• Buying in: Buisson de Cadouin, Dordogne
• Property price: €183,600
• Loan amount: €137,700
• Mortgage type: amortising
• Mortgage term: 15 years
• Interest rate: 2.10%
• Loan-to-value: 75%

The Background

Our clients, a couple owning a couple of companies, wanted a holiday home to enjoy the French lifestyle and also work from home when they could. They had a very good profile and were quite flexible. 

Our Approach

We checked our lenders and found the highest loan to value we could get for a property based in La Dordogne: the verdict was 75% which is quite interesting.

We ended up getting a 137,700 € mortgage on a repayment basis with a fixed rate of 2.10% over 15 years in just 34 days!

Cherry on the cake, the life-insurance was waived (the clients already held insurance policies in the UK) so that limited the overall cost of the mortgage. It is important to know however that most lenders require life insurance to be taken in France.