Buying Property in FRANCE ...

We have access to a some brilliant mortgage deals for non residents buying a property in France


Key benefits of the mortgages include:

• Interest rates that start from a very competitive 2.09%.

• Loans that start from just 21,500 Euros.

• Mortgage options for investment purchases, holiday homes, self builds, like for like remortgages and equity release.

• Lending available up to 85% loan to value.

• 5 to 30 year mortgage terms available.

• Applicants between the age of 18 to 80 accepted.

• No credit scoring or credit search carried out by selected lenders.

• Access to Exclusive mortgage deals.

Benefits of our service include:

• Access to a wide range of mortgage products.

• A friendly professional team of English speaking mortgage advisers.

• A free pre-approval service, so you know you qualify for a particular mortgage before applying.

• Competitive service charges.

Interest rates set to climb??

Is it my imagination or is everyone trying to force the interest rates to climb by speaking about it in the media??

Or am I being paranoid?

MARKUS MAKES MORTGAGE MAGIC! PRIME RATE DROPS.

What an amazing day and date - the same interest rate as the 20th August 1979 - Gill Marcus you beauty. 

Marcus revealed the following before announcing her decision:

• Domestic inflation has moderated;
• Growth expected to remain low;
• Inflation to average 4.8% in 2012;
• Food prices remain benign;
• Inflation expected to be at 3.7% Q3 2010;
• CPI to average 5.1% in final quarter of 2012;
• Fears of reverse recession have diminished but risks still remain;
• Bank does not target exchange rates;
• Policy rates to remain low in developed economies;
• Rand main downside risk to inflation;
• Inflation moderated more than expected;
• Bond flows show fundamental shift;
• Growth to moderate further in H2;
• Domestic economic growth declined in Q2 in 2010, due to contraction in mining sector; growth in second half to be moderate;
• Consumers still constrained by debt;
• Household consumption may moderate; will be constrained by increased unemployment;
• Banks forecast of GDP growth has declined moderately to 2.8% in 2010;
• Impact of World Cup expenditure unclear at the moment;
• Underlying credit extension remains weak;
• Wage settlements main inflation risk and may affect employment;
• Growth to reach 3.2% in 2011;
• Low interest rate and inflation to support consumer;
• Increase productivity is needed;
• Administered prices place upside pressures on inflation outlook;
• Rand is stronger than anticipated.


So this is what it looks like thanks to Globalfundi our mortgage originators.

INTEREST RATE OK NOW WHERE!!!!!

Interest rate hikes?? WE NEED A BIT OF MAGIC TITO!!!!

13.5% it is - up 0.5%


Im listening to online feed as we speak on SABC news newsfeed


So Food increases is a BIG BIG problem, affecting us all

NCA - an impact thats defintely changed to 21,5% in June to private sector loans.

The JSE has tanked over 4% as global markets roiled amid a credit scare, with one UK economist calling it "pure panic". I agree totally.

Interestingly, the bank's Monetary Policy Committee meeting is taking place against the backdrop of worrying jitters on international financial markets prompted by worldwide credit concerns. Emerging markets, including South Africa, were not spared by this volatility, with the Johannesburg Securities Exchange closing in the red and the rand weakening to a four-month low. This bodes well for South Africa in the medium term, but it could be a rough ride in the short term.

0.5% Thats it Rate today is 13.5%