Finally some good news, the average mortgage rates have fallen to their lowest level in seven months, mainly due to lenders kicking off the New Year with interest rate cuts.

So is this a good time for you to contact our Mortgage and Financial Services Partner, if you are considering a mortgage to help fund a property purchase in France, you may wish to contact them to see if they can help and advise you, best of luck.

You can contact them direct here.

Could mortgage rates drop further in 2024?

A handful of mortgage lenders have announced further rate cuts, due to the predictions that the Bank of England base rate could start to fall in the first half of this year.

Some lenders have mortgage product rates below 4% for the first time since April 2023.

The lowest rate we have seen is now 3.89%.

Our Mortgage Partner is ideal for those of you who live in the UK and already own a property within the UK, dealing with the team at 'HERTS Financial Services' may be a much more attractive option than a French mortgage.

Kind regards,
Alex at Clé France.

If you have not done so already, check out our Property Guides here.

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