Is it time to become a landlord in France?

 Although today's good news that Greedy Angela is no longer deputy PM and housing secretary, we can be sure her replacement will still be anti-landlord.

As I continue to withdraw my rental properties over the anti-landlord stance, I have at least pondered whether it makes sense to become a landlord elsewhere.

So I have taken a look at France.  Property in France can be cheap and there is high rental demand so yields of 10% can be achieved.

I'm still researching but so far it seems to be a far more balanced system than the UK.  For example if the tenant hasn't paid rent for 2 months the lease is automatically revoked and the tenant is subject to eviction proceedings.  The only downside is that from 1st November to March 31st all evictions are suspended for "winter".  However in most cases the landlord can obtain possession in 7 to 12 months. 

Eviction in France is an expensive process - typically a few thousand Euros but then the UK can be expensive the moment the tenant gets legal aid - potentially £20k.  Coupled with  UK court system being  fundamentally broken it can easy accumulate legal costs. 

If the tenant makes partial rent payments then it doesnt reset the proceedings.

If tenants are obstructive and dont respect the eviction notice can be fined €7,500 (Law n° 2023-668 du 27 juillet 2023).

Who would have thought socialist France was better for landlords than communist UK? 

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