Delayed financing transaction for a US couple who had recently bought in the 6th arrondissement in Paris
Mr M. and Mr W. 50 and 47 years old. American nationals from Philadelphia, Pa.
Client requirements :
As they had been looking for a suitable pied à terre for over two years, our clients seized an opportunity to purchase an apartment in the sought-after 6th Arrondissement.
Facing a competitive bidding process, our clients decided to make a cash offer. The property was purchased rapidly with funds originating from a margin loan secured on a US investment portfolio
Mr M. and Mr W. approached Bluesky Finance to explore options to arrange a euro denominated mortgage secured on the Paris apartment. Our clients were keen to lock a low long term fixed rate to refinance their margin loan.
One of our clients’ requirements was to minimise the monthly loan payment as well as their upfront cash contribution.
Financing solution engineered by Bluesky Finance:
Delayed financing transaction funded 4 months after the purchase
€1,200,000 loan amount
50% Loan to Value
Loan type: Capital repayment
20 year fixed rate: 1.75%
No Financial collateral
Sorting out a complicated finance arrangement for this couple ensured their life in Paris is now the dream it should be. Living in the beautiful 6th Arrondissement means leisurely walks along the Seine exploring the pavement booksellers can be a daily reality.
Sorting out a complicated finance arrangement for this couple ensured their life in Paris is now the dream it should be. Living in the beautiful 6th Arrondissement means leisurely walks along the Seine exploring the pavement booksellers can be a daily reality
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