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Home » Archive

Articles Archive for May 2013

French News »

What does a Notary do for a French Mortgage?
[27 May 2013 | No Comment | ]

The notary represents neither the seller nor the buyer and is responsible for all conveyance work; the processing of paperwork associated with the buying and selling of property and transferring the deeds of ownership. One of the main tasks of the notary is to ensure that all sales taxes associated with the property are paid to the French Government on a sale.
Specifically the responsibilities include: checking that the land is registered at the land registry, checking the identity of the buyer and seller, checking that the property details as described …

French News »

What is a The Compromis de Vente?
[26 May 2013 | No Comment | ]

The Compromis de Vente is the first formal and legally binding stage in the process of buying a property in France. It is a written ‘contract of sale agreement’ which legally binds together the seller and purchaser. The agreement can be drafted by the estate agent handling your sale or by the Notaire. A Compromis prepared by the estate agent will need to satisfy the Notaire of it’s legal validity – you may ask the Notaire or other adviser if you feel uncertain about the draft. The format may vary …

French News »

Five Tips for Improving Your Chances of Success when Applying for a French Mortgage
[25 May 2013 | No Comment | ]

Five Tips for Improving Your Chances of Success when Applying for a French Mortgage.
French Mortgage Xpress, over the last seven years have processed more than 500 French Mortgages. It quickly becomes clear that some applications will fly through the approval procedure with almost 100% chance of success; while others are doomed to languish in “mortgage purgatory,” for what can seem like an eternity.
Matt Frost of French Mortgage Xpress tells us what makes the difference between a French Mortgage application that shines and one that smells less than sweet.
1. Be Thorough. …

French News »

Superyacht Crew Mortgage 2.35%
[24 May 2013 | No Comment | ]

Amazing new French mortgage rates for Superyacht Crew

No Income Tax Returns……but a stable income within the yachting industry?

French News »

Best buys on French mortgages drop to 3pc
[23 May 2013 | No Comment | ]

Telegraph Money says: With mortgage rates for buyers of French property so low, it is bound to draw in buyers, especially the vast areas of sparsely populated France where prices are fraction of those you’d be more likely to find in the UK. But is it wise to buy?
The value of a market can be estimated by matching property prices against salaries and – as you would with a business – the earning potential of homes. Then plot these against the historical norms.
On these measures, French property is the most …

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