Cash-out remortgage for retired English couple

May 2018 – Mr and Mrs H., aged 67 and 63

County of residence : France

French property location : Paris area

Client requirements :

Adjust monthly payments to retirement income and release equity against primary residence.

Our solution :

  • Consolidation of three existing loans combined with a cash-out facility for €25,000.
  • Loan amount : €210,000
  • 19 year term with a fixed rate of 2.44%
  • Monthly instalments reduced by €2,400