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Showing posts from July, 2017

A Mortgage on Your French Property

France mortgage has always been a popular investment for those looking to invest abroad , and for a long time it has represented a sound investment. Like Britain there is a wide variety of financing solutions available to you if you are seeking to invest in French property. Gone are the days when you need to borrow against the value of your primary residence, French banks are much more open to selling mortgage to non-residents than in the past. However if you intended on moving to France, this was never an issue for you. From sun soaked villas in the south to charming flats in Paris and ski resorts in the east, the French property market seems to offer something for everyone. Property prices in the main resorts of the south coast has maintained their value throughout the financial recession. However other parts of the country were more effected and it is possible to get a lot of property for your money. After some slow years, the property market in France is beginning to recover, wi...

Know Your Mortgage Options When Buying French Property

French Mortgage For many hoping to purchase property for sale in France mortgage the prospect of getting a mortgage can be an intimidating one. But knowing exactly how the system works can help a prospective buyer obtain a loan with relatively little stress involved. Like in Britain, mortgages are available at all major French banks and these institutions are regulated to ensure they are abiding by certain rules and regulations. But as with any foreign country, there are some major differences in the way a mortgage is obtained and investors are advised to get up to speed on these before buying property in France. Two types of mortgage are available for homebuyers purchasing French property - either repayment or interest only. Mortgage products themselves vary, with some banks offering variable or floating rates with a fixed repayment variable term. Others provide mortgages with the monthly instalment changing regularly and a fixed term. Property experts say the best time t...