Showing posts from tagged with: french mortgages

Low French Mortgage Fees

Posted by WebMaster in mortgages in france | 0 comments

05.10.14

As well as the cost of registering the mortgage on a property (this is part of the legal fees), the only other fee for arranging a mortgage is the bank application fee which is usually set at 1% of the mortgage amount. This means that there are low french mortgage fees.

Low French Mortgage Fees

Because of how many clients we refer to them, one of the major French mortgage lenders will accept to cap this application fee to a maximum of 1,500€. This is definitely an important saving for mortgages of more than 150,000€. You can also request that this fee is spread over the next 12 or 24 months, at no additional cost.

For more information call us on +33(0)6 62 92 88 95 or email us at info@spectrum-mortgages.com

Good news for mortgage applicants!

Posted by WebMaster in mortgage applicants france, mortgages in france | 0 comments

10.09.14

Mortgage Applicants in France

Now that the summer holidays in France have drawn to a close, we are all faced with getting back to the nitty gritty of life.  For those who may be considering taking out a mortgage in the near future, things are looking very good indeed for mortgage applicants in France.

Great Capped Variable Interest Rates

We are now at the bottom of the interest rate cycle and one of the major French mortgage lenders is currently offering great capped variable interest rates.  Capping the rate is an excellent way to prevent high exposure to interest rate increases.  With low rates starting at just 2.65%, this lender can offer a cap of either +1% / +1.5% or +2% for the first period of the mortgage.  The total repayment duration can go up to 25 years and it is possible to borrow as much as 85% of the purchase price!

There are also other advantages to this product: no early redemption fees at anytime, capped application fees, etc… so please contact us for a detailed and personalised quote.

For more information call us on +33(0)6 62 92 88 95 or email us at info@spectrum-mortgages.com