Posts in category: Transactions

French mortgage transaction of the month

Transaction of the month – 15 year fixed rate at 3.6% for a French mortgage in Cannes

€ 650,000 Equity release

This loan was for an Australian couple to purchase a main residence in Australia. The couple runs a rental business from Australia including rental properties in the South of France. We released this equity release from the main property valued at over € 2,000,000.


French mortgage transaction of the month

Transaction of the month – 10 year fixed rate at 3.80% for a French mortgage in Belle Plagne

€ 269,000 Leaseback investment in Belle Plagne

A French mortgage for a Belgian national buying an investment property in the Alps for a mixture of investment and personal use. The property was sold under the leaseback scheme so the owner will enjoy a guaranteed rental return to help pay for his mortgage.


French mortgage transaction of the month

Transaction of the month – 25 year capped rate at 3.90% for a French mortgage in Seytoux

€ 480,000 Full Construction for a Chalet in Seytoux

This loan also involved buying out an existing loan used to purchase the land and then a further loan to construct a Chalet from scratch in Seytoux. It is worth pointing out that if you are planning to self-build you may have to apply for “Assurance Dommages Ouvrages” which can be a lengthy process.


French mortgage transaction of the month

French Mortgage Transaction of the month – Equity release and refinance

€ 1,190,000 an equity release in Chamonix

This loan was made to release equity to continue renovation works and to refinance a variable rate with a long term cap of +1% over 20 years with a starting rate of 3.60%. It is always necessary to buy out any existing mortgage on a property as French banks do not like to have a second charge.


French mortgage transaction of the month

Transaction of the month – 3.60%, variable with a cap + 1.50% for a French mortgage in Provence

€ 565,000

When French mortgages go well… This application was complete and a mortgage offer issued in 2 weeks owing to high levels of organisation from all parties involved; bank broker and client. The motivation was to ensure we secured the rate before an impending increase of almost 0.50%.


French mortgage transaction of the month

Transaction of the month – 4 investment properties in a French mortgage in Paris

€ 1,003,000 Pierre & Vacances Reuilly

This long term capped rate, on a loan amount of € 802,000 on a repayment basis with an initial rate of 3.5%, combines security with a cap at 4.6% for the duration of the mortgage, and flexibility with early repayment facility . This French mortgage in Paris was made via an SARL de Famille for inheritance reasons.


French mortgage transaction of the month

French Mortgage Transaction of the month – 25 year fixed rate at 4.60% for a French mortgage for Grand Domaine

€ 4,600,000

This long term fixed rate with no repayment penalties after two years on a loan amount of €3.8 million on a repayment basis represents an excellent negotiation in today’s mortgage market in France.


French mortgage transaction of the month

Transaction of the month –  25 year variable rate at 3.15% for a French mortgage to construct a chalet in Haute Savoie

€ 1,125,000 Land and building costs

This application required close attention to detail to find a loan to three unrelated buyers purchasing land via an SCI to construct a chalet, where the building costs were over 60% of the repayment loan amount.


French mortgage transaction of the month

Transaction of the month – 25 year hybrid at 2.40% for a French mortgage for a Château in Gers

€ 1,000,000 for a Château in Gers

It is always interesting to work on a French mortgage for a Château in Gers, particularly as the valuation by the bank can often be different than the purchase price. We obtained a 70% loan in this transaction with a period of interest only for 3 years, followed by a repayment period of 22 years.


French mortgage transaction of the month

Transaction of the month – 25 year fixed rate at 2.75% for a French mortgage for a farm in Haute Savoie

€ 945,000 Farm

A 25 year fix under 3%? Yes, indeed. This was repayment loan negotiated for an expat based in Switzerland buying in France. The loan was denominated in CHF.