Nowadays, if you want to finance your French leaseback property, it is better to select one which has a yield lower than 5%; otherwise, banks might decline your mortgage because they will be afraid that the management company of your leaseback will not fulfil all the financial requirements. (more…)

The French banks usually index their rates to Euribor 3-month currently at 0.827%. But if you are currently looking for a mortgage to finance your project, a new financial product with variable rate might be suitable for you. (more…)

The Bank of England slashed its key rate by 1.5% to 3%. The ECB cut rates by half a point to 3.25%. Those move show the current difficulties of the moment and as The bank of England cited “marked deterioration in the outlook for economic activity at home”. They intend to encourage borrowers with rates which haven’t been that low since half a century (1955). Economists were predicting a decrease of 1% and where surprised by the decision and acknowledge the intention of the BOE to fight the current crisis.

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