In France what does the Ten day mortgage cooling off period refer to?

French Stone Tower

There is a French law that states when you are buying a French property with financing once you receive a loan offer from a French banking institution you cannot accept immediately the loan.

You must wait a ten day cooling off period. After the ten days you can accept the loan.

We believe your acceptance of the loan must take place within 30 days of the loan offer from the bank.

It is important to note there is also a special way you must accept the offer.

If you have any questions please contact us here. We can also connect you with an English speaking French banker, English speaking French notary and English speaking French real estate agents. Just contact us we are here to help you. 

Date of Posting September 2013, please take the time to confirm these details with your French real estate notary and French banker to make sure this information is still current.