Latest transaction: €190,800 loan for a property in Cieurac
Buying in: Cieurac
Property price: €254,400
Mortgage amount: €190,800
Mortgage type: Interest Only
Mortgage term: 14 years
Interest rate: 2.45% Fixed
Our clients were a mixed couple (British / French) and the husband wanted to buy a second home in his wife’s hometown in the Lot department (South West of France).
Both were salaried with good income and no debt in the UK or anywhere else so they could afford the mortgage without any much trouble. It was an easy application all in all as the clients were also very efficient. Because of the relatively small size loan, it was agreed quickly as we managed to avoid the life insurance and the different committees.