Are you looking for the Best French Mortgage, there are many to choose from so it is important to talk to an Independent Mortgage Broker

Read More About Mortgage

Property ownership in France has been a firm favourite with the British for many years. Driven by strong growth rates and good investment yields for the second home owner and investors alike non-resident ownership in France has being growing especially during the past 10 years. Traditional ferry routes improved by cross channel road and rail links, extensive road networks and the ever expanding budget airline flights into an increased number of French airports has made travelling across the channel more accessible and even cheaper.

This proximity to the UK has made French Property one of the most popular choices for Investment Property Buyers. The French property market is extremely diverse and offers much to the potential Investor in Overseas Property. The South of France is a prime example and the airports of Nice and Marseille offer tremendous access to the French Riviera all year round and are serviced by the budget airlines such as Easyjet and Ryanair.

The good news for buyers of Investment Property in France is that there is an abundance of property all over the South of France; a restored Mas, stylish new builds, a pieds-a terre, family villas or even winter sports apartments. Capital appreciation is good and rental yields are strong. The Cote d'Azur is second only to Paris in price, but you don't need a fortune to buy. A good rental yield from an investment property can be achieved with the many tourists and the large quantity of conferences throughout the year especially in Cannes, making the South of France an excellent choice for your Overseas Property Investment.

Unlike the UK, a long history of prudent lending in France (lenders do not allow borrower's total outgoings on finance payments to exceed 1/3 of their total gross monthly income) has meant mortgage finance in France is still readily available and great value. Coupled with an approximate discount of 10% on French property prices compared to a year ago - there is no better time than 2010 to acquire an Investment Property in the South of France.

For second home owners in the South of France and property investors, 2010 is the perfect opportunity to buy into some of the most desirable towns and cities such as Cannes, Nice and Antibes in the South of France. The French banks have not suffered like their UK counterparts, meaning they are more inclined to lend to the Foreign or Non-Resident Property Investor who might not have considered France before. Coupled with some extremely attractive loan rates (2.7% interest only for non-residents plus, the ability to pay down at any time with NO PENALTIES offered by French Mortgage Xpress) France is fast becoming an astute investment for Non-Resident and Foreign Property Investors.
Considerable mortgage product innovation by some leading banks such as Micos Banca and BNP coupled with a diverse range of property available in the South of France that can deliver good solid yields and investment growth is driving the UK property investor to look across the channel. Properties in the South of France remain in the buyers favour, and 2010 could give the Foreign Property Investor a firm foothold within the French property market.

French Mortgage Xpress, an English speaking mortgage broker based near Cannes and Nice in the South of France has helped over 500 International Property Investors and second homeowners secure finance during the past 10 years. French Mortgage Xpress has built it's reputation on an honest, reliable and speedy service. Their relationship with many of the top French banks is superb giving them the opportunity to deliver a simple, speedy and first class service for all your property finance requirements in France.

Article Source: http://depositarticles.com/

Matt Frost, the founder and managing director of French Mortgage Xpress, established the company in 2004 after working within financial services industry in France and realising that there was a demand for an English-speaking brokerage service specialising in loans for non-residents. French Mortgage Xpress soon became a force in French mortgage market, with a reputation for speedy responses and reliable service in a difficult area of French finance. French Mortgage Xpress has now processed more

Please Rate this Article

Not yet Rated

Click the XML Icon Above to Receive Mortgage Articles Via RSS!

Additional Articles From - Home | Finance | Mortgage

Our other websites
All about SEO
Beauty Tips Forum

	Print This Article
	Post Comment
	Add To Favorites
	Email to Friends
	Ezine Ready

Submit Articles
Member Login
Link Us
Submission Guidelines
Ezine Notifications
Article RSS Feeds
Sitemap

New Stuff
About Us
Developer
Good shopping portal
Link to Us
Contact Us
Privacy Policy
Terms of Service