Securing a mortgage in France as a non-resident may seem daunting, but with the right guidance and preparation, it's entirely achievable. Whether you're planning to buy a holiday home or invest in French property, this guide will walk you through everything you need to know.
Our award-winning team of bilingual brokers, based in the UK, are specialists in helping non-residents navigate the French mortgage process from start to finish.
Eligibility
To begin, we will discuss the eligibility criteria for securing a French mortgage as a non-resident.
Can You Get a French Mortgage if You’re Not a Resident?
Yes. French banks regularly lend to non-residents, including UK citizens. However, lending criteria are often more stringent than for residents. You’ll need to show financial stability, a reliable income, and a clean credit history.
While Brexit initially led to some uncertainty, UK citizens can still secure mortgages in France. Some banks may require a larger deposit or offer slightly different terms than they do for EU citizens, but the process remains accessible.
What Are the Financial Requirements?
In most cases, your total outgoings — including your French mortgage and any other debt repayments — must not exceed 33% of your gross monthly income. This is known as the "debt-to-income" ratio.
French banks may also apply a minimum income threshold. Generally, you'll need to earn at least €30,000 (or equivalent) per year, though this varies by lender.
What Documents Will You Need?
To apply, be ready to provide:
- Recent payslips or proof of income (last 3 months)
- Last 2 years of tax returns
- Bank statements (last 3 months)
- Passport
- Proof of deposit
- Details of other debts and outgoings
If you're self-employed, expect to supply business accounts and additional tax documentation.
How Much Can You Borrow?
Most French banks will lend up to 70–80% of the property's value to non-residents. This means you'll typically need a deposit of at least 20–30%.
Your borrowing limit will also depend on the term length (usually capped at 20–25 years), your income, and the mortgage type.
Check your eligibility for a French mortage
Fees and Costs
There are various fees involved in securing a French mortgage when you live abroad. This section discusses what to expect on the financial side of things.
What Are the Current French Mortgage Rates for 2025?
Rates vary depending on the lender and loan type. As of early 2025, typical fixed rates range from 3.5% to 4.5% for non-residents, depending on the loan term and your financial profile. Variable rates may start lower but carry more long-term risk.
A broker can help you compare offers from multiple banks and lenders to find the best available rate.
Other Costs to Factor In
Beyond interest rates, you’ll need to budget for:
- Notary fees: around 7–8% of the purchase price for existing properties.
- Mortgage arrangement fees: 1–2%.
- Broker fees: usually around 1%, sometimes included in the mortgage.
- Valuation fees: required by some lenders.
- Life insurance: mandatory with most French mortgages.
Taxes and Tax Relief
While France offers fewer tax incentives than the UK, there may still be relief options depending on how the property is used. For example, if you rent it out, some expenses may be deductible. Capital gains tax is payable if you sell the property, although exemptions can apply in certain circumstances.
Tax rules can be complex — especially for non-residents — so professional advice is recommended.
Insurance
French lenders require borrowers to take out mortgage life insurance. This pays off the mortgage if the borrower dies. In some cases, critical illness or disability cover is also needed.
You can often choose your own provider, rather than using the bank's default insurer, which may offer better rates.
Unsure of the next steps?
Speak with an expert today!
Rated Excellent
34 reviews on
Google.com
Types of French Mortgage Loans
This section will explore some of the types of mortgages available in France.
Fixed Rate Mortgages
These offer predictable monthly repayments over a set term. Ideal if you value certainty and are budgeting long-term. They're the most common type for non-residents.
Variable Rate Mortgages
These start with a lower interest rate that can change based on market conditions. While they can be cheaper initially, your repayments could rise over time.
Interest-Only Mortgages
Less common in France, but sometimes offered to high-income borrowers. You pay only the interest for a set period, then repay the capital later. These carry higher risk.
Capped Rate Mortgages
A hybrid option. Your rate can change, but only within set limits. It offers a degree of security with the potential for savings.
Bridging Loans
Useful if you’re buying a property before selling another. These are short-term loans that help manage cash flow during transitions. Often more expensive than standard mortgages.
Refinancing
If you already have a French mortgage, refinancing might allow you to switch to a better rate or release equity. This is more common for residents, but some non-residents can qualify.
The Mortgage Process
This section explores what the process of securing a French mortgage looks like.
What Are the Steps Involved?
- Initial consultation: with a mortgage broker to assess your eligibility.
- Pre-approval: helps you understand your budget.
- Property search: once you know your budget, find a property.
- Formal application: provide documents and apply.
- Bank approval: underwriting process begins.
- Offer of loan ("offre de prêt"): once approved.
- Cooling-off period: 10 days to review.
- Completion: signed with a notary, mortgage is issued.
How Long Does It Take?
The process typically lasts 2–3 months from start to finish. Delays can occur if documents are missing or valuations take time.
Who’s Involved?
There are many parties involved in the French property buying process, including:
- You (the buyer)
- The mortgage broker (if used)
- The lender (e.g. bank)
- The seller
- The notary (handles legal side of property sale)
How to Get a French Mortgage: Your Options
Final Thoughts
Getting a French mortgage as a non-resident is entirely doable — especially with the right support. By working with a bilingual, award-winning mortgage broker based in the UK, you’ll benefit from expert guidance, competitive rates, and a smoother process from start to finish.
Want to get started or just ask a few questions? Contact our team today — we’re happy to help you take the next step toward your French property dream.
