BRIEFING
 
   

There are currently four ways of financing your purchase:

1.) CASH

By far the simplest method, although you might want to consider taking out a mortgage for tax purposes. A good accountant will be able to advise you further.

2.) RE-MORTGAGING YOUR HOME IN THE UK

This method is good if you have enough equity in your home and do not wish to be susceptible to the fluctuation of the exchange rates. You will need to re-mortgage your home with a UK lender and, therefore, your repayments will be in pound sterling.

3.) OBTAINING A FRENCH MORTGAGE

This method is good if you do not wish to re-mortgage your home and are thinking of letting out your property in your absence. The rental income you receive will, of course, be in Euros, making it easier to calculate your mortgage repayments. To obtain a French mortgage, you would need a minimum of 20% deposit, with better rates available to those putting down 30 or 40%.

4.) COMBINING SOME OR ALL OF THE ABOVE METHODS

If you have a cash deposit, or want to re-mortgage your home in the UK for a deposit, and then obtain a French mortgage, that's fine too.

For further information on what services we offer, please go to Our Services.

Other relevant pages include Purchasing and Leaseback Scheme.

   
   
   
         

 
- MGM -
Realisation Oz Conseil