December 2014 – French Mortgage Transaction of the Month

News of the current all-time low French mortgage rates is being heard further than just Europe, as is shown by our French mortgage transaction of the month for December. Here a UK expat working in Hong Kong decided to capitalise on the low rates and secure a property next to the beautiful Lac Leman, otherwise known as Lake Geneva.

This location was perfect for them as, in addition to having the lake on their doorstep, they are also 90 minutes drive away from countless ski resorts. They opted for a 70% LTV mortgage of roughly €250,000 on their property securing a rate of 2.90% over 20 years.