Interest-Only mortgage for a Hong-Kong based British couple buying in Provence

February 2021 – Mr and Mrs S.  44 years old. British nationals residing and working in Hong-Kong.


Client requirements:

Mr and Mrs S. got in touch with us shortly after they had made an offer for €820,000 on a property located in La Croix Valmer near St Tropez. They had spent several summer holidays in the Var and had seized an opportunity to purchase a villa they had seen the previous summer.

Our clients had sufficient savings to pay for the villa without resorting to mortgage finance. Following an initial consultation and several scenarios analysis created by with Bluesky Finance, it rapidly became apparent that a euro denominated credit facility was an efficient strategy to minimise the impact of an unfavourable GBP to Euro exchange rate on their savings. Our clients agreed that it made sense to arrange a euro mortgage which could be repaid when the GBP/EUR exchange rate would be stronger.

Financing solution engineered by Bluesky Finance :


Flexible lending solution minimising the requirement to transfer GBP into Euros.

  • €400,000 Interest Only loan
  • Monthly payment of €785
  • 14 year fixed rate
  • Contractual term : 14 years
  • No early redemption penalties
  • No Financial collateral