Overseas property market experts are anticipating heightened interest in French properties following recent the policy changes introduced by the country's finance lenders.
In the past buyers from the United Kingdom and Ireland could only expect to offered a maximum loan-to-value (LTV) of between 80 and 85 percent, however this figure has now risen to 90 per cent in recent times.
This development means that British property investors looking to buy a holiday home, apartment, leaseback property or retirement home will only be required to front up with a deposit of 10 percent of the property value.
Commenting on the recent figures, overseas mortgage manager for Assetz Finance Katy Hepworth says: "This is a long-awaited improvement in French borrowing, and with rates currently starting at 4.45 per cent and mortgage terms of up to 30 years available, these 90 per cent LTV mortgages are extremely affordable."
The comments come soon after the holiday group First Choice reported that skiing holidays in France remain highly popular with Britons, prompting Overseas Property experts to advise that investment in holiday rental accommodation surrounding the leading resorts is still financially beneficial.
Overseas Property Centres recently began featuring apartments in the Alpes Cote d'Azur & villas in Languedoc regions of France on the back of resurgent interest in French property. OPC state interest in French property will remain strong due to Frances exceptional climate and lifestyle, and the new trends in LTV will only enhance a resurgent interest in all French property.
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