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By Reuters Staff 2 Min Read PARIS, Dec 17 (Reuters) - France will ease mortgage lending standards to help the market and in particular first time buyers, French Finance Minister Bruno Le Maire said on Thursday. French regulators have recently come under pressure from some property developers, mortgage brokers and banks to loosen lending standards to help the market. Le Maire said the High Council for Financial Stability, which he heads and includes the central bank governor, decided in particular that monthly mortgage payments could reach up to 35% of a borrowers income, compared with 33% currently. They also decided to raise the maximum mortgage duration to 27 years from 25 currently, mainly to take into account that there can be a delay of up to two years before a borrower can access a newly built or renovated home.

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