• Buying in: Chatel
• Property price: €399,000
• Loan amount: €339,150
• Mortgage type: Repayment
• Interest rate: 2.35% Fixed
• LTV: 85%
• Term: 25 years

The background

Banks generally require a 3-year track record for partners/company owners/self-employed. However, this young professional only became a partner just over a year ago.

Our Approach

We sent over 6 years of accounts to prove that the business he was a partner from was financially sound and put forward the job stability to override the lending policy. 

The bank agreed that the risk was really minimal and that they could consider that it was more a promotion than a change of the structure and that the business would not be affected as such.

It is really important to keep an open mind and think outside the ‘French’ box.