Come and invest in France thanks to French home loans… With advantages across the board – you can’t lose!
BNP Paribas International Buyers extends its new “2- or 5-year fixed rate” option to its refinancing solutions!
BNP Paribas International Buyers extends its new “2- or 5-year fixed rate” option to its refinancing solutions!
This smart solution combines all the security of a fixed interest rate during the initial years of the loan period (2 or 5 years) with all the flexibility afforded by the option of an adjustable interest rate after the initial period, depending on changes in your personal situation.
In fact, BNP Paribas International Buyers can refinance home loans and personal loans taken out in France, as well as other European countries, since BNP Paribas International Buyers can secure the new mortgage on a French property.
More than just purchasing property, coming to settle or invest in France by taking out a French home loan rather than a loan in their home country is an attractive financial proposition for non-resident investors. Definite financial advantages, possible tax reductions and better asset protection.
A balanced budget:
- Property purchased in France can be used as security, freeing up your assets in the home country. This option means that you can keep your home country assets for a rainy day and turn them into cash quickly and easily;
- Charges for transferring funds are much lower, since only the deposit is transferred to France. In many cases of investment in rental property, the rent coming in covers all or part of the monthly loan repayments, without any need to transfer funds;
- Reduced taxes, since interest paid in France can be offset against rental income when the property is let out. In addition, for customers liable for wealth tax (ISF in France), taking out a home loan in France reduces the net taxable value of the assets that have to be declared;
- Attractive interest rates for British investors, since interest rates in euros are lower than they are in pounds Sterling, and this consistently so for the last five years;
- Sound financial management for British investors, keeping assets (the property) and liabilities (the loan) in the same currency (the euro) is a simple way to protect oneself against negative equity, a risk for anyone who takes out a loan in pounds Sterling in case of a drop in the value of the euro.
Full support during the entire home loan period
- Simplified dialogue, multilingual and multicultural advisers are on hand to provide assistance to you;
- Simpler procedures, financial advisers are available to communicate with the real estate agents and notaries handling your purchase.
Protection for our foreign investors
In fact, consumer protection is very strictly regulated in France, ensuring peace of mind for property purchases in France.
As you can see, BNP Paribas International Buyers does everything possible to reassure and support you through your financing operations and throughout the loan period. So, do not hesitate to contact one of our advisers for all the information you need to manage your property purchases effectively.
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