Please note, that there are no non-status/self-certification mortgage facilities available in France (although renting out your property is permitted), all loans need to be supported by a minimum requirement of proof of income, i.e. if employed - copies of your last three month's payslips & copies of your latest P60/Employer’s Reference together with copies of your last 6 month’s Personal Bank Statements will be required or alternatively if you are self-employed - copies of your last three years Audited Accounts & copies of both your last 12 month's Business and last 6 month’s Personal Bank Statements will be required on application.
Unfortunately in France the French Lenders will NOT take into consideration any proposed Rental Income from the property for mortgage purposes/repayments.
Your loan is based on your joint net “take home” pay and is calculated on an affordability basis. All your existing liabilities including any mortgage/rent payments, personal and bank loans, credit cards (if the balance is not cleared on a monthly basis) and any maintenance – ie: Divorce - payments together with your proposed French mortgage payments must not exceed 35% of your net monthly income.
Example:
Net joint monthly income £ 2,500 times 35% of that figure is £ 875 minus existing monthly mortgage payment £ 300 – No other liabilities. This leaves a balance of £ 575 for a proposed French Mortgage payment.
- Maximum loan to value 90%
- Minimum loan of €50,000, no maximum
- Maximum term of the loan is 25 years
- Loans available in Euros only
- Repayment and interest only mortgages available
- Current interest rates as available from approximately 3.45%
Purchase and re-mortgage flexi draw down loan
Interest only 10 years
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 75 |
Maximum LTV |
80% of PPC or valuation whichever is lower for purchase/ 75% of valuation Re-mortgage and equity release maximum cash out 500k |
Maximum loan size |
N/A |
Maximum term |
25 Years |
Repayment type |
Interest only for up to 10 years for up to first 10 years you can repay and draw back down on loan at any stage. |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% of loan amount minimum fee of 900 |
Interest Rate |
Re-mortgage or equity release1M Euribor + 1.85% |
Rate review |
Monthly |
Income criteria |
Current and new liability against gross income must not exceed; |
Redemption penalty |
0% during interest only phase. |
Cash out Available |
Yes during first phase maximum cash out 500k (revolving line of credit) |
Payment Holiday |
Up to 24 months |
Credit search UK |
Yes |
Property Location |
Mainland France only |
Mortgage title deed tax |
|
Notary and Registry fees |
4 to 5% of loan size |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
0.15% added to margin if life insurance not taken through GE.
Product FR2
Purchase and Re-mortgage incl equity release
Fixed rate
No restriction on number of applicants and/or financial link
All Nationalities covered
Maximum age |
Mortgage must be paid in full by age 75 |
Maximum LTV |
Up to 85% of valuation or PPC whichever is lower for purchase/ 75% re-mortgage and equity release |
Maximum loan size |
N/A |
Maximum term |
25 years |
Repayment type |
Capital and Interest repayment fixed 3 years with option to refix |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% of loan amount minimum fee of 900 |
Interest Rate |
3 year fixed rate Sept LTVs up to 80% 4.65% |
Rate review |
3 years. Term is split into 3 year periods. The interest rate is fixed for the first 3 years, then the borrower has 3 options at the end of the 3rd year:
|
Income criteria |
Current and new liability against gross income must not exceed 38% |
Redemption penalty |
No penalty at end of each 3 year period for up to 30% of outstanding capital. |
Cash out Available |
Yes |
Payment Holiday |
Up to 24 months |
Credit search UK |
Yes |
Property Location |
Mainland France only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan. A loading of 0.15% will be applied if client does not take out GE life insurance.
