New European regulation on guarantees for residential real estate under construction in bank loans
23 Jul 202693 views
Who is affected:
Credit institutions, mortgage banks and real estate developers with construction financing
Summary
The EU establishes which legal mechanisms guarantee that a property under construction will be completed on time to be valid as bank collateral. It affects how banks calculate the risk of their mortgage loans on new construction.
Detailed analysis
PRO
This Delegated Regulation complements Regulation (EU) 575/2013 (CRR) by specifying which equivalent legal mechanisms guarantee the completion of residential real estate under construction within a reasonable timeframe, a necessary condition for such properties to receive preferential treatment as exposures secured by r…
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OJ:L_202600849: Reglamento Delegado (UE) 2026/849 de la Comisión, de 16 de abril de 2026, por el que se completa el Reglamento (UE) n.o 575/2013 del Parlamento Europeo y del Consejo en lo que respecta a las normas técnicas de regulación que especifican lo que constituye un mecanismo jurídico equivalente establecido para garantizar que un bien inmueble residencial en construcción se termine en un plazo razonable
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