Mortgages for buying property in France

• Mortgages for French Property
• Mortgage Providers
• Mortgage Quotes

Country : FRANCE
Typical Rate : 3%
Loan purpose : Residential purchase, Buy-to-Let, and Re-Mortgages.
Min Loan : 32000 Euros
Max Loan : 85% of the properties purchase price (net of any included fees such as agents costs) Term : 5-25 Years available
Max Age : 70
Repay method : Capital and Interest or interest only (restricted availability)
Currency : Euro
Additional Info : Your Loan is based on your joint net ‘take home’ pay. All your existing liabilities including any mortgage/rent payments, personal bank loans, credit card payments etc together with your proposed French mortgage payments must not exceed 40% of your net monthly income.

Our Niches.
We are able to assist you with mortgages from over 30 Countries. We are particularly proud to be among the first to offer mortgages in Eastern Europe including Hungary, Czech Republic, Slovakia and Bulgaria with others being added regularly..

Where do you start?
Pleasecomplete your details at the bottom of this page and one of our specialist advisers will contact you to discuss your requirements.

Approval in Principle
For all countries we are able to offer an approval in principle service. We will ask you to complete our confidential information form. This provides us with sufficient information about your finances to advise you of the likely hood of obtaining finance. In some cases we can obtain a formal approval in principle directly from the lender which is particularly comforting for new build purchases where you need to commit to a purchase way in advance of applying for the mortgage.

What happens next?
If you wish to proceed, we will send you a full application pack. Any required application forms will be pre-populated with the information you have already supplied. We will supply you with a specific document requirements checklist and additional information and tips about your purchase.

During the purchase
Once you have returned you application to us, as well as processing the application, we will provide you with guidance on the whole process. We will monitor your application with the lender closely and provide you with regular updates and explanation of any terms when the offer is produced. We will liaise with your other chosen professionals to help with your understanding of the complexities of your purchase such as buying through a company, residency permits, taxation issues, life cover assignment etc.

Additional Services
As with the UK, you will be required to insure the property. Many Overseas lenders also insist on Life Cover. In some cases an existing plan may be used if it meets the minimum requirements. It is important this issue is not left too late, as you may be unable to complete on your purchase until cover is in place, which can sometimes be delayed by requirements for medical information. Our recommended independent advisers can provide specific advice.

We feature a select few when it comes to reccommending mortgage facilitaors from the UK. This can be an easier way to arrange your finance or mortgage requirements before you begin your search. Listed below are some of the advantages to using some of the companies we reccommend.

• More than 200 residential overseas/foreign mortgage products available in over 30 countries worldwide including Bulgaria and Turkey
• Over 10 years of trading and 20+ staff experienced in conducting business with overseas and foreign lenders
• Fully independent with more overseas/foreign lenders and more choice
• Competitive and exclusive overseas/foreign mortgage terms
• In some countries, no final arrangement fee charged by us for organising the overseas/foreign mortgage
• At no cost, can internally pre-qualify your application financially, thereby saving any wasted inspection flights
• Can save you time and costs (ie: phone, fax and postage) in both exploring and finding a possible lender
• In-house processing and dedicated underwriting team for each country ? who are fully aware of what documentation the lender requires, their lending criteria and how to present the application, which ensures a faster mortgage offer
• The use of our extensive database of other relevant professionals such as lawyers, surveyors, currency exchange and offshore company formation experts

Click here for further details

Property-Abroad features Barclays as provider of mortgages for Italy (or France, Spain, Portugal as applicable), click the link above to receive a quotation and information pack.