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The time is ripe for investing in French property, according to World First, leading international exchange dealers, economic watchdog and forecasters.
“The summer of 2013 is shaping up to be an opportune moment for international investors in France to finance their purchase with a euro mortgage, according to the mortgage brokers, International Private Finance (IPF).”
“The European Central Bank announced that its benchmark rate would be cut by 0.25% at the start of May,” explains Simon Smallwood from IPF. “This has had the effect of exerting downward pressure on Euribor rates, to which the majority of French mortgages are tied.”
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