There was good news for people looking to move abroad and purchase property in France as they will now be offered mortgages of up to 100 per cent.
In a move that could bring a major boost to foreign investment in the country, the loans will be available to every expatriate on a variety of development types.
The mortgages – which require no form of deposit – were previously only open to foreign investors buying in certain locations of France.
Director of French Mortgage Direct, Sharon Hill, said: "This is fantastic news. We’ve had a number of customers who’ve had to give up their dream due to the weak pound – their savings wouldn’t go far enough for their deposit.
"A 100 per cent mortgage will go a long way to help enable the purchase of a French property and could help dreams come true."
Many people move abroad and become an expatriate in France because of the lifestyle, according to my-french-house.com.
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