• 1 year standard variable interest rate: the rate of your loan is fixed for the first year of the repayment period and then revised annually. You have the comfort of having constant monthly repayments* for the remaining duration of the loan. When interest rates fluctuate, only the term of your loan is reviewed, with a maximum of 5 additional years. You also have the option to reimburse your mortgage in 10% minimum lump sums free of charge.

If you are likely to earn substantial bonuses or maturing investment policies to be used to reduce your French mortgage, this product is suited to you.

• 1 year special variable interest rate which ensures minimal monthly repayments, especially during the first year of your mortgage to allow your financial situation to stabilise after the purchase of your new home in France.

For the above mortgage options, payment holidays are possible and you can also convert to a fixed rate at any time. However on fixed rates you will have to pay a charge in the event of early redemption.

With our variable interest rate mortgage range, you will enjoy constant monthly repayments irrespective of interest rate movements: the term of the loan will fluctuate within a 5 year limit, depending on interest rate . changes.

2 year special variable interest rate which offers deferred capital and interest payments for up to two years (insurance premiums will remain payable during that period). This product is advantageous to customers who opt for a VEFA (Vente en Etat Futur d'Achevement) property as they will not start their full repayments until all the funds have been drawn down to pay for the construction.

If you have bought your French property with personal funds within the last year, we can offer you a post-finance mortgage for this acquisition by releasing the required funds to your French notary. We must receive your mortgage application within 12 months from the date you signed the « acte de vente » at the notary's office.

With our attractive interest rates it may be a good time to think about re-financing your existing French mortgage. If you decide to do this, you could also borrow up to an extra 10%. Please ask your mortgage adviser for the key points regarding this type of mortgage.

Provided that your UK sterling loan was taken out specifically for purchasing your property in France, we can re-finance this mortgage, through the notary in France using attractive euro zone interest rates. We will require a letter from your UK lender confirming that the UK mortgage was indeed for buying the property in France.

We can lend up to 85% of the value of your property after works. A valuation will be done on receipt of your application enclosing copies of all your quotations for the works you would like us to finance. Funds will be released by cheque directly to the builders on receipt of the invoice. N.B. Please note that UCB does not finance any commercial project such as lease back schemes, chambres d'hotes or gttes.