The new entity, launched this week, is uniquely placed to offer more choice, even better service and the best possible deals to Britons seeking finance for the purchase, or re-mortgage, of a French property. This exclusive route to French mortgages is unavailable elsewhere, and offers even more opportunities for intermediaries looking to maximise the commission they can earn from this lucrative market.
Working closely with more than 120 national and regional French banks, Conti France will search the whole of the French market to find the most competitive terms and best possible rates in the market for intermediaries’ clients. And, with combined experience of more than fifty five years in the French mortgage market, it can offer them the highest level of expertise and knowledge.
This means that intermediaries can save valuable time for themselves and save money for their clients, whilst enjoying some of the best commission earning opportunities available.
Rates currently start from just 1.88%. Each customer case will be negotiated individually with the most suitable bank.
This exclusive partnership brings together two highly experienced teams of advisors, who can guide clients through every aspect of the mortgage process, from selecting the best mortgage deal and life insurance cover, to opening a French bank account and liaising with the estate agent and notary on their behalf. Clients will have the assurance of dealing with one bi-lingual advisor from start to finish, making the process as smooth and hassle-free as possible.
Clare Nessling, Operations Director at Conti, says:
“Conti France brings together two trusted brands which can secure the best possible mortgage terms and offer the highest levels of advice to Britons buying French property. Unlike other overseas brokers in the UK, we’re not tied to a limited number of banks, but can instead search the whole of the French market for the most favourable deals. This launch represents a seismic change in the way French mortgages are delivered to the UK market.”
Kathleen MacKinnon-Helm, Manager, International Dept, CAFPI, says:
“Conti is an established and reputable UK-based force in the world of overseas mortgages, and we’re delighted that this joint venture will strengthen that position in terms of the service and deals it can offer intermediaries who have clients seeking French property finance. It makes perfect sense for us to join forces to ensure the best possible borrowing terms for them, as well as excellent commission.”
According to Conti France, the percentage of British people enquiring about French mortgages has more than tripled over the last two years, and currently accounts for around 45 per cent of quotes issued. It says that the French mortgage market is very stable, largely due to the cautious approach adopted by its financial institutions in the past.
This means that it’s in a strong position to lend, and it’s still possible to borrow up to 100 per cent of the value of a property. The country is extremely attractive to prospective investors, thanks to historically low interest rates and reduced property prices.
