First mortgage offer has arrived

Strangely, not the one from our own bank. I imagine that is still crawling its way to us in the post. We've received the offer from the bank who said 'not at this address' when the postman tried to deliver our application forms to their office.

The repayments would be less than with our own bank, but the interest rate is variable. However we can opt for a fixed rate after a month. We can also defer a month's repayment each year, etc. It's one of those flexible mortgage things.

They have put an exclusion on my life insurance - that our mortgage repayments are insured if I am rendered unable to work, unless this is because of my asthma. Since my asthma is mild, and generally triggered by cats, dogs etc. I doubt if it will ever stop me working.

The offer arrived today, and French law prohibits you from accepting it until the 11th day following, so we can only accept the mortgage offer on 29 September, which is the day we were supposed to get the keys. So I'll go to the estate agents this afternoon and tell them the good news and the bad news.

Comments

Alan said…
Estate agents very relaxed as ever. I don't think we'll be getting the keys on the 29th! They don't think the notaire's dossier is ready yet.

Oh well! We're getting there.
7:03 am
Post a Comment

Popular posts from this blog

A bit about music exams in UK and France

They're really different. I think I have already mentioned that while in the UK people generally find a private teacher for their instrument, or do it through a school scheme, here there are municipal music school, conservatoires and so on. The situation is a little more complex than I had first understood, because the schools vary in the rigidity of their organisation: the most, the conservatoires, next the municipals, then the associations. Our music school is an association, but it tends to apply the standards of the municipal schools with its programme of cycles, etc. Britain - grade 1 to 8, grade 8 being roughly equivalent to A-level, pre university/conservatoire. France - 3 cycles, each taking about 4 years, with 3ème cycle being roughly equivalent to grade 8. Theory of music - UK to take grade 8 you need theory grade 5. In France you study theory alongside your instrumental studies, very slowly. Catrin's flute music is MUCH more difficult than the stuff she does in theor
Read more

A brief sortie to North Wales

 Following the Great Keswick Debacle, when our volunteering at the Keswick café was sabotaged by our assorted indispositions, we had airline tickets to use up. Yes, we had not taken travel insurance, so we paid even more money to change our tickets to fly for a short visit to North Wales. This time we were able to go. We passed extremely slowly through a very crowded Bordeaux airport but in good time to get our plane. All seats in the terminal were taken so we leaned against whatever we could find while waiting to board. Hey, bags need seats, too! though sometimes pointing out to Pat, "No, that's a bag seat", makes the bag find a new refuge on the lap of the person sitting next to it... Once on the plane we quickly found our allocated seats - right at the back on the left hand side - stowed our bags and the flight was smooth and uneventful.  We had 30 minutes in Manchester to disembark, get through immigration , hustle off to the station and board our train for Shotton. I
Read more