Interest in French mortgages to grow as confidence in French economy restored
If you need any more persuading that investing in a French mortgage is a sound investment, the news that business conditions in France have dramatically improved should be enough to convince you.
According to the Markit Eurozone Manufacturing PMI (purchasing managers’index), the index rose from 49.3 to 50.7 in September which is the first improvement in business conditions since May of last year. This index is based on measures of output, order, employment, inventories and supplier performance and so is a good indicator of a country’s economic development as a whole.
French mortgages and promising economic growth
This should be reassuring news to those looking to invest in a property in France. With the economy in full recovery, France’s property market will also start to increase, pushing up demand for houses and invariably house prices too.
Now is therefore the time to buy a property in France. With its stabilising economy, a house in France is a sound investment and one that is likely to bring a good return when you come to sell it. However as confidence in the French property market returns, property buyers may find it harder to find a bargain over the next few months as British expats looking for a property abroad look to France for their overseas mortgage.
Now is the time to invest in French mortgages
If you are considering a mortgage in France, this should be the news you need to get you started as you finding the best French mortgage rate will be much easier to find when you have a range of bargain properties to choose from.
For the best French mortgage deals, choose Conti
For French mortgage help and advice, the overseas mortgage experts at Conti can help you. Our friendly team of advisers is waiting to answer any queries you may have.
With a wide range of French mortgages to choose from, why not give Conti a call today?
0800 970 0985