Please note total costs of purchase and finance will add around 10% (mostly notaire costs) to the purchase price of the property
France |
Maximum Percentage of purchase price subject to valuation |
Maximum Percentage of valuation |
Term |
Max Age |
Bank Fee |
Redemption penalties |
Repayment Basis |
Interest rate |
Product FR1
|
80% |
80% purchase |
25 years |
75 |
1% |
0% during interest only period |
Interest only up to 10 years Rolling credit for up to 10 years |
Monthly Euribor plus 1.85% |
Product FR2 |
85% |
85% purchases
80% purchases 75% |
25 year |
75 |
1% |
0.% at end of 1st 3year fix for up to 30% of outstanding capital 3% or 6m months interest thereafter |
Capital and Interest |
80% ltv 3 Year fix 4.65% 85% ltv 3 year fix Variable 1 month Euribor plus 1.65% Option to refix available |
Product FR3 |
85% |
85% purchase 75% re-finance |
25 |
75 |
1% |
3% or 6 months interest whichever is the lower |
Capital and Interest |
Rates from 1 month Euribor plus 1.40% |
Product FR4 Purchase and re-mortgage |
85% |
85% purchases 80% Purchases 75% re-mortgage |
30 year |
75 |
1% |
0% during interest only phase 3% or 6 months interest thereafter |
Interest only up to 10 years |
Rates from 1 month Euribor plus 1835% |
Product |
80% |
80% |
25 year |
70 |
1% or 900 whichever is the lower |
3% first 5 years |
Capital and Interest |
Fixed rates from 3.8% |
Product |
80% |
80% |
25 year |
70 |
1% or 900 whichever is lower |
3% first 5 years |
Capital and Interest |
Fixed rates from 3.95% |
Product FR7 |
80% |
80% |
20 years |
70 |
1% or 900 whichever is the lower |
3 % with 1 month window between each fixed rate period 0% |
Capital and Interest |
Fixed rates from 4.05% |
Product FR8 Re-finance |
N/A |
85% |
25 years |
70 |
1% or 1.500 whichever is the lower |
3% first 5 years 0% thereafter |
Capital and Interest |
1 year fix then 12 month Euribor plus 1.6% |
Product FR9 re-finance variable |
N/A |
85% |
25 years |
70 |
1% or 1.500 whichever is the lower |
3% first 5 years 0% thereafter |
Capital and Interest |
12 month Euribor plus 1.6% |
Product FR10 |
N/A |
80% |
20 years |
70 |
1% or 1.500 whichever is the lower |
3% first 5 years 0% thereafter |
Interest only full term |
3 month Euribor plus 1.6% |
Product FR11 Equity release |
N/A |
70 |
20 |
70 |
1% or 1.500 whichever is the lower |
3% full term |
Capital and Interest |
1 year fix then 12 month Euribor plus 1.90% |
Product FR12 Equity release variable |
N/A |
70 |
20 |
70 |
1% or 1.500 whichever is the lower |
3% full term |
Capital and Interest |
3 month Euribor plus 1.90% |
Product FR13 Equity release interest only |
N/A |
70 |
20 |
70 |
1% or 1.500 whichever is the lower |
3% first 5 years |
Interest only |
3 month Euribor plus 1.90% |
Product FR14 |
85 |
85 |
25 |
70 |
1% or 1.500 whichever is the lower |
1% first 5 years |
Repayment with first 36 months capital deferred |
Rates from 3 month Euribor plus 1.10% |
Product FR15 |
85 |
85 |
25 |
70 |
1% or 1.500 whichever is the lower |
0% |
Capital and interest |
1 year fix then Rates from 12 month Euribor plus 1.10% |
Product FR16 Purchase Variable |
85 |
85 |
25 |
70 |
1% or 1.500 whichever is the lower |
0% |
Capital and interest |
Rates from 3 month Euribor plus 1.10% |
Product FR17 Purchase full term fix |
85 |
85 |
20 |
70 |
1% or 1.500 whichever is the lower |
3% for lifetime of loan |
Capital and interest |
Fixed rates from 4.90% |
