Notaire fees up 0.7%

Starting today, 1st March 2014, Notaire fees have increased by 0.7%. This means an extra €700 for every €100,000 of purchase price, so an extra €1,750 for a €250,000 purchase. Not insignificant. The actual increase is in the part of the Notaire fees called the “droits de mutation” which went up from 3.8% to 4.5% and the increase is set to expire on the 29th February 2016.

We have update our French mortgage simulator to reflect the new rates, to see how it affects your budget please click here.