Know your mortgage options when buying French property
For many hoping to purchase property for sale in France the prospect of getting a mortgage can be an intimidating one. But knowing exactly how the system works can help a prospective buyer obtain a loan with relatively little stress involved.
Like in Britain, mortgages are available at all major French banks – which are regulated to ensure they are abiding by certain rules and regulations.
But as with any foreign country, there are some major differences in the way a mortgage is obtained and investors are advised to get up to speed on these before buying property in France.
Two types of …
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Stumble it!Buying a property in France is similar to purchasing a property in most other countries. Most buyers take out a mortgage that typically covers up to 80% of the value of the property. If you’re planning to purchase that second home in France, or even a primary residence, you can.....click title for details
Many people who are hoping to buy property to let are not aware that French Leasebacks could earn them even more money. Leaseback is a scheme introduced by the French government where anyone can purchase a holiday home or overseas investment property and cover a lot or all of the.....click title for details
