Finance

Buying at Auction with Finance in France

We have teamed up with Together to provide market-leading rates for your French Purchase. We work with Together, who have over 40 years' experience in short-term property finance. Their experts are on-hand before, during, and after the auction and will offer you the experience, speed and flexibility you need to complete your auction purchase on your new home within a 28-day time frame

Their specialist team can support you to purchase your property in France by raising funds against a wide range of properties, including high rise, non-standard buildings, unusual properties and even building plots lacking planning permission through common-sense lending decisions.

Finance Options

  • Cash or capital raised from the remortgage of a UK residence
  • Bridging loan secured against a UK residence

So when you have found the perfect property in France at a TCPA France Auction for your relocation, or as a holiday home, it is likely you’ll want to move quickly to secure it before someone else beats you to it. In this case, if you don’t have the cash readily available, approaching Together for a bridging loan or to remortgage a UK property could be the solution you need.

A bridging loan is a type of short-term finance that can be accessed quickly, giving you the funds you need to buy your dream property in France without having to wait for your UK home to sell.

Bridging loans can usually be taken out over up to 12 months, although longer loan terms may also be possible depending on the circumstances.

Benefits of Bridging finance

There are several reasons why it can be a good idea to use a bridging loan to buy property in France. You can:

  • Arrange them quickly, often in a matter of days
  • Borrow from £26,000 up to £5 million

Benefit from flexible repayment terms

  • Gain more time to sell your UK home if needed

How to get a bridging loan

If you need a bridging loan to purchase property in France, it is likely that it’ll need to be secured against a UK property. Bridging loans can usually only be accessed through a lender or a broker, so we recommend that you contact Together in order to proceed.

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Contact

Agence Immobilière, 2 Rue de la Libération, Sourdeval, Normandie, 50150

france@tcpafrance.com

+33 (0)2 33 48 62 11

Any property used as security, including your home, may be repossessed if you do not keep up on repayments on a mortgage or any other debt secured on it.

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