Finansinspektionen’s general guidelines on exemption from amortisation requirements on special grounds

Finansinspektionen issued these general guidelines to clarify when mortgage firms may grant time-limited exemptions from the statutory amortisation requirements for residential property loans. The document establishes that a severe downturn in the Swedish economy constitutes an extraordinary circumstance qualifying as special grounds for such exemptions. This regulatory framework aims to provide mortgagors with greater financial manoeuvrability during economic hardships.

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