AIP: Agreement in Principle

There are significant benefits of getting your finance (French Mortgage) in place before you arrive in France. So make sure you don’t miss out on your perfect property.



One of the common problems you may face having found the perfect French property is realising you haven’t given as much thought to the financial side of the purchase as you should have done!

You can avoid all of this hassle and prevent any wasted time by getting a financial pre-approval before you arrive in France.

Specialists in non-resident French mortgages are able to carry out a large part of the underwriting process in-house.

They will be able to give you a very good indication as to how much each French lender will be prepared to offer you, providing you with the peace of mind that you can afford that dream property once you find it.

Getting an Agreement in Principle (AIP) improves your bargaining power

If you find yourself in a competitive situation with another purchaser, the vendor is more likely to do a deal with someone who has already arranged their finance:

• You will be able to complete the transaction more quickly than someone who is yet to sort out their financing options.

• Having your finance arranged essentially confirms to the vendor that you are a serious buyer and will prevent them from getting cold feet on the deal or looking at other options.

• With your finances in place, you’re essentially as good as a cash buyer and therefore you should be able to negotiate a lower price on the property.

How do I get pre approved?

To determine your eligibility for a loan through all of the French banks by submitting your financial details securely here and receiving the most competitive French mortgage quotes. Alternatively, talk through the process with a French mortgage specialist based in the UK on +44 (0)20 7484 4634