In France, mortgages are similar to those you might be used to back home but they do have some important differences.
Firstly, you can opt for a fixed or variable rate for the whole of the mortgage's term. Certainly the variable rate may be a fraction lower but as we all know interest rates go up and down over time and a 25 year mortgage with a fixed rate at 4,5% may well be a better investment than a mortgage with a current variable rate of around 3.5% but which might rise appreciably over the next 25 years.

Secondly, a French mortgage is granted on the security of your income, with a guarantee taken out on the property you are buying. This makes it much easier for you to borrow for DIY restoration projects because in these circumstances the lender will be more interested in your ability to repay the loan from your income. It also makes it much easier to finance restoration projects, property extensions, property conversions and swimming pools to name just a few of the projects we arrange finance for.

Thirdly, because a mortgage can be granted on the basis of your home country income there need be no restrictions on how you use the property so if you plan on offering your French home for holiday rental or even on a "buy to let" basis you should encounter no difficulties.

Finally it is a French legal requirement that all mortgages are protected by a mortgage protection policy and CAFPI's insurance specialists will help you arrange the best policy for your individual circumstances.

CAFPI have dedicated teams specialising in mortgages for home and second home purchase, purchase for investment and for the purchase and leaseback of property. Our job is to find the best mortgage for you.