€1.4 million 80% LTV Interest-only mortgage with no AUM to purchase a Chalet in La Tania
Mr and Mrs P. 39 and 38 years old English couple residing in Singapore
Client requirements:
Our clients approached us as they were planning to purchase a Chalet in the French Alps. They were keen to design a flexible tax efficient financing option not requiring to deposit any Assets Under Management with the lender.
We assisted our client in the property selection process and ran multiple financial illustrations. After a 3 months search process, our clients made a successful offer on a Chalet located in the beautiful resort of La Tania.
Our solution:
In addition to assisting with opening bank accounts and building insurance policies, we arranged a 80% Loan to Value part interest-only, part Capital repayment mortgage secured against the Chalet.
Loan amount : €1.45 million
Fixed instalments : €4,521
No early repayment fees
Life insurance fully optional
No Financial collateral
Our clients can now go skiing whenever their heart desires, with no accommodation concerns as they can holiday in their beautiful Chalet with friends and family….perfect
More Case Studies
Financing a Parisian Apartment for a Franco-American client
Introduction Navigating the complexities of acquiring property in France can be particularly challenging for expatriates with multi-national ties. This case study focuses on a Franco-American expatriate residing in the UK, who sought to purchase an apartment in Paris to serve as her primary residence. Background Paris, with its allure and cultural richness, remains a prime…
Financing a Ski Chalet in Méribel for a British Investor
Introduction Investing in a ski chalet in the French Alps offers both recreational enjoyment and lucrative rental income opportunities. This case study examines the journey of a British investor residing in the UK, who sought to purchase a ski chalet in Méribel, Trois Vallées. Background Méribel, located in the heart of the Trois Vallées, is…
Financing a Holiday Home in Nouvelle-Aquitaine for an Irish client
Introduction Acquiring a holiday home in France presents an exciting opportunity for expatriates seeking a blend of investment and leisure. This case study focuses on an Irish gentleman, who sought to purchase a holiday home in the picturesque region of Nouvelle-Aquitaine. Case Overview Client Profile: Age: 43 Nationality : Irish Occupation: Salaried employee with significant income from Restricted…