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French lending criteria to tighten

Following record numbers of mortgage approvals in France, an increase of 5.4% in 2020 according to the Deputy Director of the Banque de France, the French  authority figure responsible for ensuring financial stability in France (le Haut Conseil de stabilité financiere...

Not heard of the usury rate? That may change soon!

Once again bankers are faced with a headache, this time dictating how much they can charge in terms of mortgage rates. Ever since the European Mortgage Directive came into force a few years ago, French mortgage lenders have been battling between French and European...