Some useful technical information
If you decide you are interested in buying a plot, then you’ll need to be aware of the following….
• All sales of property or land in France must take place through a “notaire” (equivalent to a solicitor)
• To purchase land in France, you will need your passport, your birth certificate(s), and (where applicable), your marriage certificate. Bring these with you in case you find the plot of your dreams !
• When you buy in France, 10% of the net sale price is payable to the notaire on signature of the initial contract. The advantage of this is that the sale is secure – you cannot be gazumped ! The disadvantage is that if you pull out, you will forfeit the 10% deposit to the vendor.
• Many British buyers include in this initial contract, a conditional clause (“clause suspensive”), making the final purchase dependant on planning permission being successful.
• You need to bear in mind that in addition to the purchase price, there are also the notaire’s fees to be added, as well as government charges and taxes.
• About 3 months after the initial agreement to purchase is signed the definitive contract of sale is signed.