Never been a better time to buy a house in France
The cost of French mortgages has fallen to a new all-time low, according to brokers.
Some banks are offering British buyers a rate of 3.1pc on a 20-year repayment mortgage, down from 3.75pc a year ago.
Coupled with this some deals only require a 20pc deposit.
These are now officially the lowest rates for French mortgages in this century and even the last century.
There is more good news as house prices in Brittany are at rock bottom. We still haven’t climbed out of the recession and confidence is low and consequently people just aren’t moving. Those desperate to sell are selling at ridiculously cheap prices because it is such a buyers market.
So, if you are thinking about buying a second home in Brittany… now is an excellent time to snap up a bargain!
See pour web page for our free advice !
http://www.frenchgites.com/Tourism%20Brittany%20House%20buying.htm
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