Product FR18 |
85 |
85 |
25 |
70 |
1% or 1.500 whichever is the lower |
1% first 8 years |
Capital and interest |
Fixed rates from 4.45% |
Product FR 19 |
85 |
85 |
25 |
70 |
1% or 1.500 whichever is the lower |
3% first 5 years |
Capital and interest |
Fixed rates from 4.65% |
Product FR20 Purchase Interest only |
80 |
80 |
20 |
70 |
1% or 1.500 whichever is the lower |
0% |
Capital and interest |
Fixed rates from 4.35% then rates from 3 month Euribor plus 1.30% |
Product FR3
Purchase and re-mortgage with equity release
Repayment
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 75 |
Maximum LTV |
Up to 85% of valuation or purchase price which ever is lower purchases/ 75% re-mortgage and equity release |
Maximum loan size |
85% ltv maximum 1m |
Maximum term |
25 years |
Repayment type |
Capital and Interest repayment |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% of loan amount minimum fee of 900 |
Interest Rate |
Loans up to 80% loan amount below 200k first year fix 4.80% the 1m Euribor plus 1.85% Purchase
Loans up to 80% loan amounts 200 to 500k first year fix 4.65% the 1M Euribor plus 1.60% Purchase
Loans up to 80% loan amounts above 500k first year fix 4.45% the 1M Euribor plus 1.40% Purchase
Loans up to 85% loan amounts below 1million first year fix 4.90% then 1M Euribor plus 1.90% Purchase
up to 75% loan top value first year fix 4.90% then 1M Euribor plus 1.9% Re-mortgage and equity release |
Rate review |
12 months introduction rate see monthly sheets, then monthly |
Income criteria |
Current and new liability against gross income must not exceed 38% |
Redemption penalty |
3% of outstanding capital or 6 months interest, whichever is the lower. |
Cash out Available |
Yes maximum 500k |
Payment Holiday |
Up to 24 months |
Credit search UK |
Yes |
Property Location |
Mainland France only |
Mortgage title deed tax |
|
Notary and Registry fees |
4 to 5% |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan. A loading of 0.15% will applied to margin if GE life insurance not taken.
Please note total costs of purchase and finance will add around 10% (mostly notaire costs) to the purchase price of the property.Product FR4
Purchase and re-mortgage Interest only
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 75 |
Maximum LTV |
Up to 85% of PPC or valuation whichever is lower/ 75% re-mortgage |
Maximum loan size |
N/A |
Maximum term |
30 years |
Repayment type |
Interest only up to 10 years |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% minimum 900 |
Interest Rate |
80% loan to value first year fix 5.15% then 1M Euribor plus 1.85% Purchase 85% loan to value first year fix 4.90% the 1M Euribor plus 1.90% Purchase
75% re-mortgage / Equity release First year fix 5.15% then 1M Euribor plus 1.85%
|
Rate review |
12 month introductory rate see sheets then Monthly |
Income criteria |
Current and new liability against gross income must not exceed; |
Redemption penalty |
0% during interest only phase. |
Cash out |
Maximum 500k |
Payment Holiday |
Up to 24 months |
Credit search UK |
Yes |
Property Location |
Mainland France only |
Mortgage title deed tax |
|
Notary and Registry fees |
4 to 5% of loan |
Valuation costs |
Covered by bank |
Buildings insurance |
N/A. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan. A loading of 0.15% will be added to margin if GE life insurance not traken out.
