Mortgages in France for self-employed

CKPhotography · 2020-07-17T12:57:24+02:00

Explore the requirements for self-employed freelancers seeking mortgages in France. Get insights on tax returns, residency, and banking challenges.

CKPhotography New member

Member since 15 July 2020

CKPhotographyNew member17 July 2020 10:57:24

Hi there,
I'm a freelancer currently based in the UK but thinking of moving to France, and I was wondering what I would need to do in order to be eligable for a mortgage from a French bank?

For instance, will 3 years of tax returns to HMRC suffice, or will they want fully audited accounts from an accountant?

On moving, gaining residency, and paying into the French system, are there likely to be any other challenges I face being self-employed?

Thanks in advance for your help.

phipiemar VIP Member

Member since 01 May 2013

phipiemarVIP Member17 July 2020 16:46:31

4733

Hi,

It is difficult to answer for a bank.

The majority of French banks will ask you to have a French account where you will pay your financial income. They will ask you to sign a contract giving them access to your bank account in order to make a seizure if you do not pay ...

So if you continue your activities from England, it would be better to ask for an English bank.

CKPhotography New member

Member since 15 July 2020

CKPhotographyNew member18 July 2020 10:15:01

Thank you for this - it's good to know.

Everywhere I read it is stated that 3 years of audited accounts are required - whether UK or French banks, so I guess tax-returns are not accepted.

Take care.