Monday, 3 July 2017

Monday, 3 July 2017

Mortgages



Many of our clients are cash purchasers. In fact probably over 90%. But even if you can purchase for cash, there are numerous advantages of taking a mortgage in France.

Borrowing money in the country of residence (typically UK Buyers for 2nd homes), often involves securing a mortgage against a main home. This means leaving less equity available for future investments or for unexpected events.

It is essential to maintain a balance between liquid assets and real estate. If you take a French mortgage, it will enable you to keep cash / liquidity in order to seize other investment opportunities.

In certain cases you could reduce exposure to French property taxes - A French mortgage has certain tax advantages (for ISF and rental income). For more information please contact a tax adviser.

We can arrange finance for the purchase up to 6 months (existing property) or 12 months (new build) after the signature at the Notaire’s office.

See https://www.allez-francais.com/finance/mortgages or contact Peter at sales@allez-francais.com to find out more…………

We have partnered with BNP Paribas International Buyers to offer mortgages for numerous projects and purposes: main home, second home or rental properties. With more than 20 years of experience, BNP Paribas International Buyers are dedicated towards assisting its international clients throughout the buying process, from the initial search for the best mortgage solution right up to the payment of the final instalment.

We have also partnered with CAFPI, France’s No 1 mortgage broker. Established now for over 40 years, they have contacts with over 100 lenders to offer the best choice of schemes and rates available. (Some not available to individuals).

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