Franch Mortgages - Transferable ?

[Beryl]

I am reading the small print on my mortgage from a French bank and it would appear that the the loan can be transferred to another house if we were to sell.

Transferabilite
En cas de revente vous pouvez sous réeserve de l'accord exprés et préalable de la banque conserver ce prêt pour une nouvelle acquisition.

 

Is this normally a straightforward process or does it require the submitting of pay slips, bank statements etc all over again.? There are some 15 plus pages of information but I can't find any further info on this , but that might be because my understanding of the French langauge does not extend to financial jargon [:$]

 

[booboo]

I would think if you need to add another mortgage to it to pay the new house, then yes you will need all the paperwork again. If not then no.