Despite an increase in perceived risk causing a slowdown in property lending by banks, those looking to buy property in France can still get a good deal.
Athena Mortgages has highlighted the fact that not all banks in the country have decided to increase their margins, meaning that there is still an opportunity to capitalise on competitive lending rates.
"It is interesting that the market is increasing the prices for long term interest rates, indicating a belief in growth and inflation in the medium term," John Busby, director of Athena Mortgages, said.
"The demand for loans for purchases in France is certainly there and it will be interesting to see what effect if any these increases have."
It comes after a report from the European Central Bank claimed that a large number of banks across Europe have steadily declined and tightened procedures relating to property lending.
This is despite many euro-based banks reporting an increased demand for mortgage loans in the last quarter of 2010.
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