We sat down with our international team to discuss the best mortgage products available to those looking to purchase property in the City of Lights.
Retail Banking Mortgage:
- 85% LTV
- Capital Repayment (Capital and Interest)
- 2% Interest Rate/ year
- Up to 25 years fixed rate
- Up to €3million
- €1,500 bank arrangement fee
- 75% LTV
- Interest Only
- 2.2% Interest Rate/ year
- Up to 14 years fixed rate
- Up to €3million
- 1,500 bank arrangement fee
Private Banking Mortgage:
- 100% Gross LTV
- 20% AUM
- 1.2% Interest Rate variable / 1.80% fixed
- Bank arrangement fee is half the percentage of the loan
- €500,000 minimum
(Ideal for American Nationals)
Cheapest Mortgage:
- 1.5% Fixed or Variable Rate
- 40%-50% AUM
- €2million minimum
Bridging Mortgage:
- 0.7%/ Month
- 65% LTV
- €500K minimum
- Roll up fees + interest (Pay when you pay off the mortgage)
- Fixed rate over 3 years
Property Developers Mortgage:
- 80% of the project cost
- 2.5% Variable Rate
- No Maximum Loan
- Roll up all fees and interest
- Up to 3 Years (and discretionary 1 year extension)
For further information on these products, or to speak to one of our brokers about your requirements, please get in touch on +44 (0)203 758 9393 or email [email protected]
