French Mortgages

French Mortgage Service

Our specialist mortgage brokers constantly strive to offer the most complete selection of mortgage products available throughout France and Europe for non-french and overseas residents.

Our financial partners specialise in sourcing mortgage providers, re-mortgaging, equity release and commercial loans means for our many clients and investors. They have offices in the UK and France, including one on the French Riviera, one in Montpellier and another in Burgundy. There are endless possibilities and circumstances that come with each client; advice should always be valuable but we believe that only when your specific situation is discussed can you receive the most valuable advice for you.

Our specialist partners are able to offer you access to leading providers of international mortgages with the ability to deal with clients from all corners of the globe. Whether it’s help with raising finance or advice on how to minimise your exposure to tax whilst maximising your return, we are able to use our connections to provide you with a bespoke package to enable you to buy your dream home in France.

Application Assessment

French lenders must assess how affordable it is for you to take on a French mortgage due to French consumer law. This is done by comparing your outgoings (mortgages, loans, credit cards, child maintenance, rent etc.) to your income. Under normal circumstances, providing your income out ways your outgoings (including the cost of the applied for mortgage) by 35%, your application should be successful. It is important to note however that each French mortgage lender will assess an application differently based on for ever changing lending policies and it is impossible to predict the outcome of any application.

Mortgage Application Timeframe

As with any mortgage, a large amount of documentation is required to process an application. Providing all the required documents are supplied in a timely fashion and the application is filled out fully, a mortgage offer will usually be made within 3 - 4 weeks. Interestingly, one cannot accept a loan offer until the set cooling off period has expired, the banks want buyers to really think about their decision before accepting the mortgage offer.

Life Insurance

Life Insurance must be taken out to cover 99.9% of French mortgages. Standard French procedure is to arrange this cover at the same time as the mortgage and many lenders will only accept application if this is the case. You don't have to use the lenders loan insurance, apply for a mortgage insurance quote here.

To discuss your requirements about a French mortgage or other financial needs please fill out the form on this page.

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