Description Page Achat-VEFA
If your heart is set on purchasing a new property, buying “off-plan” ("VEFA”) in French) is a popular option that enables you to choose from the extensive range of readily available projects on the French property market today. You will be required to sign a reservation contract that stipulates, amongst other things, the price of the property once built.
Content Achat VEFA
5 easy steps to realising your project:
1Contact BNP Paribas International Buyers
Discuss your project with your personal multilingual mortgage advisor and develop your financial plan together or find out exactly how much you can borrow using our quote request page . You will then receive a detailed quote based on the information that you have provided.
2Find your property
Make sure you have made the right choice.
3Sign the preliminary sales agreement and appoint a notary
Once you have signed the reservation contract, no-one else can buy the property you have chosen. You also have 10 days to change your mind if you wish to do so. Be sure to check that the agreement is subject to mortgage acceptance. By doing so you will ensure that you do not lose your deposit if your mortgage application is refused.
4Submit your mortgage application
Return the completed mortgage application forms and supporting documents to your BNP Paribas International Buyers personal mortgage adviser. Once your application has been approved we will send you your mortgage offer and simultaneously send a copy to the notary. By law, you must wait at least 10 days before accepting the mortgage offer.
Your notary will make a written request to BNP Paribas International Buyers for the first release of mortgage funds and we will in turn transfer the agreed amount to the notary.
Achat propriete existante bottom content
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. CHANGES IN THE EXCHANGE RATE MAY INCREASE THE STERLING EQUIVALENT OF YOUR DEBT.