Regulatory Alerts2023-04-25
AFM Consumer Monitor Autumn 2021 - Mortgage Holders
The Dutch Authority for the Financial Markets (AFM) published the Autumn 2021 Consumer Monitor focusing on mortgage holders, revealing that interest-free mortgages remain the most common type while awareness of interest averaging is low among younger demographics. The report highlights that Loan-to-Value ratios are decreasing due to rising property values and regulatory caps, with only 9% of borrowers having mortgages exceeding their home's WOZ value. Additionally, the study indicates that while most borrowers expect to maintain payments during unemployment or partner death, a significant portion lacks knowledge about potential interest rate reductions from extra repayments or the benefits of home sustainability measures.
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