€220,000 equity release loan for British couple residing in France

May 2019 – Mr and Mrs J. 71 and 72 years old. Franco British couple residing in France.

 

Client requirement:

Owners of a beautiful villa in Provence, our clients wanted to release equity to make the most of their  retirement years. Their plan was to downsize within the next 10 years and purchase a smaller property.

Our solution :

 

€220,000 Interest-only equity release loan

Annual fixed interest rate of 1.77%

Monthly interest payments : €324.50

Duration : 10 years