In Fine Mortgage 

 In Fine Mortgage 

 

An In Fine Mortgage can be used for the acquisition of your main home, second home or buy to let as well as Equity Release and Refinance. The main advantage lies in the fact that you will only be required to pay the interest and insurance each month whilst the capital will be paid off in one lump sum at term.
However, you will be required to take out with a company approved by BNP Paribas International Buyers a life assurance policy for a period equal to that of the mortgage. This savings vehicle will be used as a guarantee and at term will help you repay the capital.

Plus point

  • The term of this mortgage is from 7 to 25 years.
  • You can borrow up to 100% of the property value.
  • You can make early capital repayments at any time.

Advantages:

  • Your monthly repayments are lightened, as you will only be paying back the interest throughout the duration of the mortgage. You will be required to reimburse the capital in one lump sum at term.
  • A deferred payment period is possible up to 36 months

BNP Paribas International Buyers - Our Difference:

  • You have the possibility to convert the mortgage into a repayment mortgage with a classic fixed rate for the remaining term.
  • You won’t pay any penalties if you decide to redeem early providing that the interest rate is still variable at the date of the redemption.
  • You can borrow up to 100% of the property value.
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.
 

BNP Paribas International Buyers is a business line of BNP Paribas Personal Finance.
BNP Paribas Personal Finance - Credit institution – Société Anonyme incorporated under French law with a share capital of 435 903 804 euros - 542 097 902 RCS Paris -
Head office: 1 bd Haussmann, 75009 PARIS Insurance Intermediary (N° ORIAS : 07 023 128) Insurer(s): CNP Assurances and CNP IAM