Apply for a Mortgage

One of the key advantages of a French Leaseback property is that the Rental Income is Guaranteed. This means that it's possible to structure a mortgage at a level that is covered by the rental income, and allowing the property to pay for itself.

This no hassle approach is why French Leaseback properties have been popular investments for 40 years. At Somerset Mortgages we deal with all the French banks, and the English banks that operate in France, like Barclays.

Our comprehensive service includes advice and arranging the mortgage quote, without charge. If you decide to accept the quote, we charge an administration fee of £150. This fee is waived if you are also buying a property through either SomersetMortgages.com or FrenchLeaseback.com.

The mortgage adviser will act as central point of contact between you, the bank, the property developer, the foreign exchange dealer and the Notaire. Ensuring the process is as straight forward as possible.

UK v French Mortgage

Although there can be exceptions, for a property in France most clients are better served with a mortgage from a French bank, denominated in Euros.

The reasons for this are firstly that this will avoid any currency fluctuations between the property and the mortgage. Also, a French mortgage will help to reduce exposure to French taxes, such as the wealth tax and income tax. Lastly, the interest rates offered by banks in France tend to be for the term of the mortgage, allowing you to lock in low rates.

If you have any queries, please don't hesitate to contact us on (UK) +44 (0) 207 193 7030.
Email: enquiry@frenchleaseback.com