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Property for Sale in France

Currency Exchange, Insurance and Mortgages for French Properties

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Buying Euros or Sterling? See our Currency Exchange page for advice and the best rates going.

Looking for insurance for your French property? Travel Insurance? Specialist Insurance?
See our
Insurance page and get an instant quote online

Seen your dream property? Are you wondering how to fund the purchase?
Read our article,
'Funding your French Property Purchase ' for some suggestions.

Thinking of taking out a Euro mortgage ? Please see the information below.

French Euro mortgages can usually be obtained advances of up to 70% - 80% of purchase price.
Click on the button below to begin -




For a written quotation or further details pleasecontact us , supplying your name, address and phone number,and a representative will contact you as soon as possible.

French bridging loans work in a different way to UK ones, and are nowhere near as expensive. They are treated as a normal mortgage, and can be included as a clause suspensif in a compromis de vente. If your UK property is sold before the loan is required, you are not committed to take up the loan.
  • Loan to value percentage varies, usually between 70% - 100% according to client's circumstances, can be over 100% to cover work to be carried out. Each case is considered based on client's financial status.
  • Mortgage fee to pay which is a percentage of the loan.
  • Security is on the French property, it cannot be secured against a UK property.
  • The loan can be for up to 2 years - no penalty for early redemption.
  • Rate is not loaded as in the UK, but at normal mortgage rate, fixed for the duration of the loan.
  • Monies are released directly to the notaire for the final signing.
  • Loan can be repaid on a monthly basis (as in UK, and means you have two mortgage payments to make each month) OR it can be rolled up and paid off in a lump sum when the UK property sells. (Obviously there has to be enough equity in the property to repay any UK borrowing as well as the French bridge)
  • There are no penalties for rolling up the loan for 2 years.
  • Application is made at the time of drawing up the compromis de vente, and payslips, bank statements etc, are required.

Comments from a UK client:

I have to say that the French bridging finance option was a no brainer as far as we were concerned. It is significantly cheaper than the UK and, even more attractively, we have an option where we only pay a monthly insurance premium for the duration of the loan and only pay back the loan plus the interest for the period we have had it when we want to redeem the loan. The rate of interest we are paying is such that we can invest the money we would be paying back here in the UK and make money on it!!! I really cannot understand anyone shying away from this option. It makes great sense to us!



PLEASE BE AWARE -
  • Your home is at risk if you do not keep up repayments on a mortgage or other loan.
  • The sterling equivalent of your liability under a foreign currency mortgage may be increased by exchange
    rate movements.
  • APR calculations are based on the assumption of a 160,000 Euros mortgage repaid on a capital and interest basis over 20 years, with interest calculated on the monthly reducing capital balance. Charges to credit assumed are a bank arrangement fee of 380 Euros and notaire's fees for registration of the mortgage deed amounting to 1685 Euros. All variable interest rates are assumed to remain unchanged throughout the mortgage term.