Living France - - LES PRATIQUES -

A Mont­pel­lier prop­erty de­vel­oper has in­tro­duced a ‘sat­is­fac­tion guar­an­teed or your money back pol­icy’ for buy­ers of apart­ments in a new-build com­plex in the city.

The scheme from prop­erty firm Roxim al­lows buy­ers of one of the 200 apart­ments that are cur­rently under con­struc­tion to pull out of their pur­chase at any time and for what­ever rea­son, up un­til they get the keys, .

This op­tion only ap­plies to first-time buy­ers who are us­ing the gov­ern­ment’s zero-rate loans ( prêt à taux zéro). If the buyer de­cides to opt out of the pur­chase, they will still be li­able for no­taire fees and costs of loan guar­an­tees ( frais de garantie).

The new measure pro­vides an ex­tra se­cu­rity net for pur­chasers of the off-plan prop­erty who, un­til they see the fin­ished prod­uct, have only the de­vel­oper’s con­tract and plans to go by.

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