Please note total costs of purchase and finance (mostly notary costs) will add around 10% to to the purchase price of the propertyProduct FR5 Purchase
1 year fixed rate
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 70/ up to age 75 with extra insurance cover |
Maximum LTV |
80% of valuation or purchase price which ever is the lower including estate agency fees. |
Maximum loan size |
N/A |
Maximum term |
25 years |
Repayment type |
Capital and Interest repayment |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% or 900 whichever is the lower |
Fixed Rate |
Varies according to loan size; Loan size: |
Interest Rate |
See above |
Rate review |
Interest rate is fixed for the first 12 months, then 3 monthly review. Bank may extend term rather than pass on increase or decrease term rather than pass on reduction. |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
3% of capital for first 5 years then 0% |
Cash out Available |
Yes for home improvements, purchase of another property or to repay other debts |
Payment Holiday |
No |
Credit search UK |
France only |
Property Location |
Mainland France only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank must be in place for completion. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance will add around 10% (mostly notaire costs) to the purchase price of the property
Product FR6 Purchase
3 year fixed rate
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 70 or up to 75 with extra insurance |
Maximum LTV |
80% of valuation or purchase price which ever is the lower incl estate agent fees |
Maximum loan size |
Subject to borrowing capacity |
Maximum term |
25 years |
Repayment type |
Capital and Interest repayment |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% or 900 whichever is the lower |
Fixed Rate |
Varies according to loan size; Loan size: |
Interest Rate |
See above |
Rate review |
Interest rate is fixed for the first 12 months, then variable based on 12 month Euribor |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
3% of capital for first 5 years then 0% |
Cash out Available |
Yes for home improvements, purchase of another property and existing debt repayment |
Payment Holiday |
No |
Credit search UK |
France only |
Property Location |
Mainland France only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4% TO 5% loan size |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank but must be in place for completion. |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance will add around 10% (mostly notaire costs) to the purchase price of the property
Product FR7 Purchase
ATTENDANCE J 5 year fixed rate Purchase
No restriction on number of applicants and/or financial link
All Nationalities accepted
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
80% of valuation or purchase price which ever is the lower |
Maximum loan size |
Subject to borrowing capacity |
Maximum term |
20 years 4 terms of 5 year fixed |
Repayment type |
Capital and Interest repayment |
Compulsory products |
Life insurance to cover 100% of the amount borrowed for the maximum contractual duration of the loan. |
Bank arrangement fee |
1% or 900 whichever is the lower |
Fixed Rate |
Varies according to loan size; Loan size: |
Interest Rate |
See above |
Rate review |
Interest rate is fixed for the first 5 years, then reset each 5 years per the current 6 month euribor switch rate |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
3% of capital within fixed period. 0% Redemption free payment for one month at end of each 5 year fixed period |
Cash out Available |
No |
Payment Holiday |
No |
Credit search UK |
France only |
Property Location |
Mainland France only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4% to 5% of loan amount |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank must be in place for completion . |
Bank will also require life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance will add around 10% (mostly notaire costs) to the purchase price of the propertyProduct FR8
Re-finance 1 year fixed
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 75.000k |
Maximum term |
7 to 25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
1st 12 months 5.20% followed by 12 month Euribor plus 1.6% |
Rate review |
12 Monthly after fixed rate period |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR9
Re-finance variable
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 75.000 |
Maximum term |
7 to 25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
4.85% first 3 months followed by 3 monthly Euribor plus 1.6% |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR10
Re-finance Interest Only
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 80% of valuation |
Maximum loan size |
Minimum loan 100k |
Maximum term |
7 to 20 Years |
Repayment type |
Interest Only full term |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
4.85% first 3 months followed by 3 monthly Euribor plus 1.6% |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR11
Equity release 1 year fixed
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 70% of valuation |
Maximum loan size |
Minimum loan size 50.000k |
Maximum term |
7 to 20 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
5.50% first 12 months followed by 12 monthly Euribor plus 1.9% |
Rate review |
12 Monthly after initial fixed rate period |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
Yes |
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR12
Equity release Variable
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 70% of valuation |
Maximum loan size |
Minimum loan size 50.000k |
