Debt Consolidation loan to refinance an interest-only loan for a couple of British pensioners living in France
M and Mrs S. 69 and 71 years old. British pensioners full time residents in France.
Client requirement:
Refinance an existing interest-only mortgage and 4 GBP denominated credit cards.
Our solution :
New secured loan purposed to consolidate a French mortgage along with 4 GBP denominated credit cards
€206,000 20 year capital repayment mortgage
Fixed rate: 2.05%
Optional life insurance policy
The refinance of this mortgage and credit card debt has meant that Mr and Mrs S can have more freedom to enjoy their retirement and explore more of their beloved France without money worries.
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