Assetz offers French leaseback product

French Leaseback schemes enable investors to purchase a freehold property which they then lease back to a property management company, earning a guaranteed rental income for at least nine years. In return for signing a long-term rental agreement with the management company, the French government gives the buyer the 19.6% VAT charged on all French property back as a discount. The traditional French leaseback scheme is aimed at long-term investors and can be used by the owner as a holiday home for a few weeks a year, but is too inflexible for periods of extended personal use. Assetz claims i...