Latest transaction: €680,000 Loan for a property in Les Gets, French Alps

Posted on 24 Jun 2020 in Transactions
Latest transaction: €680,000 Loan for a property in Les Gets, French Alps

Buying in: Les Gets
Property price:
 €850,000
Mortgage amount: €680,000
Mortgage type: Repayment
Mortgage term: 20 years
Interest rate: 1.80% Fixed
Loan-to-value: 80%

The background

British living in Japan for more than a decade, our client wanted the highest Loan to Value available at the best rate possible.

Many banks accept to finance EU residents only. Others accept to finance British expats only if they are staying overseas for a few years only on a specific contract. Our situation thus presented a challenge at first.

Our Approach

However, thanks to our large panel of banks, we found a great solution with a Loan to Value at 80% and an excellent fixed rate over 20 years at 1.80% and without assets placed in the bank.

Back to Journal