Market Update from December 2023

Posted on 11 Dec 2023 in French Private Finance
Market Update from December 2023

I sat for a while thinking about how I could review 2023 so I decided to look at how I reviewed 2022 12 months ago.
My introduction was the following: ‘’2022 was challenging at times for those looking to finance their French property purchase. However, whilst conditions will remain tight as we move into 2023…’’  Talk about an euphemism!

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Market Update from September 2023

Posted on 15 Sep 2023 in French Private Finance
Market Update from September 2023

What is new with the French mortgage market in La Rentree 2023? Well, let’s find out the good, the bad and the ugly.

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Market Update from September 2023

Posted on 15 Sep 2023 in French Private Finance
Market Update from September 2023

What is new with the French mortgage market in La Rentree 2023? Well, let’s find out the good, the bad and the ugly.

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Market Update from June 2023

Posted on 14 Jun 2023 in French Private Finance
Market Update from June 2023

The French tax office requires a new reporting request called “déclaration d’occupation”, “declaration of usage”

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New lockdown in France: What are the impacts on the real estate market?

Posted on 18 Nov 2020 in French Private Finance
New lockdown in France: What are the impacts on the real estate market?

A new lockdown started, real estate agencies are forced to close and visits have been entirely forbidden. Will the real estate market recover from a second stop?

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Repayment vs Interest only: Which offer should you choose?

Posted on 04 Nov 2020 in French Private Finance
Repayment vs Interest only: Which offer should you choose?

Repayment and interest only mortgage both have benefits, the choice of the product should be adapted to your financial needs and your profile. In France, the choice isn’t always possible, banks will usually prefer their clients to go for repayment loans. Why so?  A quick explanation Repayment products work this way: your monthly payment is […]

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What is the “Viager hypothécaire” and how does it work in France?

Posted on 07 Oct 2020 in French Private Finance
What is the “Viager hypothécaire” and how does it work in France?

The “Viager hypothécaire” is a personal loan secured by a mortgage registered on real estate belonging to the borrower, granted without death insurance. What is it for? In comparison to classic mortgages, the purpose of this loan is to finance the personal needs of the borrower: health costs, home help, retirement home, work to improve […]

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Can US Residents / US Citizens get a mortgage in France?

Posted on 19 Aug 2020 in French Private Finance
Can US Residents / US Citizens get a mortgage in France?

Since July 1st, 2014, the Foreign Account Tax Compliance Act (referred later as FATCA) has imposed obligations on foreign financial institutions in terms of registration, implementation of operational procedures, source deductions and reporting. So what are the consequences for US buyers and French banks? What makes it so difficult? For US citizens and US residents […]

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Mortgages options in France

Posted on 17 Jun 2020 in French Private Finance
Mortgages options in France

There are about 5 different mortgage options in France. Each has its own advantages and inconveniences but you will definitely be able to find the solution that suits you best and match your financial needs / projects. Which one is for you? The Classic French Mortgage: Lock in long term value The standard mortgage option […]

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The French mortgage application process | part 2

Posted on 18 May 2020 in French Private Finance
The French mortgage application process | part 2

1 – FIXED OR VARIABLE RATE? Fixed rates The majority of loans in France for French property utilise a fixed rate for the term. Fixed rates are available over 10, 15, 20 and even 25 years. The rate is fixed for the entire duration of the mortgage. This offers a high level of certainty as […]

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The French mortgage application process

Posted on 20 Apr 2020 in French Private Finance
The French mortgage application process

1 – OVERVIEW AND COMMON ADVICES Contrary to common belief, getting a mortgage in France is relatively simple. The only thing that can surprise some property buyers is the amount of documentation required to complete the application process. With the assistance of an experienced French mortgage broker, you can use their knowledge and connections to […]

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What data do french lenders use to build your application?

Posted on 17 Feb 2020 in French Private Finance
What data do french lenders use to build your application?

1 – From marital status to age… French lenders will have a look at everything The first aim of the bank is to determine if you meet the requirements for your real estate project. Lenders will want to know more about your personal situation (marital status, age, health…) and about the property you wish to […]

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Why would you create an SCI for your real estate purchase in France?

Posted on 03 Feb 2020 in French Private Finance
Why would you create an SCI for your real estate purchase in France?

An SCI, or “Société Civil Immobilière”, is a company that allows a number of individuals to share one or more real estate entities. The partners of the SCI can make contributions ‘in kind’; movable or immovable property that they already possess. These contributions, most often in kind or in cash, give entitlement to shares in […]

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