€2.2 million euros cash-out remortgage against a Chalet in Chamonix

June 2019 – Mr and Mrs D. 51 and 51 years old. British couple residing in Hong-Kong.

 

Client requirement:

Refinance of an existing capital repayment credit facility arranged in 2011 on a tracker rate.

Our solution :

€2.2 million interest only mortgage

Purpose: refinance an existing loan and create a portfolio of financial assets to be deposited with the lender

Annual interest rate of 1.80%

Duration 8 years