Post by account_disabled on Feb 11, 2024 10:49:29 GMT
Managers must have training to offer all the required information to the consumer and evaluate their solvency situation. Furthermore, to grant a mortgage, a solvency test will have to be carried out on the potential borrower. Until now, this requirement did not exist for the granting of the loan. There will be no mandatory connection with the bank Banks have compensated for signing mortgages with the contracting of additional products, called linked products . For example, home insurance, car insurance, life insurance, etc. But with the New Mortgage Law, banks are prohibited from offering incentives to their workers for granting a certain number or type of contracts or accessory services. Default interest for late payments With the new rule, late payment interest may not exceed three times the legal interest of the money, applicable only to the outstanding principal. Change the reference currency .
Mortgagors whose loan is subscribed in another currency may request its exchange to euros or the currency in which they receive the majority of their income. When the new mortgage law 2018 comes into force With all this, it was UAE Email List intended that the New Mortgage Law 2018 or Real Estate Credit Contracts Law would come into force before the end of 2018, since it is two years late, but as has been said, this rule still needs to pass its parliamentary procedure and these measures come into force. Furthermore, with the recent regulatory modification undertaken through Royal Decree-Law 17/2018 that affects a partial aspect of the regulation of the Tax on Documented Legal Acts related to notarial documents corresponding to loans with mortgage guarantee, banks will have to pay for mortgage tax law. The Government introduces a paragraph in article 29 of the AJD Law so that "with complete clarity" the banks assume this tax and modifies the Corporate Tax to prevent its deduction for the tax periods that begin after its entry into force.
Of this Royal Decree-Law. Therefore, we will have to wait to verify if the measures published here come true or undergo any additional modification . However, if you have questions regarding your mortgage, you can always go to your office or your personal manager to help you resolve them.For this reason, digital transformation is more about people than machines, although the opposite is usually considered. Technology allows us to know the client's real needs and leaves us in a position to respond to them. The current challenge is to be able to improve your experience thanks to the use of KPIs ( key performance indicators ) that we obtain on the different digital platforms. The world is evolving, new generations are digital, and the real estate sector cannot afford not to be.
Mortgagors whose loan is subscribed in another currency may request its exchange to euros or the currency in which they receive the majority of their income. When the new mortgage law 2018 comes into force With all this, it was UAE Email List intended that the New Mortgage Law 2018 or Real Estate Credit Contracts Law would come into force before the end of 2018, since it is two years late, but as has been said, this rule still needs to pass its parliamentary procedure and these measures come into force. Furthermore, with the recent regulatory modification undertaken through Royal Decree-Law 17/2018 that affects a partial aspect of the regulation of the Tax on Documented Legal Acts related to notarial documents corresponding to loans with mortgage guarantee, banks will have to pay for mortgage tax law. The Government introduces a paragraph in article 29 of the AJD Law so that "with complete clarity" the banks assume this tax and modifies the Corporate Tax to prevent its deduction for the tax periods that begin after its entry into force.
Of this Royal Decree-Law. Therefore, we will have to wait to verify if the measures published here come true or undergo any additional modification . However, if you have questions regarding your mortgage, you can always go to your office or your personal manager to help you resolve them.For this reason, digital transformation is more about people than machines, although the opposite is usually considered. Technology allows us to know the client's real needs and leaves us in a position to respond to them. The current challenge is to be able to improve your experience thanks to the use of KPIs ( key performance indicators ) that we obtain on the different digital platforms. The world is evolving, new generations are digital, and the real estate sector cannot afford not to be.