People seeking to buy a home in France can now get a Euro mortgage for French residential property with a variable rate of 1.95 per cent at up to 80 per cent loan-to-value from the overseas mortgage specialists, Conti.
The French property market, one of the most stable in Europe, accounts for the largest number of mortgage enquiries received at Conti.
Clare Nessling, operations director at Conti, said: “According to our records, this is the lowest rate we’ve offered for property in France. The country has become an increasingly attractive investment option, not least because of very low interest rates and easy access from the UK, but also due to the falling value of the euro and lower property prices, with many sellers dropping their prices to levels we’ve not seen for several years.”
