Equity Release

I don't know if I am right in thinking that Equity Release does not exist in France - can anyone enlighten me please.


Sally McEwen

Hello Sally

A form of Equity Release is available in France. I think that the only Bank that run such a scheme is Credit Fonciere.

I went through the process last year and you need to be aware that interest rates they charge are very high (8%) and the process is very bureaucratic (they need certified copies of Birth Certificates, Marriage Certificates, Children's Birth Certificates, etc) and takes a long time (6 months plus).

Hope this helps

thanks Michael

Hi Sally

Yes, the French have a system of Equity Release… It I known as Viager. Follow this link, or Google the term: http://www.frenchpropertylinks.com/essential/viager.html