French mortgages with BNP Paribas International
(formerly Abbey France and UCB Mortgage)
Since 1990, BPN Paribas International (via its former companies Abbey France and UCB Mortgage) has acquired a wealth of experience in the French mortgage market and has developed an appropriate range of flexible and competitive mortgages. Both fixed and variable rate mortgages are available. UCB Mortgage is happy to consider mortgages for most types of residential homes, new or old. In certain circumstances, we will also consider lending for renovation works.
Benefits of using BNP Paribas International
- All our staff are bilingual and are more than willing to share their wealth of knowledge about the French purchasing procedure with you.
- All documentation is provided in both French and English including your definitive mortgage offer.
- We can finance up to 85% of your net purchase price (subject to valuation)
- You can minimise your monthly commitments by spreading your repayments over 7 - 30 years if you wish.
- A valuation is carried out on your proposed property, for internal purposes only, which can offer you peace of mind.
- Competitive interest rates.
- You are not obliged to open a bank account with us, if you wish you can pay your mortgage from any bank in France
Outline of main mortgage condition
Mortgage type
- Euro mortgage – interest and capital repayments
Maximum loan amount
- Up to 85% (subject to valuation and depending on your country of residence) of the net purchase price for loans of 75,000€ or more and 80% (see above) for lower amounts
Minimum purchase price
Minimum loan amount
Valuation
- Arranged by BNP Paribas International at no expense to the borrower
Term
Payment method
- Free monthly direct debit from any French bank
Life assurance
- Life assurance is mandatory - arrangements may be made through BNP Paribas International Buyers
Security
- First legal charge on the French property
Purpose of loan
- Residentaial property purchase (main residence, second home, property to be let), construction of a new property, re-mortgage and home improvement loan
Lending area
- Residential in mainland France only
