Lending easier

House builders can soon breathe a sigh of relief

The strict lending guidelines for home loans, which are binding for banks, will end at the end of June 2025. This will make it easier to take out a "home builder loan" again. Young people in particular who want to buy their own home are likely to benefit from this.

In August 2022, the Financial Market Stability Board, which is made up of experts from the Financial Market Authority (FMA), the National Bank (OeNB), the Ministry of Finance (BMF) and the Fiscal Council, prescribed strict rules for domestic banks when granting home loans ("KIM Regulation"). With a few exceptions, loans may only be granted if the term of the contract does not exceed 35 years, at least 20 percent equity is available and the repayment installment does not exceed 40 percent of net disposable income.