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.
5 easy steps to realising your project:
Find your property
Contact BNP Paribas
Submit your mortgage application
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.
Sign the preliminary sales agreement and appoint a notary
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.