French Mortgages & Financial Services

The default illustration is set up to represent mortgage advances of 80% and 70% of the purchase price. However, you may wish to increase your cash investment into the project in order to be rewarded with better interest rates. We suggest that you run off the default presentation first and then alter the advance to see what benefit there is.

For a default illustration, (70% and 80% mortgage), please enter:


Cost of renovation	€	Enter 0 or minimum is 7.500 €
Assumed purchase price (Including agents comission)	€	minimum is 20.000 € maximum is 2.000.000 €
Assumed exchange rate 1Ł =	€	Enter the exchange rate you want to use.
Mortgage % of price opt#1	%	Enter your % mortgage of purchase & work you require, maximum is 80%
Mortgage % of price opt#2	%

Generally, the maximum mortgage amount available through most French banks is limited to 80% of the purchase price excluding notaire's fees, (and sometimes the estate agent's commission if paid separately by the buyer). If the property is in good order and the valuer's opinion of the property is positive, this can sometimes be increased to 85% or 90%.

In addition, up to 80% of any intended renovation costs can also be financed by mortgage.

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