Tuesday, 27 November 2018

A dfferent Brexit worry

We have received a message from a family who lived in Najac for many years but returned to the UK in 2015, retaining ownership of their French properties. Does anyone have experience of the implications of being a non-resident non-EU landlord? Leila McLelland writes

 
"we are currently living and renting a house in the UK but still have our only owned property in France. We are getting a bit frantic now with the ongoing Brexit chaos and wondered if you would be able to give us any advice or may be able to give us some pointers as who to talk to please about our ongoing concerns?



Our house in St Andre de Najac is a converted barn split into 2 houses. We rent our cottage all year round to a French couple and rent the 'gite' part out in the summer months only to holidaymakers every year. The bills for both properties are still registered in our name at the house, we still have a small french mortgage on the house and do declare the rental income to the centre financiere (taxe d'impots). 


As we don't actually live at the house, how do you think we will be regarded if/when the UK leaves the EU? Do you know if there are any  changes concerning taxes on second homes that people outside of the EU have to pay"

Please reply to Leila McLelland