English
FrançaisHi there,
What is the typical mortgage fixed fee and what is the best one can typically negotiate with the bank. I paid €6,000 EUR via the notary on my last property as some kind of fee from Barclays for creating the mortgage.
Also, have been quoted 3.95% by a bank for a fixed 10 year rate - how competitive is this?
Thanks
Toddy
the 6000 cant have been the arrangement fee - its almost certainly a tax to the french govt based on the mortgage amount - clients often mistake this for an arrangement fee
typical arrangement fee should be 1000 euros / 1% but there are cheaper and more expensive deals about
heres a few websites for mortgages
www.french-mortgage.com - efficient and michael hackney is excellent though a bit pricey
www.french-mortgage-connection.com - good people here although
www.loans4france.com - dorrway to an actual french mortgage brokerage covering the breadth of the market
3.95 is pretty good - best ive seen is 3.75
Hi Gleen,
Don't suppose you know what tax the govt impose for mortgages?
Cheers
Toddy