| As with many business purchases there are a number
of ways to raise the funding to complete the purchase and below I
have outlined the different options to consider when buying a property/business
in France.
When buying in France many applicants sell their existing property
in the UK and use the funds from the sale to purchase a property/business
in France outright as this is to become their home and they do not
require any finance.
Alternatively re-mortgaging your existing property in the UK to
raise the funds is an extremely efficient and popular route to follow
when raising the necessary capital, whilst also retaining a residential
base in the UK that can then be rented out to generate further income.
It is also possible to use your existing bank in the UK as many
of them offer various schemes for funding properties/businesses
abroad, including a re-mortgage package. Lucida UK is linked with
a number of financial advisers in the UK who are experienced with
raising money for the purchase of a property/business abroad and
again we can put you in touch with these advisers.
Lucida UK also has a number of contacts with a number of French
Banks who would be happy to look into various funding propositions.
These are made all the more popular with the very attractive interest
rates that are on offer from French Banks and lenders.
If you have any queries or would like to know more
about funding the purchase of your property/business then please
contact Lucida UK.
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