French Renovation

[smifffymoto]

The 1€ scheme isn’t a scam but you need the right type of house to benefit.

[AndrewCrown]

zbc said:

I like the wood on the ceiling. Current house has wood everywhere, slight overload and reacting against it I was planning to cut back but with the white that looks really nice. I think our ceiling will look similar with partially exposed beams and as you say the rest hidden in the insulation so I might steal some of that - thanks. Meanwhile nothing moving here as the commune are still making up their mind and setting some ground rules for the sale.

ZBC
This is the stuff
https://www.leroymerlin.fr/produits/menuiserie/lam...

Getting there...

[AndrewCrown]

A little further
Interesting to note on these old structures the volume alloacted to insulation on walls and ceilings.
Its coming along, I think its going to stay very cool or very warm depending on season.

[zbc]

So despite the awkwardness of lockdowns we are still making slow progress and now have a verbal agreement to move forward which is quite exciting but I guess the hard work starts here. We also need to decide how to pay for it and whilst one option is to use a mortgage here which I'm working on with our bank the other option is to sell our old family home back in the UK. I know there are potential CGT implications in both France and the UK and that one can be set against the other. Ideally I'd like to find someone who understands the situation in both the UK and France rather than trying to bounce between two different advisors. I'll repost this in finance but I thought someone here might have some good contacts too.

[Rushjob]

On the subject of the 1€ insulation, I've got a survey booked for next Friday to do the inside of our loft with the multi layer foil. Leaves us with a perfectly useable space rather than having to build a platform over the blown in or rolled insulation.

[Magooagain]

zbc said:

So despite the awkwardness of lockdowns we are still making slow progress and now have a verbal agreement to move forward which is quite exciting but I guess the hard work starts here. We also need to decide how to pay for it and whilst one option is to use a mortgage here which I'm working on with our bank the other option is to sell our old family home back in the UK. I know there are potential CGT implications in both France and the UK and that one can be set against the other. Ideally I'd like to find someone who understands the situation in both the UK and France rather than trying to bounce between two different advisors. I'll repost this in finance but I thought someone here might have some good contacts too.

Mortgages are cheap in France not so cheap in the uk.
House prices go up very slowly in France and often go down in value.
House values in the uk generally go up and are mainly a good investment.