Irish residents earn in euros and live in the EU, which makes them among the simplest non-resident files for a French bank. Strong files can borrow 70–80% of the price, with the same 35% debt ceiling and 25-year maximum term as French residents. Your Irish mortgage counts against that ceiling. Banks ask for payslips and your Employment Detail Summary from Revenue, which replaced the P60 in 2019.
What French banks offer Irish residents
As an EU resident, you can expect financing of 70–80% of the price on a strong file. Purchase costs of 7–8.5% on an existing home come from your own funds, along with the rest of the deposit.
The bank adds up every loan you repay, including your Irish mortgage and the insurance on the French loan, and checks that the total stays within 35% of net household income. The term is capped at 25 years, or 27 when capital repayment is deferred during the construction of a new build or during works costing more than 10% of the total purchase.
Euro income, no currency risk
Because your salary is paid in euros, the bank has no exchange risk to price in. Your income is taken at face value, and the repayment on a fixed-rate loan, which most French loans are, stays the same for the whole term in the currency you earn.
That makes Irish files simpler than sterling or dollar files. Rates still usually price above the averages French residents obtain; this month's figures are on the rates page.
Irish documents French banks ask for
- Passport for each borrower and a recent utility bill as proof of address
- Employed: last three payslips and an employment contract or employer letter
- Your Employment Detail Summary from Revenue for the last two years, which replaced the P60 in 2019
- Self-employed: Form 11 returns and accounts for two to three years
- Three to six months of statements for every current account
- Statements for your Irish mortgage and any other loans
- Proof of where the deposit comes from, for anti-money-laundering checks
French banks do not use credit scores. Your Irish credit record plays no part, and the documents carry the file.
Lenders used to Irish files
Crédit Agricole Normandie's Britline service has worked with UK and Irish residents for more than 25 years and lends through Crédit Agricole regional banks, subject to their approval. National banks with international desks and, for larger loans, private banks also lend to Irish residents. Which of them is active for your profile changes from one quarter to the next.
Many lenders set a minimum loan for non-residents, commonly €100,000–250,000, which matters if you only need a small amount.
Next step
You can complete without travelling to France, through a power of attorney prepared by the notaire. Allow at least 60 days in the loan condition of the compromis. Start with the eligibility check and we will introduce you to one broker who places Irish files.
Questions
Can Irish residents get a mortgage in France?
Yes. As EU residents earning in euros, Irish buyers are typically offered 70–80% financing on strong files, subject to the 35% debt-to-income ceiling.
What replaced the P60 for a French mortgage application?
Revenue replaced the P60 in 2019 with the Employment Detail Summary, which you can download from myAccount. French banks accept it as your annual proof of pay.
Does Britline lend to Irish residents?
Yes. Britline, run by Crédit Agricole Normandie, serves Irish as well as UK residents, and its loans are subject to approval by Crédit Agricole regional banks.