Lending Policy
BPI products
Why BPI ?

 

BPI finances most types of residential homes, old or new.
Leaseback: up to 80% of the purchase price excluding VAT

Off-plan and others: up to 80% of the purchase price.
Remember -- BPI also finances your renovations!



Your property budget will depend on several factors:
  • How much you can borrow.
  • The period over which you intend to repay your mortgage.
  • Your existing mortgages, loans and other commitments.
Your personal BPI mortgage adviser will help determine how much you can borrow.



We recommend that you keep a certain cash flow to be able to cover the property’s upkeep costs, local taxes, electricity and/or gas bills, and furnishings. To secure a loan in France, it is usually recommended that your overall financial commitments (existing loans and outgoings, including your new BPI mortgage) do not exceed 33% of your gross annual income.
mortgage interest only in France mortgage interest only in France mortgage interest only in France


mortgage rental investment in France mortgage rental investment in France mortgage rental investment in France

Currency : Euro
   
Maximum Loan : Up to 80% of the net price (Excluding VAT) for leaseback properties ; up to 80% of all other acquisitions, VEFA. (Off-plan properties).
   
Minimum Loan Amount : 75,000 Euros.
   
Security Required : First legal charge on the property.
   
Mortgage Term : 5-25 years.
   
Administration Fee : Minimum 1000 Euros or on a case by case basis for mortgages above 500,000 Euros.
   
Property Location : Mainland France and Reunion Island (Indian Ocean)
   
Method of Payment: Monthly direct debit from any bank account in France. Privileged conditions are available for transfers of funds from the UK to France. (Subject to conditions. See below)
leaseback mortgage facilities leaseback mortgage facilities leaseback mortgage facilities


With a rich experience in the expertise in the French real estate market, BPI presents you a wide range of opportunities for rental property investment in France and offers you financing solutions to buy in France.