EU & French Government: Justice for Hood-winked Owners of French Leaseback Properties

Reasons for signing

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Christopher Collins
4 weeks ago
Because I like to help as much as possible

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Paul Ryan
4 weeks ago
This is grossly unfair on the poor people who were using their life savings on what they thought was a safe purchase.

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Mark Benfield
Jan 10, 2021
I believe the system is not fair

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Bridget Clune
Oct 18, 2020
I have been a victim of this scam, justice needs to be done for all

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Sean Flynn
Jul 2, 2020
I believe we were all misold these properties.
We are being treated in a disgraceful manner by management companies and by the French government.

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Leon Allison
Jul 1, 2020
I have lost so much money on two French leaseback properties: the builder delivered an incomplete development in the one instance; both management companies first reduced the promised rent and have now stopped paying rent altogether; and it seems French law is not on the side of the lessor, which is in most/all? instances individuals, and instead favors the lessee, which are companies. The worst investments I’ve ever made and it seems impossible to exit!

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tim beak
May 13, 2020
We bought our property in Paris in 2003 from Hotels de Paris ( a french stock market listed company ) when they arbitrarily stopped paying income around 2009 , despite our best efforts ,including appealing to HSBC France our mortgage provider ( they were of absolutely no help at all ) ,our property was repossessed in 2012 . We then took a long and expensive journey to court and court of appeal , but despite our very good Paris lawyers feeling we had a strong case against HDP other agencies for miss selling and contract irregularities, both cases were thrown out . We felt very bitter , bearing in mind the whole scheme was backed by the French Government with 20% Vat rebate , the verdict appeared to imply it wasn’t what you knew but WHO !!!! say no more . So this petition is far too late for ,but I wish you all the best in your endeavours against these people , even if success might be little bittersweet

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Sheila Boylan
Mar 31, 2020
Was also caught in leaseback

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Mary Healy
Mar 29, 2020
Thanks for doing this programme. I’m one of the owners. Every year we are faced with recurring and new difficulties. And the payment of more legal fees to defend our case. You’d never think we were owners. The ‘residence de Tourism’s’ clause gives the property manager more rights than owners!

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Anthony Potter
Mar 29, 2020
Miss-sold at Les Demeures du Ventoux by Village Center who disappeared after 2 years, MMV came and went and now Vacanceole have cut rents by 35%, cancel leases of those who refuse and little or no maintenance. Expenses have gone through the roof, recent property valuation was 60% less than purchase price. A total scandal