She receives 900 euros of rent with her studio: should she sell it to buy her house?

Capital video: To obtain a mortgage, is it better that I sell my rental investment in order to inflate my contribution or keep it because it gives me rental income?

• 
  

  To safeguard
  

  
  
  

  Saved
  

Not yet having the means to buy your main residence, but wishing to invest in real estate, Aline, installed in Grenoble, had started by acquiring a studio that she had hired, and which brings him 900 euros per month. Here she is able to buy her own house today! “To have every chance of winning a mortgage, is it better that I sell my rental investment In order to inflate my personal contribution, or keep it to increase my monthly income and display better solvency ? “he asks in the program Le Grand Rendez-vous de l’Emal du Real estate (Capital/Radio Immo).

“I would tend to advise Aline to keep this studio, which obviously gives her a good rental yield. But It is the bank that will decide For her! “replies Nathalie Couzigou-Suhas, notary in Paris. The High Council for Financial Stability requires banks to consent real estate credits whose repayment monthly payments represent a maximum of 35% of the borrower’s revenues. If Aline’s salary is a bit tight compared to her need for loan, her bank will ask her to keep her studio and his 900 euros of monthly rent. If it is his contribution which is too weak, she will advise him to sell the property and to inject the product of the transfer in the purchase of his main residence.

Succession: the unknown tip to pay the rights without selling your property

Our experts – real estate agents, notaries, lawyers – answer you

“If the bank accepts that Aline does not sell his studio, I cannot advise him too much to keep him”with regard to its interesting rental profitability, insists Nathalie Couzigou-Suhas. Above all “that it would be Too bad to sell a rented property Because it would be negotiated with a discount compared to the market price ”she adds.

Are you an owner, buyer, seller still investor and do you also have a legal, tax or practical question? Do not hesitate to connect to the Facebook group Le Proprios club To ask your questions. The 14,000 members of this group, created and managed by capital, will be happy to deliver their feedback. In a second step, we will also try to bring back your questions to submit them to our experts who will answer them in the next issues of the “Great Rendezencies”.