Maximum term |
7 to 20 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
5.15% first 3 months followed by 3 month Euribor plus 1.9% |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
Yes |
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR13
Equity release Interest Only
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 70% of valuation |
Maximum loan size |
Minimum loan 100k |
Maximum term |
7 to 20 Years |
Repayment type |
Interest Only full term |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1500 |
Interest Rate |
5.15% first 3 months followed by 3 monthly Euribor plus 1.9% |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
No limit |
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR14
Purchase construction or reforms (deferred payment)
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 75.000k |
Maximum term |
25 Years |
Repayment type |
Capital and Interest. Capital and or capital and interest payments can be deferred for up to 36 months. |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Up to 85% loan to value - 4.6 % first 3 months followed by 3 month Euribor plus 1.6% for loans below 250k Up to 70% loan to value 4.6% first 3 months followed by 3 month Euribor plus 1.40% for loans below 250k Up to 60% loan to value 4.6% first 3 months followed by Euribor plus 1.30% loans below 250k |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the propertyProduct FR15
Purchase 1 year fixed
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 50.000k |
Maximum term |
25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Up to 60% loan to value - 4.6 first 12 months followed by 12 month Euribor plus 1.30%for loans below 250k Up to 70% loan to value 4.6% 1st 12 months then 12 mth Euribor plus 1.40% loans below 250k Up to 85% loan to value 4.60% 1st 12 months then 12 month Euribor plus 1.60% for loans below 250k |
Rate review |
12 Monthly after fixed rate period |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR16
Purchase variable
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 50.000 |
Maximum term |
25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Up to 60% loan to value - 4.35 first 3 months followed by 3 month Euribor plus 1.30%for loans below 250k Up to 70% loan to value 4.35% 1st 3 months then 3 mth Euribor plus 1.40% loans below 250k Up to 85% loan to value 4.35% 1st 3 months then 3 month Euribor plus 1.60% for loans below 250k |
Rate review |
3 Monthly |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
0% minimum 10% of capital pending |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the propertyProduct FR17
Purchase fixed rate full term
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan 50k |
Maximum term |
20 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
15 years or less |
Rate review |
N/A |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property
Product FR18
Purchase 2 year fixed
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 50.000k |
Maximum term |
25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Up to 60% loan to value - 4.45 first 24 months followed by 3 month Euribor plus 1.30%for loans below 250k Up to 70% loan to value 4.55% 1st 24 months then 3 mth Euribor plus 1.40% loans below 250k Up to 85% loan to value 4.75% 1st 24 months then 3 month Euribor plus 1.60% for loans below 250k |
Rate review |
3 Monthly after fixed rate period |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the propertyProduct FR19
Purchase 5 year fixed
Repayment
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 85% of valuation |
Maximum loan size |
Minimum loan size 50.000k |
Maximum term |
25 Years |
Repayment type |
Capital and Interest |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Up to 60% loan to value - 4.65 first 60 months followed by 3 month Euribor plus 1.30%for loans below 250k Up to 70% loan to value 4.75% 1st 60 months then 3 mth Euribor plus 1.40% loans below 250k Up to 85% loan to value 4.95% 1st 60 months then 3 month Euribor plus 1.60% for loans below 250k |
Rate review |
3 Monthly after fixed rate period |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the propertyProduct FR20
Purchase Interest Only
No restriction on number of applicants and/or financial link
French, UK , Irish and Dutch and Italian clients
Maximum age |
Mortgage must be paid in full by age 70 |
Maximum LTV |
Up to 80% of valuation |
Maximum loan size |
Minimum loan 100k |
Maximum term |
20 Years |
Repayment type |
Interest Only full term |
Compulsory products |
Buildings and Life insurance |
Bank arrangement fee |
1% of loan amount minimum fee of 700 maximum fee 1500 |
Interest Rate |
Fixed rate first 3 years 4.35% all loan to values followed by 60% ltv 3 month Euribor plus 1.30% |
Rate review |
3 Monthly after first 3 years |
Income criteria |
Current and new liability against gross income must not exceed 33% |
Redemption penalty |
. |
Cash out Available |
|
Payment Holiday |
1 mth after first year and 4 other 1 month holidays during term with 12 months inbetween |
Credit search UK |
Experian or Equifax credit files must be supplied |
Property Location |
Mainland France and Corsica only |
Mortgage title deed tax |
N/A |
Notary and Registry fees |
4 to 5% of loan size new build / 6-8% for resales |
Valuation costs |
Covered by bank |
Buildings insurance |
Not offered by bank. |
Bank will also require Euro life insurance to be in place to cover 100% of the amount borrowed for the maximum contractual duration of the loan.
Please note total costs of purchase and finance (mostly notaire costs) will add around 10% to to the purchase price of the property