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Leading UK and French mortgage brokers join forces

9th May 2011 Print

Conti, the UK’s leading overseas mortgage specialist, has entered into a joint venture with CAFPI, the leading French mortgage broker, to create Conti France.

The new entity is uniquely placed to offer more choice, even better service and the best possible deals to Britons seeking finance for the purchase, or re-mortgage, of a French property. Each customer case will be negotiated individually with the most suitable bank, and rates currently start from just 1.88%.

This exclusive route to French mortgages is unavailable elsewhere

Working closely with more than 120 national and regional French banks, Conti France can search the whole of the French market to find the most competitive terms and best rates in the market for its clients. And, with a combined experience of more than fifty five years in the French mortgage market, it can offer the highest level of expertise and knowledge.

The joint venture brings together two highly experienced teams of advisors, who will guide clients through every aspect of the mortgage process, from selecting the best mortgage deal and life insurance cover, to opening a French bank account and liaising with the estate agent and notary on their behalf. Clients will have the assurance of dealing with one bi-lingual advisor from start to finish, making the process as smooth and hassle-free as possible.

According to Conti France, the percentage of British people enquiring about French mortgages has more than tripled over the last two years, and currently accounts for around 45 per cent of quotes issued. It says that the French mortgage market is very stable, largely due to the cautious approach adopted by its financial institutions in the past. This means that it’s in a strong position to lend, and it’s still possible to borrow up to 100 per cent of the value of a property. The country is extremely attractive to prospective investors, thanks to historically low interest rates and reduced property prices, so they’re very well placed to pick up a bargain. 

Clare Nessling, Operations Director at Conti, says: “Conti France brings together two trusted brands which can secure the best mortgage terms and offer the highest levels of advice to Britons buying French property. We’re not tied to a limited number of banks, but can instead search the whole of the French market for the most favourable deals. France accounts for nearly half of all the enquiries we receive, so it makes absolute sense to harness this opportunity to offer even more to our customers, and to grow the business alongside.”

Kathleen MacKinnon-Helm, Manager, International Dept, CAFPI, says: “Conti is an established and reputable UK-based force in the world of overseas mortgages, and we’re delighted that this joint venture will strengthen that position in terms of the service and deals it can offer people seeking French property finance. It makes perfect sense for us to join forces to ensure the best possible borrowing terms for Conti France clients.”

Details can be found at contifrance.co.uk.