Anyone seeking a French property as a second home will welcome the news that the mortgage market in the country is looking much healthier then in the UK.
According to Micheal Axelrod, commercial director at overseas mortgage specialist Conti, those seeking mortgages on French property face much better lending prospects than those investing on home shores.
He tells Mortgage Solutions: "It’s sometimes possible for your clients to borrow up to 100 per cent of the value of their overseas property."
Other overseas mortgage markets are also looking up, according to Mr Axelrod, who adds: "In Portugal, it is possible to borrow up to 80 per cent of the value of the property, and the situation is similar in Italy."
Mr Axelrod claims now is also an excellent time for Brits looking to sell their French property, with the current strength of the euro meaning many homes are worth significantly more when converted back to Sterling.
Ramatuelle’s annual jazz festival was recently recommended for anyone hunting for French property in the Var region of the country.
Visit Rightmove Overseas for the best selection of French property. Stop dreaming, start searching!