Private banks

we have a wide set of professional relationships with private banks based mainly in the locations shown above.

If you are considering a new private banking relationship we can easily match you with the right private bank to suit your needs.

Many clients set up a new private banking relationship in the course of the purchase of a high value property in France.

The reasons for this can be manifold but generally private banks can help when the client:

- has a situation is too complex for French retail banks

- does not want to engage in the lengthy documentation process for getting a French retail mortgage

- has more assets than income

- has an existing portfolio of cash assets without any loans against them

The benefits of working with private banks are that you have a relationship with a single private banker

One person who will be the liaison point of contact for any issues relating to your account.

The interest rate on private banking loans are generally lower than those found with traditional French retail banks.

The essentials of a private banking relationship are that the client brings a significant amount of cash assets to the bank such a cash, bond or equities portfolio - generally the minimum would be at least USD $500 000 or more.

The private banker will then agree a strategy to manage this portfolio to generate a return to match your appetite for risk.

Once this wider relationship is established with the bank, lending on the new French property can be discussed.

Broadly speaking there are four main types of lending by private banks for French properties :

• amortization style

• 100% Interest Only

• back-to-back Lombard

• equity-release