€2m mortgage for French expat residing in New York arranged in 7 weeks
Mr D. 39 years old. French national, living and working in New-York City.
Our client was looking to finance the purchase of a Buy to Let apartment in Paris. Despite a strong global relationship, our client discovered quite late in the process that HSBC France would be unable to meet his requirements due to capacity constraints.
Mr D was introduced to Bluesky Finance by his notary.
Financing solution engineered by Bluesky Finance:
– €2,000,000 loan
– 15 year fixed rate capital repayment mortgage loan
– 60% LTV loan
– Interest rate: 1.30%
– Financial collateral deposited in USD
Mortgage loan arranged and paid out in less than 7 weeks.
A fast turnaround delighted this customer who thought he had got his deal in the bag until the last minute. This can happen but with a tight brief we were able to step in and find a solution quickly. Now he owns a delightful pied a terre in Paris and is hoping to move back as soon as he can.
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Mr and Mrs T are a young French couple living and working in London but dreaming of a bolt hole in the South of France to return to for holidays and to enable them to catch up with friends and family. An opportunity presented itself to purchase an apartment in Beaulieu Sur Mer between Nice