20 September 2018 - French Mortgage News | Partners News |
News Flash! New French mortgage rates and interest-only products
We’ll let the numbers do the talking – check out our latest French mortgage rates table! French mortgage rates start as low as 0.58% and there are capped, Fixed and variable products available to non-residents.
We have also started working with another provider recently who has bought a brand new French mortgage product to market: its a variable product, starting at 2.75% available for up to 25 years. The first 10 years are on an interest-only basis (so monthly repayments of €573*) before transferring onto a capital repayment facility. The most interesting aspect is that the bank has NO REQUIREMENT for life insurance. For our older clients, this can be a huge bonus as the mandatory life cover that other French banks require can sometimes cost more per month than the mortgage itself.
*Based on a €250,000 loan. For further details on what products and rates would be available to you, please contact us directly or submit an enquiry online.
This information should only be used as a guide. The products mentioned here are for non-resident clients, other products will be available for residents. The choice of interest rate and product terms will depend on your circumstances and the amount of the mortgage. Before you make a mortgage application, we will carry out a full review to establish your needs and preferences and if you meet the criteria, we will give advice and make a recommendation to you. There will be a fee for our mortgage service. All mortgages are subject to status. Please note that all products show an indicative rate only and may not be suitable for you. You must be 18 or over.
Found a property? Request a quote now or call +44 (0)207 484 4600