Whether you want to sample the culture of sophisticated Paris, rub shoulders with the stars in Cannes or enjoy la belle vie amongst the vineyards of Provence, moving to France is enough to make the biggest Francophile choke on their moules-frites! That’s where Harrison Brook come in… we really know our oignons!
- Minimum Property Purchase price - 150 000€
- Loan to values for non-residents range between 50% - 85%
- Loan term of up to 25 years
- Minimum levels of income required : 50 000€
This loan is offered in France and Monaco, but is always required to be linked an investment often referred to as Assets Under Management (AUM). Because you are only paying back interest and not capital, the monthly payments are considerably lower, however this can not be the reason to go for an Interest only mortgage. The amount of investment differs from bank to bank but also on the size of the loan. It tends to vary from 30 -50% of the loan amount.
Want to chat to an adviser now? Launch Live Chat
Before looking at purchasing a property in France you might be wondering how much you can borrow in France exactly and what type of budget you will be able to look at.
Applying for a mortgage for the purchase of a property is never easy but when you add in the fact that it is in a foreign country and another language country, it can get very complicated and things can get lost in translation. At HB Mortgages we hold your hand from start to finish throughout the entire purchase process.