100% mortgages 'questionable' for emigrants

Some foreign investors are likely to be attracted to properties in France since the emergence of 100 per cent mortgages, an expert has claimed.

However, John Reilly, managing director at BuyAbroad.com, has questioned whether this is a good thing.

People planning to make international payments for properties in the country generally need to ensure they can afford to move abroad, he suggested, although the news is likely to tempt some buyers and grab headlines he said.

"You have got to question people relocating to a new country but needing a 100 per cent mortgage to do it," Mr Reilly said, adding that such a plan "doesn't sound like a particularly good scenario".

Last month, property magazine Jet-to-Let reported findings that France was the second-most popular destination for those looking to make an international payment on foreign property, behind Cyprus. The country also came second in 2008.