If you are the owner of a ski apartment or chalet in the French Alps we would like to highlight the opportunity of arranging an equity release on your French property. As you probably know, equity release means you can release capital tied up in your property in France for home improvements or even a personal project without an obligation to demonstrate the use of the funds to the bank.
The combination of the weak pound, the price falls in the UK residential property market plus the drying up of mortgage supply in the UK might prove to be the right time to organise an equity release in Euros from your French property.
Ascendantâ€™s long term partnership with one of the leading French mortgage specialists means that we can help non-residents to arrange mortgages for our clients. Our partners have an agency based in Annecy and their English-speaking mortgage advisor is available to draft quotations for you via email or over the telephone.
If you already own a ski or lakeside property in this part of France with or without a mortgage on it, our partners can offer you a release of funds up to 70% of the net value of your French property.
A large number of our clients use equity release to fund renovation on their rental properties blacktown e.g. build a swimming pool or just making their property debt work in order to build their property portfolio and overall net wealth.