Remortgaging is a great for those who are in search of a more competitive mortgage deal or one that suits them better, individuals wanting to regroup their mortgage with other outstanding loans in order to reduce their monthly repayments and in both cases take advantage of a top-up loan for personal use if required.

Re-Finance the mortgage on your French property(*)

You may eventually decide  to reap the benefits of a more competitive mortgage on your property in France or of an offer better suited to your current situation. You may also want to group your mortgage and any outstanding loans together in order to reduce monthly repayments.
The maximum amount that may be borrowed for a standard re-finance mortgage will be equal to the outstanding capital, the redemption penalties and the legal fees for registering the new mortgage on the property and should not exceed 85% of the valuation of the property. If necessary, an additional top-up can be obtained. Let Sextant French Mortgages sort it out for you!
(*) Subject to conditions. Please contact your Mortgage Adviser for further information.

Re-Finance a mortgage contracted in another country(*)

If you’re a homeowner in France but you have an outstanding mortgage secured on a property in the UK, for example, Sextant French Mortgages can refinance that mortgage too. The conditions are similar to those indicated for the re-financing of a mortgage on your French property except that the loan should not exceed 80% of the valuation of the property.  Release of equity and additional renovation loans are available.
(*) Subject to conditions. Please contact your Mortgage Adviser for further information.

Re-Finance mortgages and personal loans in France or other countries

Sextant French Mortgage can also refinance your mortgage as well as your personal loans, under certain conditions(*).
(*) Please contact your Mortgage Adviser for further information.


Your project in 4 easy steps

Step 1 – Contact Sextant French Mortgages

As you already have a mortgage you will be able to discuss your needs with one of our bilingual personal mortgage advisers and come up with a financial plan together or find out exactly how much you want to raise on your property. You will then receive a detailed quote based on the information that you have given

Step 2 – Appoint a notary

Appointing a notary
Appointing a notary is an essential part of the process. As you are already a homeowner in France, you will no doubt be aware of the part a notary plays and his responsibility for the drawing up of deeds. Sextant French Mortgages can give you contact information for some of English speaking notaries in France and if you can’t attend the signature, the notary will be happy to act on your behalf using the power of attorney.  You can take care of everything from abroad.

Step 3 – Complete the mortgage application and life insurance forms

A simple process! Once these forms have been filled in, return them to your personal Sextant Mortgages  adviser. You’ll  also have to submit a certain number of other documents concerning personal details, income and any outstandings. Following acceptance of your application you will receive your Sextant French Mortgages loan offer of which a summary will have been sent to your notary.  By law, you must wait at least 10 days before accepting the mortgage. However, be careful not to exceed a 30-day deadline after which Sextant French Mortgages won’t be obliged to maintain the financial conditions of the offer.

Step 4 – Completion – more than just a dream!

In France it can take around two to three months from the moment you sign the preliminary sales agreement to the moment you sign the final deed of sale. The notary will make a written request to the bankto release mortgage funds and they will then transfer the agreed amount to the notary.

French law stipulates that the notary retains the original deeds of sale and you will be given an official copy.