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	<title>French Watermill &#124; French Property Renovation &#124; WaterMill in France &#187; French Property Finances</title>
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		<title>Capstone Mortgages</title>
		<link>http://www.property-renting-online.co.uk/capstone-mortgages/</link>
		<comments>http://www.property-renting-online.co.uk/capstone-mortgages/#comments</comments>
		<pubDate>Fri, 25 Sep 2009 16:22:02 +0000</pubDate>
		<dc:creator>Shaun</dc:creator>
				<category><![CDATA[French Property Finances]]></category>

		<guid isPermaLink="false">http://www.property-renting-online.co.uk/?p=26</guid>
		<description><![CDATA[Thankfully when we obtained our mortgage in France we didn&#8217;t have to deal with a company like Capstone Mortgages and the way that BN Paribas has treated us has been exemplary.
Even our insurance for the mill has been fantastic value too.
Capstone Mortgages are currently forcing clients to have expensive home insurance, even signing people to [...]]]></description>
			<content:encoded><![CDATA[<p>Thankfully when we obtained our mortgage in France we didn&#8217;t have to deal with a company like <a title="capstone mortgages" href="http://www.shaunparker.info/capstone-mortgages-beware/655283">Capstone Mortgages </a>and the way that BN Paribas has treated us has been exemplary.</p>
<p>Even our insurance for the mill has been fantastic value too.</p>
<p>Capstone Mortgages are currently forcing clients to have expensive home insurance, even signing people to the policies without them knowing, once that is done they bombard the client with threats until they give in and pay for home insurance twice.</p>
<p>In France things have been much more simple and the only mistake we made was to not move all of our UK money to France before the pound collapsed against the Euro.</p>
<p>Work is progressing well and now that my wedding day has been enjoyed and a total success I will be able to start creating this blog into a proper archive of how to buy and renovate a large French project. Regarding <a title="Capstone" href="http://www.shaunparker.info/capstone-mortgages-beware/655283">Capstone</a> then if you want to read more about how a UK mortgage company is getting away with pressuring people into taking out two insurances then read on here.</p>
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		<title>French Property Finances</title>
		<link>http://www.property-renting-online.co.uk/french-property-finances/</link>
		<comments>http://www.property-renting-online.co.uk/french-property-finances/#comments</comments>
		<pubDate>Wed, 29 Jul 2009 13:03:04 +0000</pubDate>
		<dc:creator>Shaun</dc:creator>
				<category><![CDATA[French Property Finances]]></category>

		<guid isPermaLink="false">http://www.property-renting-online.co.uk/?p=8</guid>
		<description><![CDATA[Well I suppose if we made one mistake so far it was overlooking the gains made by the Euro against Sterling, when we started we got two Euro&#8217;s to the pound, now its almost a parity.
We should of spotted this because we had a good fund here in the UK that we transferred our renovation [...]]]></description>
			<content:encoded><![CDATA[<p>Well I suppose if we made one mistake so far it was overlooking the gains made by the Euro against Sterling, when we started we got two Euro&#8217;s to the pound, now its almost a parity.</p>
<p>We should of spotted this because we had a good fund here in the UK that we transferred our renovation budget from, this went into our BNP Paribas account and then we used that to pay the builder. With hindsight we should of pushed the money over sooner, as soon as the pound started losing significantly against the Euro.</p>
<p>That said as we know some banks went to the wall overseas and people lost all their money so its was a difficult call in some respects. Our finances are now in France but soon we will be looking to get our property mortgaged to enable the final phase to be implemented.</p>
<p>I will document the process we used for this so that others will be able to see how we did it and follow the same path &#8211; thats if it works out to be the right one of course, we are now implementing the second phase of the project which covers the rebuilding of the kitchen and the renovation of the structure at the ground floor (the mill is on 3 levels).</p>
<p>Our finances are in place for this phase which will take about 3 months and then once that is complete we move inside, that will mean in three months time all exterior and structural remedies will be complete, this includes the complete re-roofing, windows, doors, stonework etc etc</p>
<p>The next bit will be just as expensive I am sure but time will tell just how much <img src='http://www.property-renting-online.co.uk/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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