Every month over thirty thousand Britons search for property in France. Here at the Newsdesk, you'll find plenty of property for sale in France along with news and informatin to help you buy property in France, old property, new property, leaseback property and cheap property to renovate. The newsdesk is updated regularly with tips and advice that will prove invaluable to buyers looking to relocate to france, or those buying a holiday home in France

Tuesday, April 12, 2005

FRENCH MORTGAGE NEWS

To help buyers looking for that dream home in France, Offshoreonline.ORG, expatriate and euro mortgage specialists, has announced the launch of a new range of mortgage products offering both increased flexibility and lower interest rates.

This new range of French euro mortgages provides options for those clients who are looking to buy and refurbish a property and who may currently fall foul of strict French bank affordability criteria. Tim Harvey, managing director, Offshoreonline.ORG says: "Affordability is still an area that comes as something of a shock to buyers used to the UK market where the 100% mortgage and large salary multiplier are the norm. In France, lenders have to ensure that a client’s borrowings and liabilities do not exceed around 35% of net income."

Offshoreonline.ORG can now negotiate new interest-only products on the basis of a 20% deposit, with the interest-only period running up to 15 years. Capital repayments during this period are free of any penalty, giving this product an exceptional level of flexibility. With an increased deposit of 30%, Offshoreonline.ORG can also offer clients new lower variable rate repayment products starting at an interest rate of just 2.95%, with the margin over Euribor, the European Central Bank reference rate fixed for the duration of the loan. These new lower variable rate repayment products are a low cost and flexible offer for clients wanting a capital and interest repayment structure.

Offshoreonline.ORG is also testing a new revolving credit product that will appeal to clients who may be refurbishing a property. Capital repayments made in year one are added up to create a revolving credit reserve, which clients can redraw subsequently for home improvements and general living expenses.

Finally, new variable rate repayments are now available with a 30-year repayment term, which will be of interest to buyers who want to spread repayments over a longer term and so be able to meet strict French bank affordability criteria.

For information on this new range of French euro mortgages, email or visit Offshoreonline

Source Newskys

12 Comments:

Blogger De Post Man said...

Nice post. I also have a site talking about credit related issues http://mortgage.27days27gurus.com/ . Take a look if you have time. credit services

10:36 AM

 
Blogger De Post Man said...

Nice post. I also have a site talking about credit related issues http://mortgage.27days27gurus.com/ . Take a look if you have time. mortgage payment

2:27 PM

 
Blogger TexasDude said...

Online Greeting Card Free For Kid

9:42 PM

 
Blogger HFUNDATION said...

For the first time today I took some time to look for infomation and related pages to this very topic. I also have a site related to this and I sometimes search in the blogs, looking for new article ideas. Today it was a joy to come across a real interesting post that you made. Thanks for this great blog blackrock mutual funds

3:03 PM

 
Blogger HFUNDATION said...

For the first time today I took some time to look for infomation and related pages to this very topic. I also have a site related to this and I sometimes search in the blogs, looking for new article ideas. Today it was a joy to come across a real interesting post that you made. Thanks for this great blog met life retirement plan

3:18 PM

 
Blogger Mortgage Tip said...

Hey, you have a great blog here! I'm definitely going to bookmark you!

I have a **Free mortgage advice** site/blog. It pretty much covers ##Home Mortgage advice## related stuff.

Come and check it out if you get time :-)

6:54 AM

 
Blogger Mortgage Tip said...

Hey, you have a great blog here! I'm definitely going to bookmark you!
I have a **bad credit loans** site/blog. It pretty much covers ##Mortgage loan advice## related stuff.
Come and check it out if you get time :-)

8:34 AM

 
Blogger Boca Expert said...

Click any link for expert advice about home . Click here for current Boca Raton Listings or Boca Raton Culture or Boca Golf or a list of Hospitals in Boca or Recreation Areas in Boca or Houses of Worship or Boca Condos. And right now Boca Raton sellers can get an appraisal-style analysis FREE when they click thru for expert advice about home.

6:29 AM

 
Blogger walterhuron07742602 said...

I read over your blog, and i found it inquisitive, you may find My Blog interesting. My blog is just about my day to day life, as a park ranger. So please Click Here To Read My Blog

http://www.juicyfruiter.blogspot.com

4:59 AM

 
Blogger davidfisher45074199 said...

Do you want free porn? Contact my AIM SN 'p1nkn3ss' just say 'give me some pics now!'.

No age verification required, totally free! Just send an instant message to AIM screen name "p1nkn3ss".

Any message you send is fine!

AIM abuse can be reported here.

11:01 AM

 
Blogger ca6wkrn47tncu said...

Get any Desired College Degree, In less then 2 weeks.

Call this number now 24 hours a day 7 days a week (413) 208-3069

Get these Degrees NOW!!!

"BA", "BSc", "MA", "MSc", "MBA", "PHD",

Get everything within 2 weeks.
100% verifiable, this is a real deal

Act now you owe it to your future.

(413) 208-3069 call now 24 hours a day, 7 days a week.

8:42 PM

 
Blogger Dream Builder said...

Hi there you have a great blog. I will be sure to come back again. I have a website that deals with south carolina real estate. When you have a chance please check it out. Please visit south carolina real estate
Thanks,

Don

12:51 AM

 

Post a Comment

<< Home