What types of French mortgage exist?

Purchasing a property in France is a life-changing decision, whether it’s for the food, the climate or having an asset in euros, the French property market has always been attractive for International buyers. However, it can also be full of surprises and worries, not least when it comes to arranging and securing a mortgage which so many types of French mortgage available. To make the purchase as smooth and hassle-free as possible, it’s important to get started early. At HB Property, we can help you get the ball rolling on your French mortgage. We work with clients purchasing a range of properties all over France and can advise on the right mortgage options for you. Here is our guide on the main types of French mortgage we help our clients obtain:

Types of French mortgage:

  • Second home/holiday property

Having a holiday home in France is a dream for many people. You can come and go as you please, safe in the knowledge that your little piece of France will always be there. Securing the right mortgage is key, so talking to our property experts who will be able to advise you on all the requirements and things you need to know when owning a property in France.

  • Investment property

Many people looking for property in France choose to invest in a rental property before making the big move. Purchasing a rental property in the current market gives you a foothold on the property ladder at a time when interest rates are still low and can potentially offer great returns. But it is important to make sure you are buying in the right place as rental markets differ considerably across the French Riviera and even more so across France. So please do not hesitate to contact us for buying advice.

  • Refinancing your mortgage

Another way to take advantage of the current low-interest rates is to refinance your existing mortgage. The savings that can be made with a more competitive interest rate are huge, usually, people tend to keep the same monthly payment but considerably reduce the duration of the loan. Do not hesitate to contact us if you would like us to look at the potential savings that could be made on your current mortgage.

  • Main home mortgage

If you are already living in France and are a French tax resident then we have all the banking partners in place to help you get the best deal on your property purchase here in France. The language barriers can often cause issues when trying to obtain a loan but our bilingual staff will help source a loan for you.

Whatever you’re looking for, we can help, our experienced team has over 15 years experience in French banking and loans for International clients. Our clients find it very reassuring to have the first initial contact to get an idea of the feasibility of what they are looking to do, based on their own personal situation and the property purchase price. Ensuring they fully understand the types of French mortgage available is crucial. 

So please do not hesitate to get in touch with our professional team at HB Property for expert guidance and help in obtaining a mortgage here in French.