We’ve just had an update for the French mortgages rates with the bank we work with. The last update we received was 6 months ago in January, the rates have been coming down steadily over the last couple of years and these figures are no exception.
The new French mortgage rates we have are:
Standard variable 2.65% to 2.85% Standard variable rates from 2.65% to 3.00% with a +1% cap Fixed rates from 3.10% to 3.90%.Compared to the old rates of:
Standard variable rates in capital repayment from 2,90% to 3,10%
Capped rates in capital repayment from 2,80% to 3,45%
Fixed rates from 3,80% to 4,45%
If you are interested in more information just contact us at Alpine Property and we’ll arrange for a quote.
This might be a good time to mention a couple of the new properties we have for sale. From the “high end”
Chalet Lanos, 1.390.000€, 5 bedrooms and situated between St Gervais and Les Contaimes, click on the image above for more info.
To the more modestly priced:
Apartment Diamant Blanc near the skiing at St Jean d’Aulps, 2 bedrooms and 203.000€
This is the time of year where we experience peak property availability. This is combined with the cheapest time to fly into Geneva too. So if you wondered when the best time to look was- this could be it!