Exclusive mortgage rates for French properties launched

Connect Overseas has launched an exclusive range of new mortgage products in association with Lloyds International designed for the purchase or remortgage of French residential pro


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Wednesday 23rd March 2011

Exclusive mortgage rates for French properties launched
The main features are:

- Rates from 2.09% Variable

- Normal product fees discounted from 1% to 0.85%

- Up to 70% LTV – Minimum loan of £100k

-  Employed and self employed

- Capital raising allowed on remortgage for any purpose

Liz Syms, Managing Director at Connect Overseas, commented:

“At Connect, we are never content to just market ‘off the shelf’ product packages and the result is a great offering for intermediaries whether they are experienced or coming new to providing overseas mortgages.

“The French property market is recovering as the recession begins to lift and their property market is still offering bargains for overseas buyers. This is one of the few products to allow remortgaging for any purpose, which could be very useful for UK residents who wish to leverage value in their overseas property in these difficult times.

"For those clients who are looking to raise capital for refurbishment or simply to get a better rate, then this new suite of products will be very welcome.”

Author:
Millie Dyson Online Editor Online Editor
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