French Mortgages For Non Residents
Fortier is situated in the heart of the French Riviera and has a significant amount of experience securing high value mortgages via a trusted panel of domestic and international lenders.
Purchase Finance – Non Resident
1m EUR – 10m EUR
RETAIL BANK
Interest only – up to 75% LTV (dry)
Capital Repayment – up to 90% (dry)
CHALLENGER BANK
100% LTV (110% LTV for professional clients)
15% of assets under management
PRIVATE BANK
100% LTV
Interest only – 60%
Partial repayment – 10%
30% of assets under management
South of France
Paris
10m EUR+
PRIVATE BANK
100% LTV
Interest only – 55%
Partial repayment – 10%
35% of assets under management
CHALLENGER BANK
50% LTV
Interest only
No AUM
UHNW client with a clear repayment strategy
Refinance & Equity Release – Non Resident
1m EUR – 10m EUR
Interest only – up to 70% LTV (dry)
Capital repayment – 100% LTV
20-30% assets under management
10m EUR +
Interest only – up to 60% (dry)
Capital repayment – 100%
30-35% assets under management
Alps
Bridging & Development
Provence
Navigating around domestic and international lenders for property professionals can be a time consuming and potentially costly mistake.
Fortier has an extensive network of lenders and experience to provide the best possible solutions.
Every application is case by case.
Rates can vary from 5% to 10% per annum.
Typical lending locations include Paris, Alps, South of France & Provence.
International lenders might require a second charge on another UK/European asset.
Key Consideration for Purchasing Property in France
- Budgeting & mortgage pre-approval – save time and money.
- Notaire – legal process in France.
- Reputable property agent.
- International tax specialist – property wealth tax and annual accounting.
- International insurance.
- Architect & planning permission(s).
- Foreign exchange – spot, limit and forward rates.
