French Mortgage Transaction of the Month

Transaction of the month – €328,000 loan for 20 years @ 3.10%

Whilst September’s transaction of the month is quite a simple one – just a 20 year fixed on an average loan amount – the interesting aspect of it is in the value. With rates dropping to new all time lows we were able to secure a fantastic loan for a couple buying their first property abroad in a popular resort in Les Portes du Soleil, Haute Savoie.

With the duration of the loan over 20 years and such a low rate they did not need to factor in rental income in order to afford the property, instead it will just be there ready for whenever they want to use it.