Case Studies Post
December 2017 – Mr S. and Mrs D.
Remortgage of an interest-only loan secured against a villa located in the Cap d’Antibes (French Riviera).
Clients’ country of residence: UK
Our clients had owned the property for ten years. As their interest-only credit line was approaching its term, their requirement consisted in remortgaging to a new Interest-only loan with a new mortgage provider.
Mortgage solution arranged by Bluesky Finance:
We arranged a new interest-only mortgage secured against the French property. The client was just required to deposit €200,000 in unpledged assets with the lender.
5 year fixed rate : 1.85%
No requirement to assign a life insurance contract to the lender