October 2015 – French Mortgage Transaction of the Month

This month we broke a new record! The average French mortgage loan takes around two months to go through, but this month’s French mortgage transaction of the month shows that it can actually happen in less than two weeks.

Now we will admit that the loan to value was lower than normal – at around 35% – but the speed at which this variable interest only loan (at 2.30%) was secured was mostly to do with the efficiency applied to the paperwork.

After having received their decision in principle, the client’s required documents were supplied to us quickly (almost in a matter of hours) thus enabling us to move very swiftly on the full application.

For further information on the French Mortgage Process please follow this link or alternatively speak to one of our advisers.