Our client was under pressure from their vendor to have their mortgage in place and be ready to complete within a very tight timeframe. They also wanted to purchase the property through a French company (an SCI). Fortunately we have helped many clients with finance on a purchase through an SCI and so we managed to help them navigate what can be a tricky process and were able to secure a mortgage offer for them within 10 weeks of submitting their file for approval and they completed on the mortgage within 13 weeks.

We arranged an interest only loan, which is unusual in France, at 60% LTV and a rate of 2.25% fixed for a 14 year term with no requirement from the bank to deposit savings or take out additional life insurance.