Financing land purchases in France
A particularly popular option at the moment in France is to buy a plot of land in France and then build a property on the land. Land is relatively cheap compared to the UK. Beware: land is very expensive on the Med coast but rural France, in general, is a bargain!
Of course, this will need outline planning permission (CU) and then, full permission when you submit full plans of your proposed property to the Local Mairie. More details >> Building in France.
Borrowing Money
A mortgage is possible for a property to be constructed providing the builder carries a insurance policy called ‘Assurant Decennale’ which covers the build project, a bit like our NHBC 10yr guarantee. These can be expensive and some smaller builders tend not to apply for it, and rely on buyers not needing a mortgage eg a cash purchase.
Our partners New Mortgage Finder can secure 70% of the land cost and 80% of the build cost. Otherwise the process and mortgage available are the same as with any purchase. Rates from 3.40%. More details >> French Mortgage.
Or phone Steve Morgan on 0870 350 8595 (UK) – please mention 1st for French Property
Stumble it!....sorry for the pun but apparently Global warming is having an affect on the quality of the Champagne vineyards. As tempertatures increase by 0.5 degrees, this will have a deleterious effect on the quality. As a result the big Champagne houses are looking to buy up large quantities of land in.....click title for details
Many people dream of living on a French farm surrounded by land on which they can work, relax or graze animals. And despite the strong emphasis which the French put on the importance of agriculture, there are still hundreds of French farms for sale, many of which are in disrepair.....click title for details
