Chapter III: Mortgages

The loan offer may only be made to borrowers who bear the exchange rate risk and who have declared on their honour that they receive more than half of their annual income in the currency of the loan or that, at the time the contract is signed, they hold financial or property assets in the same currency equal to at least 20% of the loan in question. This declaration is…

Once the loan has been concluded, the creditor shall regularly warn the borrower, on paper or on another durable medium, at least when the value of the total outstanding amount payable by the borrower or of the regular instalments varies by more than 20% of what it would be if the exchange rate between the currency of the credit agreement and the euro at the time the credit agreement was…