|Renting out your French house or Holiday home|
What does it cost to register a property with French Locations?£80 for a single property, £120 for 2 properties and £30 for each subsequent property.
Why let long-term?Many of the properties registered with us for long-term lets are also available for shorter summer holiday bookings. There is a limited demand for shorter holiday bookings during the low season, but a proven market for longer bookings of a couple of months or more. By making your house available year round not only will you realise a much greater income from letting, but the house will benefit from being heated and lived in throughout the colder months. Many longer-term tenants are happy to maintain the garden whilst they are there, and knowing that your house is not standing empty for long periods can be a valuable deterrent to burglars.
Who wants to rent long-term in France?The majority of those wishing to rent long-term are considering buying a house themselves and, as a result, may wish to spend some time living in France to ‘test the water’. Renting gives them the opportunity to “try before they buy”, possibly spend time researching schools or employment prospects, and be sure that a move to France is right for them. Others may already have bought a property and need to live nearby for a period of some months to oversee renovation and building works before they can move in; or they may want a base in France for work reasons, some time out enjoying the French way of life for a few months, or even a peaceful base to get the creative juices flowing! Whatever their motivation, long-term renting can offer them an excellent choice of properties all over France.
How long?Some owners make their properties available for rent during the off-season only (usually Autumn through to Spring), perhaps because they use the property themselves during the Summer or because they make it available for shorter holiday bookings. Others will happily take long lets all year round, or even on a fairly open-ended basis, until such time as they want to move there permanently themselves. Do be prepared to be flexible over your long-term letting season - it may be better to accept a single 12-month booking than have to deal with weekly or fortnightly changeovers throughout the summer months. Under French law unfurnished property must be let for a minimum period of three years.. The vast majority of tenants enquiring through French Locations are looking for a tenancy of between 3 – 12 months, so in most cases furnished property is best. The law also requires that ‘furnished’ means comfortably furnished rather than just basic, so should include beds, table & chairs, crockery, cutlery etc.
Sometimes, however, tenants want to bring some or all of their furniture with them whilst they are house-hunting in France. So if you have a secure barn or outbuilding do consider making this available to them for storage. Arrangements for this can be covered within the terms of a tenancy agreement.
Leases Click here for more information
For your peace of mind we strongly recommend that there should be a formal French tenancy agreement (“Contrat de Location”) in place for all lets. If a tenant is going to be using your house for a period of several months it is crucial to have all the details covered in a watertight lease so as to avoid any misunderstanding or disagreement. An English lease is not valid under French law. French Locations offers the additional service of supplying tailor-made French tenancy agreements for bookings of one month or more. For full details go to the ‘Leases’ section of our website.
Be realistic about the monthly rental for a long-term let. The monthly rent for an off-season let will probably be about equivalent to the weekly rent in high season, but do have a look at what similar properties are charging in your area. Be prepared to offer a range, e.g. £500 - £650. This gives you the flexibility to negotiate depending on the length of the booking, the number in the party, etc.
We would also recommend that utility bills (gas, electricity, water etc.) are paid by the tenant in addition to the monthly rent – that way they are responsible for their own fuel consumption, particularly in the colder months.
What Happens when you find a tenant?
Prospective tenants make direct contact with you. Find out a bit about them before accepting a firm booking by ‘phone or e-mail. If possible we recommend that they see the property before a final agreement is reached, although in many cases this is not possible as lots of people come to France from another continents.
It is not nosy to ask why they are coming, nor is it unreasonable to ask for references. In short find out as much as possible about the tenant, set out the ground rules early on and ask for a deposit equivalent to one month’s rent. This will: (a) guarantee the booking until a tenancy agreement has been drawn up, and (b) act as a warranty against breakages or damage. The deposit should be returned within one month after the end of the booked period, subject to the owner being happy that the property is in the same condition as at the beginning of the tenancy and after deductions for any damage or outstanding utility bills.
Have you any further queries?
Contact email@example.com telephone 00 33 (0)231 87 35 70