Interest rates are from 3.95%. The move into Corsica is a first for Conti as it expands its range of overseas mortgages.
Mortgage details:
LTV Term Interest Rate Mortgage Type
85% 25 years 3.95% Euro
Mortgages will also be considered up to 90% loan-to-value (LTV) on a case-by-case basis.
Simon Conn, managing director, Conti Financial Services Ltd, said: “We’ve received a number of enquiries from people wanting to buy property in Corsica. Having done our homework, we feel the time is right to move into this market and I am delighted with the mortgage deals we have negotiated for our clients. We’re sure Corsica is going to prove a very popular destination with UK buyers.
”Corsica has really opened up for holidaymakers over the past few years, namely due to the increase in the number of flights, which has fuelled growth in the rental market. This is good news for people who are considering buying a property for investment purposes.”