Regulatory Alerts2023-06-29
Consumer Monitor Mortgage Closers Q3 2022
The Dutch Authority for the Financial Markets (AFM) published the Q3 2022 Consumer Monitor analyzing the behavior, costs, and risks of recent mortgage closers in the Netherlands. The report highlights that while most closers used intermediaries, a significant portion of refinancers obtained mortgages without advice, and nearly half of home buyers offered above asking price under pressure. Key findings include high usage of annuity and interest-only mortgages, with starters often borrowing to maximum limits and relying on gifts or savings to secure financing.
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