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.
More Case Studies
90% LTV expat mortgage for French couple buying in the South of France
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