100% French Mortgages

Whether you have already found a property, or are simply wishing to obtain a decision in principle and find out more about French Mortgages while you continue your search for a property, French Mortgage Direct are here to help.

With over 9 years experience in the French banking system, specialising mainly in lending, French Mortgage Direct strive to offer you a professional service free of charge.

We can provide a selection of mortgage products including interest only mortgages, capped rate mortgages, fixed rate mortgages and variable rate for all French property including leaseback property.

Our panel of lenders are made up of reputable French lenders with an established presence throughout France. We are in regular contact with them, helping us to bring the latest products to the overseas market.

Our experience enables us to offer you a professional and cost effective service, helping you find the most suitable mortgage for your needs.
 

Typical mortgages available for leaseback properties include:

Highest Possible LTV : 100 - 110%
Available on leaseback or traditional property purchases, this mortgage will cover 100% of your property price (and furniture for leaseback purchases) as well as notary fees.

A duration of up to 20 years is available at a typical rate of 3.45%.

The mortgage is a repayment mortgage and functions with a life savings account to which you must transfer 20% of the property price for the duration of the mortgage. If you are purchasing leaseback property, then an initial 5% needs to be deposited and then a further 15% once you have received the VAT rebate. If you are not purchasing leaseback then you must place 20% of the price into the contract from the beginning. The funds are then invested into a Euro fund expected to earn in the region of 3.5% - 4%. Once the mortgage is paid off you are free to withdraw all the funds from the life savings account.

Leaseback Deals
As well as the 100% mortgages, we have various other mortgages available for leaseback purchases including:

- 70% LTV mortgages where you can keep the VAT once it is reimbursed (available as variable or capped rates)

- 80% mortgages which cover the VAT Inclusive property price, furniture and notary fees.

- Fixed rate mortgages in certain cases

All of the above are also available for traditional purchase.

First Step:

If you would like to find out if you qualify for a French mortgage and to see how much you can borrow and at what rates, please complete our online decision in principle form. This is a free no obligation service. These details will be passed to our mortgage partners at French Mortgage Direct.

If you have already found a property to purchase in France, please complete the form with the property details as well.

The information you provide us will be used to ascertain which would be the best suited mortgage products for you, and we will provide you with a selection of quotes from our panel of lenders including details of approximate monthly repayments.

Please ensure that the information with which you provide us is as complete and accurate as possible. A mortgage application will require documentary evidence of the information provided before a final decision by the lender can be reached.

Please be sure to include your full contact details so that we may contact you should we require any additional information, as well as your email address so that we may send you your quotes!

We aim to respond to all requests for a Decision in Principle within two working days, however, complicated applications may take longer.

Click here to start the process >> French Mortgage