Get up to speed on French property deposits
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Anyone planning to get a mortgage when buying property in France will have to pay a deposit to the bank.
This cash sum is a way of letting the bank know that their client has a trustworthy source of income and will usually be expected to be paid regardless of where a mortgage is obtained.
The amount of money which is handed over as a deposit will depend on a variety of factors based on the situation of the individual.
Those who choose to live as residents in France and therefore pay income tax already may be offered a 100 per cent …
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