Latest transaction: €524,800 mortgage for a property in the French Alps

Posted on 29 Apr 2022 in Transactions
Latest transaction: €524,800 mortgage for a property in the French Alps
  • Buying in: French Alps
  • Property price: €656,000
  • Amount: €524,800
  • Rate: 2.00% fixed 
  • LTV: 80%
  • Term: 20 years
  • Type: Repayment

The Background

The client lives in Abu Dhabi which can be very difficult to finance sometimes. Plus, the client was a non-EU national which complicated the matter. 

Our Approach

We found a local bank that agreed to finance our client. The client had to offer collateral so the net LTV was around 65% rather than 80%. The rate was also very attractive which was another bonus!

Having received several refusals when searching for a mortgage independently, the client was ecstatic that we managed to find a solution.

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