What is the Loi Hamon and how does it relate to French Mortgage Insurance?

Named after the French minister Benoit Hamon, the focus of this law is to protect the French consumer.

One of the key elements of this new law is that the consumer now has the opportunity to cancel the mortgage insurance they obtained from their bank and replace it with a less expensive but equivalent type of mortgage insurance within the first year of the signing of the mortgage. Make sure you check all details with your bank to verify what is possible.

A great way for you to keep up to date on the French mortgage market is to be in touch with an English speaking French mortgage broker. If you would like free assistance to find an English speaking French mortgage broker contact us today. We also offer you free assistance to find you an English speaking French real estate agent. Contact us.