Buying a property in France now even more affordable

Reductions of between 0.20% and 0.40% across range of mortgage deals

Conti, the overseas mortgage specialist, is offering even lower mortgage rates for people purchasing property in France.

Reductions of between 0.20% and 0.40% across a range of deals mean that buying a French property is now even more affordable. The rates are available through the broker’s specialist arm, Conti France, the only UK-based overseas mortgage broker with direct access to more than 120 French banks.

Clare Nessling, Director at Conti, says: “France still accounts for the biggest number of mortgage enquiries we receive, and that shows no signs of changing. The country has become an increasingly attractive investment option, not least because of low interest rates, easy access from the UK, and good rental yields, but also due to some great property prices because of a slower market, which means that there are many motivated vendors who are willing to accept lower offers.”

The reductions mean that even more deals between 3% and 4% per cent are now available. These join the existing best buy rates of 2.09% and 2.49%, the lowest rates currently available through Conti.

Conti says that the French mortgage market has remained very calm throughout the global downturn, primarily due to its financial system having been more cautious in the past. It currently offers the widest range of finance options and best available rates in Europe for UK buyers, and as it’s in a relatively secure situation, loan to value ratios are still high and it’s quite normal to be able to borrow between 70%-85% of the value of a property.

Current mortgage rates for property in France available through Conti France

Rate Max loan to value Fixed/Variable  Repayment/

 Interest only

Minimum Loan
2.09 % in sterling 50%


Variable (purchase and remortgage)


 Repayment £100,000
2.49% in sterling 70% Variable (purchase and remortgage)  Interest only £100,000
3.05% in euro 80% Variable (purchase and equity release)  Repayment €150,000
3.40% in euro 80% Fixed for 5 yrs (purchase)  Repayment €150,000
3.45% in euro 70% Variable (purchase)  Repayment €50,000
3.55% in  euro 85% Variable (purchase)  Repayment €50,000
3.70% in euro 80% Fixed for 3 years (purchase and remortgage)  Repayment €30,000
3.90% in euro 75% Variable (purchase) Interest-only €100,000

All rates correct as at 27th February 2012. All product specifications will depend on individual circumstances. The table shows a small selection of the deals currently available and should be used as a guide.

Conti France will guide clients through every aspect of the mortgage process, from selecting the best mortgage deal and life insurance cover, to opening a French bank account and liaising with the estate agent and notary on their behalf. Clients will have the assurance of dealing with one bi-lingual advisor from start to finish, making the process as smooth and hassle-free as possible.

People can obtain more information by calling Conti France on 0808 178 3210 or by visiting