Market Update from January 2024

Posted on 26 Jan 2024 in Market
Market Update from January 2024

My New Year’s resolution is to be more optimistic in general, looking at the glass half full rather than… oh well, you know the rest. Well, it seems that the market is trying to help me maintain this positive attitude as the banks announced their new rates and they all have dropped. Some have been even smashed!

Read more

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!

Read more

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.

Read more

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.

Read more

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”

Read more

Market Update from April 2023

Posted on 03 Apr 2023 in Market
Market Update from April 2023

A bit of sunshine on the French mortgage market coming your way! One of our main lenders is coming back after a hiatus to finance existing and off-plan properties all over the country.

Read more

The Banque de France is changing (a bit) its system

Posted on 27 Jan 2023 in Newsletter
The Banque de France is changing (a bit) its system

Following the recent difficulties for the banks to be profitable (40% of the mortgage applications were / are being turned down), the Banque de France has decided to review its system.

Read more

Why is the rising of French mortgage rates a good thing?

Posted on 16 Dec 2022 in Newsletter
Why is the rising of French mortgage rates a good thing?

France has not escaped the rise of rates over the last few months. Yet these increases have not been to the level seen in countries like the UK.

In France, as the rates were extremely low to begin with, the recent rise puts them back in the realm of normality, which you can see here.

As you can see, rates have been extremely low (under 2,5%) in France for around half a decade. During this period we’ve seen a gradual constriction of the market, with fewer mortgage products on the market and even fewer banks offering non-resident mortgages at all.

Yet with such low rates, is anyone really surprised the market has ended here? As much as many consumers are programmed to loathe banking institutions (unless it favours or benefits them), if there is such little money in a market, is it a surprise that the products within that market have dwindled?

Read more

The ‘’Taux d’usure’’ is increasing and it is not that bad of a thing!

Posted on 20 Jul 2022 in Market
The ‘’Taux d’usure’’ is increasing and it is not that bad of a thing!

An increase of the ‘’taux d’usure’’ may increase your chances of being financed!

Read more