There are many different mortgage options available in France. There are the standard thirty and fifteen year term mortgages and others. One that is recently garnering attention is one that you take out when you are over sixty. It is refereed to as a life time mortgage because you will probably not pay it back in your life time. The loan is then settled up with the sale of your property after your death. Many people do not like these and others think they are a nice option.
“A leading French bank has launched a new fixed interest lifetime mortgage offer, lowering the eligible age limit to 60 years.”
Rory Ramsden is a French property finder and buyer's agent working for high net worth private clients wishing to buy a chateau, manor or vineyard in the south west of France. He has lived in France for 8 years after spending time travelling the world on business.
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