidentally do always happen even in the most popular areas), then you'll have to look at whether you can generate enough rent money to set some aside for paying the mortgage during voids.  That and a sinking fund for repairs, renewal, etc would be essential for total peace of mind. Your London property looks to be in a good place and you can certainly try letting until you know what you want to do in France, even if it is just to get that breathing space to have your gite up and running. You're in a very fortunate position.  It's a nice problem that you have!  There are many others on the forum, me included, who wouldn't mind having to make your sort of choice.    Report

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France Forum » Moving » Finding/Owning ... » Re: Keep a house here or not?

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