Vous approchez de la retraite mais vous êtes inquiet pour votre avenir ? Pouvez-vous vous permettre de vivre la vie que vous méritez après toutes ces années de dur labeur ? Vous aspirez à l'aventure, aux expériences des voyages à l'étranger ou à un nouveau véhicule pour rendre vos trajets quotidiens moins stressants ? Quelles que soient vos ambitions, un pouvoir d'achat supplémentaire peut vous aider à mener une vie plus épanouie.
- Minimum Property Purchase price - 1 000 000€
- Loan to values for non-residents range between 50% - 85%
- Loan term of up to 25 years
The Advantages of Interest-Only Mortgages
- An interest-only mortgage allows borrowers to make monthly payments that solely cover the interest charges for a specific period, typically the initial years of the mortgage term.
- The key advantage of an interest-only mortgage is the flexibility it provides, as monthly payments are lower compared to a capital repayment mortgage during the interest-only period.
- This flexibility can be beneficial for those with short-term financial goals, such as maximizing cash flow or allocating funds for other investments.
Financial Flexibility and Peace of Mind
- Interest-only mortgages offer financial flexibility, allowing borrowers to allocate funds towards other investments or financial priorities.
- By paying only the interest charges, you have greater control over your finances and the option to make additional principal payments when it suits you.
- However, it’s important to note that during the interest-only period, the outstanding balance of the loan remains unchanged, so having a solid plan for repaying the principal amount is crucial.
Tailoring the Mortgage Term to Your Preferences
- Interest-only mortgages come in various term lengths, giving you the opportunity to select a term that aligns with your financial objectives and preferences.
- Shorter-term options provide the flexibility of lower monthly payments during the interest-only period but require a plan for repaying the principal amount sooner.
- Longer-term options offer extended interest-only periods, providing greater flexibility for managing your finances and potentially allowing for more time to plan for principal repayment.
Whether you’re a first-time home-buyer or considering refinancing, Harrison Brook Mortgages is committed to providing exceptional service and expertise throughout your home financing journey. Our team of professionals is here to guide you, address your concerns, and ensure that you have a smooth and successful experience. Contact us today to explore the benefits of an interest-only mortgage and take the next steps towards achieving your financial goals.
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Are you approaching retirement but worried about the future? Can you afford to live the life that you deserve after all those years of hard work? Do you yearn for adventure, the experiences of foreign travel or hanker after a new vehicle to make your daily journeys less stressful? Whatever your ambitions, additional purchasing power can help you lead a more fulfilled life.
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!