More than ever, the French will have to show white paw to take out a mortgage.
The High Financial Stability Council (HCSF), which watches over credit, has just set in stone, in a decision published in
the Official Journal
on October 10, its desire to limit household indebtedness: from 2022, banks will have to cap the monthly payments of their borrowers at 35% of their income.
The maximum duration will be set at 25 years (+ 2 years in new buildings).
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These rules of good conduct are not new.
They were enacted in 2020 by the HCSF to prevent the overheating of the market, and refined thereafter.
But they are now binding.
Banks that do not respect them will face sanctions.
And this turn of the screw is already producing effects.
“We see cases for which we had an agreement in August, which come back to us.
The banks ask us to play on the contribution or the duration, to limit the debt to the thresholds
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