Financing your new home in France
Whether you are buying a holiday house, a permanent home, or an investment property here in France, it may be useful to find out about French based mortgage providers. While you will know about finance facilities in your own country, domestic mortgages which have become more flexible in recent years, and rates are extremely competitive.
One of the major providers offering a very good service is BNP Paribas, one of France’s largest banks. They have an International Buyers division - which is now Europe’s leading lender to international buyers of French residential properties. They offer mortgage financing, loan refinancing, equity release and post purchase financing. Their advisers can offer their services in English, French, Dutch and Italian. They will help and explain the products and services on offer a’ in principle’ decision on a loan.
When buying property in France, you will usually need to exchange your currency into euros to purchase your property. There are a number of ways that you can do this, either through your local bank or through a currency exchange specialist.
Smart Currency Exchange are a currency specialist focussed on helping private individuals to buy property overseas. They can provide guidance on your currency transfers, helping you to buy euros at the right time, and will offer you exchange rates that are up to 4% better than your bank.
Click here to get a free quote and find out how much you could save.
For those coming over to France to retire, we can put you in touch with professional pension advisers. They will be able to explain the implications of moving, the options available to you for your pension fund - and how this may be utilised to help you in your property purchase.