French mortgage market ‘attractive for International Buyers’
24 May 2012
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The level of finance available for property purchases in France makes the market very attractive to International buyers.
The French banking system has not been hit as hard as those in other countries, because its financial institutions exercised more caution than some of their counterparts elsewhere on the continent.
The French market “currently offers the widest range of finance options and best available rates in Europe for International buyers, and it’s in a relatively secure situation”.
It is also possible to take out a high loan-to-value mortgage on a property in France, with some providers continuing to lend up to 85 per cent of the purchase price.