Our expert answer: No, thankfully this isn’t at all true! Some brokers or banks impose these high minimum mortgage amounts because they don’t wish to lend or work on smaller mortgages. It’s a question of profitability so when a mortgage is small banks may ask that you...
Our expert answer: 7 – 8% is a general guide of what fees would be due on an existing properties in France (don’t forget that notary fees are largely made up of taxes). The actual % depends on the price of the property as some of the costs and taxes are set fees or...
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...
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...
An essential requirement in order to obtain a French mortgage, the mortgage life insurance cover you take out with a French mortgage protects the bank and the borrower in case of death and total and permanent incapacity. Since 2010, the Lagarde law allows borrowers to...
The expected launch of the new French government website for British citizens applying for Brexit withdrawal status residency has now been delayed. The new website will now launch on 1st October 2020 instead of 1st July 2020 due to the current sanitary crisis...
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