An IFA is setting up a one-stop shop to supply mortgages for people wanting to buy property in France, and put them in touch with English-speaking estate agents and solicitors.
Brentchase International, part of Brentwood-based IFA Brentchase Financial Services, will arrange finance for properties in Normandy and Brittany. The company, which will launch later this year, will also help French buyers who wish to buy in Britain. Mortgages will be arranged in euro or sterling depending on how clients are paid.
Sales director Mike Fitzgerald has visited the area, and says: “Professionals in the area are very positive about English people buying in France, and most speak good English. We will make the process very easy by putting clients in touch with friendly contacts, who will send them a selection of properties and show them round.”
“People buy houses in these areas for a number of reasons. Some just want a holiday home, some are moving permanently in search of a better quality of life, especially as rural Britain is so expensive. Normandy is closer than Lincolnshire from London, but a million miles apart in terms of lifestyle.”
Simon Conti, proprietor of Hove-based Conti Financial Services, says: “Normandy and Britanny are undoubtedly two of the most popular parts of France with British buyers. The only thing I would say is to make sure they have the expertise and to do plenty of research.
“We have experts in legal and currency issues and in all aspects of the overseas property market.”