French Equity Release - Releasing the Equity Capital in your French Home using a French Repayment Euro Mortgage

Repayment French Equity Release Mortgages for International Buyers > contact us now for advice

French Equity Release Repayment Mortgages are designed for someone with surplus income, who may be considering their French tax and inheritance law position over the long term and who would like to Release Equity Capital from their French property to use for other purposes.

In order to qualify for a French Equity Release Mortgage to be repaid on a standard French Repayment Mortgage basis the borrower needs to meet the following bank criteria:

1. The property must be owned outright and not subject to any other French Mortgage.
2. The amount you are proposing to borrow using an Equity Release French Mortgage must be within the bank's standard LTV (loan to Value) Ratio, typically around 80%.
3. The borrowers income must be sufficient to make the monthly repayments of capital and interest without them exceeding the banks standard DTI (Debt to Income) Ratio, typically around 33%.
4. The Equity Release French Mortgage must be repaid by the bank's standard age limit, typically around age 75.
5. The funds released using the French Equity Release Mortgage must be used for "qualifying purposes". This is a fairly elastic term arbitrarily defined by each bank, but specifically excludes the use of the funds released to make the interest and capital repayments of the French Equity Release Mortgage which must come from income.

For many clients seeking to Release Equity Capital from their French Property this form of French Equity Release Mortgage is inappropriate and would likely worsen their underlying financial position.

If you are seeking to augment your income in retirement using a French Equity Release Mortgage, you should be considering either an Interest Only French Equity Release Mortgage or a Viager Sale and not a French Equity Release Repayment Mortgage.

For a free no nonsense discussion as to how our services can help you Release Equity from your French Property contact us here or give us a call on +44 (0)20 7193 7843.