NEWS IN BRIEF
A study by French mortgage bank Crédit Foncier has revealed that property purchases in France are concentrated in six main regions. Île-de-France, Midi-Pyrénées, ProvenceAlpes-Côte d’Azur (PACA), Aquitaine, Rhône-Alpes and Languedoc-Roussillon together accounted for 78% of private rental investments by French buyers in the first half of 2015. Île-deFrance was top with 20.5%, followed by Midi-Pyrénées (15.4%) and PACA (12.2%).
Mortgage broker, International Private Finance, has launched a series of regional French mortgage guides providing information on the mortgage options available for international buyers in different areas of France. The first guide was released in October and covers the Alps, with an overview of the financing options available, mortgage providers to consider and an indication of the rates available. The guides will be published on a monthly basis with the complete set available early 2016. www.internationalprivatefinance.com/ french-mortgages-in-the-alps