Enness launches exclusive mortgage product for prime France and Monaco property



Enness has secured an exclusive mortgage product which does not require Assets Under Management (AUM) for high value property purchases and refinances in Monaco and the South of France.

Terms are as follows:

  • No Assets Under Management required
  • Mortgages up to €5 milion
  • Up to 60% loan to value of property in France and Monaco
  • Between 2 – 2.25% fixed rate for 5 years
  • 1 year’s interest on account (subject to profile)
  • Available for those with more complex income streams
  • Includes US, Middle East and CIS clients
  • Rapid turnaround time


The mortgage market in Monaco and prime France is split into two distinct camps: the retail lenders who have rigid criteria and a low appetite for complexity; and the Private banks where assets under management are often a leading point of the credit process.

This product fits nicely in-between these two channels. It will meet the needs of many high net worth and global clients who wish to purchase or refinance their French and Monaco real estate but may not wish to place AUM with a Monegasque bank.

This product is also great for clients looking to move their mortgage from a French bank as we can potentially “novate” loans without incurring large transfer fees. This is the same for Monaco banks as they are considered to be in the same financial and legal jurisdiction as the rest of France.

The lender in question will view every application on a case-by-case basis. They have a long pedigree in deal-making, especially with international clients who have complex income streams. The product is also open to borrowers of nationalities including US clients and those from CIS countries who will often find it harder to secure lending in Europe.

Enness has a multi-lingual, specialist team based in London, Dubai, France and Monaco who are ready to assist with your mortgage process.