You've Decided to Borrow
In this area, common sense is the best guide. No need for complex analyses or tedious investigations regarding the key points for negotiating your loan effectively.
You're opting for a purchase after knowingly rejecting the rental option.
Negotiating Your Loan
No more taboos: this is the best leitmotif. The credit market is based on commercial principles. Your bank does business and intends to make profits. "EVERYTHING or almost everything IS NEGOTIABLE" including loans.
Understanding the credit market: Consult several credit institutions. During your first contact, highlight competing offers. Ask for a written response. Your expertise will grow with experience.
What Parameters to Negotiate?
The loan rate is negotiable. The longer your loan, the higher the rate. Similarly, the higher the loan amount relative to the property value, the higher the rate. A substantial personal contribution shows the reliability of your project.
Credit insurance and administrative fees are also negotiable. Lenders consider the APR (Annual Percentage Rate) which includes administrative fees.
Nature of the Loan
You'll have the choice between a variable rate and a fixed rate. A fixed rate means security but not necessarily profitability. If you opt for a variable rate, it must be "capped." Otherwise, change your credit institution.
Plan for the possibility of switching from a variable rate to a fixed rate without extra fees. Early repayment penalties are limited to 3% by law, but are negotiable.
Final Tips
Ensure your repayments don't exceed 33% of your income. Consider notary fees (about 7% of the property). Ensure your loan is adjustable without fees. Read all contract clauses.