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new blog page 159

Monday, 5 November, 2018
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French mortgage interest rates have come down for non- resident French mortgages .   These schemes fall within the Charles Hamer no-broker- fee service
 
Repayment mortgages ( minimum mortgage amount 100 000E, loan to Value 85% of the purchase price)
Today’s rate  1.75%  ( APRC 2.85%)variable rate +1% cap(in the first 7 years) previously 1.85%
Today’s rate  2.05% (  APRC 2.87%) a reduction 0f 0.05%,based on a fixed rate, previously 2.10%

Pure Interest only mortgages ( minimum mortgage amount 200 000E, loan to value 75% of the purchase price)
Today’s rate 2.20% (APRC 3.08%) variable rate, previously 2.30% 
Today’s rate 2.30% (APRC 3.02%)variable rate +1% cap(in first 7 years), previously 2.40%
 
NOTES
 
The annual percentage interest rate calculation( APRC) is based on the following parameters
-a mortgage amount of 200 000 E
- a mortgage term of 10 years
-  estimated costs charged by the French solicitor ( notaire) , the bank arrangement fee ,the  life assurance cost based on the French bank’s own standard block policy.  
Mortgage illustrations based on your own requirements are available on line - please go to our French mortgage calculator page, the link :
http://www.charleshamer.co.uk/calculator.aspx.   
 
 
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