T Which French Mortgage ? Form

Instructions and help about T Which French Mortgage ?

[Music] hello my name's Jonah I'm the Joint Managing Director at international Private Finance we specialize in arranging finance for clients looking to purchase a property in France who are non-resident in France and based primarily here in the UK today I'm going to talk to you about how best to improve your chances of success for a French mortgage application the French banks opportunity more conservative than we're used to here in the UK primarily because the property that you're purchasing is in another country to where you're living so immediately they see that as a greater risk and equally French banks are more cautious in the way that they lend and they've always had a very different way of calculating how much someone can borrow so in the UK we're very used to lenders using an income multiple and in France they do it differently and they use a debt to income ratio what that means is they're looking at how much of your income is taken up with your existing finance or any contrac