NEWS UPDATE: What is the maximum term of a French mortgage?

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If you are planning on getting a French property mortgage you will want to know the rule that came into effect this year 2022 on January 17th and I quote from the French government website

“As of January 1, 2022, banks are required to limit the term of home loans they grant to individuals to 25 years, and to ensure that the maximum debt ratio does not exceed 35% of borrowers’ income, including insurance.” Source Govt. France. 

Here is a link to the note in French and there is a tap for tranlsation to English

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