If you are looking to purchase a second home or make a property investments in France or Spain Clarity can help. With Euro base rates at much lower levels than in the UK, and property values increasing, overseas investment is both a serious and acheivable option. Click here for our 1 minute enquiry form for a personal quotation.
France
We have a number of years of experience in the French property market, and have direct relationships with leading French lenders. Our service package includes:
- Guidence on how to purchase a property in France.
- Introduction to an English-Speaking Notaire.
- Mortgage, Re-Mortgage, New Build, Renovation solutions.
- Euro Loans - Fixed & capped rates available, repayments from French bank account.
- Up to 85% LTV: terms from 7-25 years available*.
- Buy-to-Let mortgages available.
French Mortgage Example Fixed Rate Euro Loan - April 2007
4.90%
Fixed for 1st
Year |
FIXED |
Euribor 12 1.60%
for remainder of the loan |
up to
80% |
Minimum Loan €75,000
Arrangement Fee 1%
3% Early redemption fee for loan
duration |
|
*Please Note: Your overall financial commitments (e.g. existing loans and other outgoings, including your new mortgage should not exceed approximately one third of your gross regular income.
Spain
Spanish loans are available for residential mortgages, re-mortgages and self-build. We are able to offer loans in both Euro & Sterling. Mortgage options include:
- Up to 70% LTV, terms up to 20 years.
- Interest only and repayment options.
- Euro & Sterling loans with fixed and discounted rates available.
- Introduction to English Speaking Notary.
Spanish Mortgage Example Fixed Rate Euro Loan - April 2007
4.68%
Fixed for 2 years
Year |
FIXED |
Prevailing offer at
the end of the fixed period |
75% |
Minimum Loan €75,000
Term 20 years
Arrangement Fee €1000, Valuation €510
1% Early redemption fee for first 3 years of the loan
|
|
*Please Note: Spanish mortgage applications are assessed on individual affordability. When calculating affordability, consideration is given to customers 'Net Disposable Income' (NDI), being net monthly income less long term commitments.