The Federal Government will not implement the BNB’s recommendations for mortgage loans

The Federal Government will not implement the recommendations of the National Bank (NBB) on mortgage loans, reported La Libre on Thursday.

The latter recommended that banks should strengthen their own funds when granting mortgages for more than 80% of the value of properties.

The idea has aroused a lot of political emotion in recent weeks, the Walloon government fearing a decision contrary to its policy of access to property.

A citizen petition has also circulated a measure for denunciation that would compel candidates to acquire at least 20% equity. “Fake news”, replied Prime Minister Charles Michel. According to the paper, no agreement will be reached with the federal government to implement this recommendation.

The author: Michel DEURINCK

Michel Deurinck, born in Brussels in 1950, started his career in the Belgian civil service, dedicating over 30 years to public service. Upon retirement, he pursued his passion for journalism. Transitioning into this new field, he quickly gained recognition for his insightful reporting on politics and culture. Deurinck's balanced and thoughtful approach to journalism has made him a respected figure in Belgian media.

Related posts

Leave a Comment