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| Cash purchase: |
| This is a straight forward option but once you have invested in the property with your cash, it can be difficult to release equity. |
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| Re-mortgage your existing home: |
| This is possible to raise the cash to purchase your French property and one that won’t involve a French bank if your primary home is outside France. However, you may find the interest rates charged by banks at home are higher than interest rates in France. And don’t forget that homes may be repossessed if you do not keep up repayments on your mortgage – so consider carefully if you want to risk your primary home in order to own a holiday/second home. |
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