hayoon Posted January 23, 2009 Share Posted January 23, 2009 We have a house in France with a mortgage with UCB. Have just enquiried about changing to interest only or any better mortgage deals with them, but neither of their responses are of any use to us, any advice on who we could change to? Link to comment Share on other sites More sharing options...
Chancer Posted January 23, 2009 Share Posted January 23, 2009 My advice would be not to contemplate changing unless you can swallow an early redemption from your existing borrower and paying once again the frais de notaire for the hypotheque totalling possibly up to 6% of the loan values. Link to comment Share on other sites More sharing options...
Owens88 Posted January 23, 2009 Share Posted January 23, 2009 See this threadhttp://www.completefrance.com/cs/forums/1515764/ShowPost.aspx I think that the French system is effectively skewed against 'remortgaging'. John Link to comment Share on other sites More sharing options...
hayoon Posted January 23, 2009 Author Share Posted January 23, 2009 Thanks for the reply, we have just heard that we will not be charged an early redemption fee so that is one piece of positive news, need to start to cost out other options now. Link to comment Share on other sites More sharing options...
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