French Mortgages and Re Mortgages are similar only in name to the UK financing world as the French Mortgage Lenders are governed by strict rules and regulations to ensure that the consumer is far more protected.

For this reason most clients often make numerous mistakes when applying for a mortgage in France leading to them being penalized and turned down by the lender if the application is not correctly presented under French Finance guidelines.

The other major problem is once turned down by a French lender / bank it is then impossible for anyone to re-apply to that lender / bank again even if circumstances have changed.

WHY ARE THE FRENCH BANKS SO STRICT

The banks are regulated by the government in order to protect you the consumer from indiscriminate lending.

Lender / banks who do not comply with the regulations will become totally liable for the mortgage and maybe struck off from lending again.

FACILITIES

• Fixed Rate French Mortgages, being 1, 3, 5 or total term.
  • Please remember that when taking out a fixed mortgage with any FRENCH MORTGAGE LENDER, that you will be liable for a 3% to 5% redemption fee if re mortgaging at a later stage, but once the fixed rate period is over, it should then revert to a ZERO redemption FEE
• Capital & Re payment and Interest Only French Mortgage Programs
• French Mortgages up to 40 years or a maximum of 85 years of age
• French Mortgages up to 115% LTV on purchasesfor French Residence
  • This is for people who pay French Taxes and are resident in France, otherwise the maximum LTV is 85% including immobilier fees bringing the total LTV to 92% LTV
• French Re-Mortgages up to 85% LTV
• French Equity Release Mortgages up to 70% LTV
• Bridging Finance up to 70% LTV
• Land Loans up to 80% LTV plus 100% of the Construction Finance

Please note that Life Insurance is compulsory with all lenders in France who have a French panel of Life Insurance Policies that they will accept which should be done in the UK to protect the home and family

For Independent Financial Advice, its best that you seek this from a regulated French Company who are registeredin FRANCE