News

  • In order to better respond to your demand of benefiting from optimum security at the best price and conditions, BNP PARIBAS International Buyers has created a new product responding to all these needs: the CAPPED rate.
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  • BNP Paribas International Buyers extends its new “2- or 5-year fixed rate” option to its refinancing solutions!
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 Frequently Asked Questions 


1. What are the main differences between a UK mortgage and a French one?

Rates – At present variable rates in France (and throughout the Euro zone) are about 2% cheaper than sterling rates and have been so for the last few years.   Mortgage types – Interest Only is now quite common in the UK but is rare in France, where...
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2. How much can I borrow in France?

Rather than work on an income multiplier, most French lenders calculate financial commitments (loans and rent) including the requested mortgage, as a percentage of stable net pre-tax income (not gross income). As a general rule the ratio should not...
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3. How should I finance my new French home? I know how a UK mortgage works but what are the advantages of a French mortgage?

In many instances acquiring a mortgage is a prime consideration when buying a property in France. You may think that organising your mortgage through your local bank may be the easiest option, but it is definitely worthwhile considering the advantages...
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4. We are planning to buy a property in France and run a gîte business, but we wonder how does a bank decide how much they would lend?

Most lenders providing a dedicated service for non resident buyers in France only grant mortgages for residential properties (main or second homes). These may be used sometimes for holiday lettings but the underwriting is based on sustainable...
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5. How do I pay my mortgage?

The monthly payments of your mortgage will be debited from your French bank account.In addition to your mortgage payments, you may have other costs in France such as utility bills or taxes.  To make your life easier, we have negotiated preferential...
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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.

 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 453 225 976 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): Cardif Assurances