July 30, 2021

The Congress approves to distribute the expenses of the mortgage – The Province

The Congress approves to distribute the expenses of the mortgage - The Province


The parliamentary groups of Congress have agreed the distribution of the mortgage expenses that will appear in the future mortgage law,leaving the consumer the payment of the appraisal and awarding to the financial entity the rest.

Thus, according to Europa Press informed sources of the paper that discusses the draft bill for real estate credit, the financial institution must assume the costs corresponding to the deed of the mortgage, the agency and the notary fee.

It will be the bank that has to pay the costs of the first copy of the contract, although in case the client requests a copy, it must assume its cost.

In this distribution it has also been arranged that the financial institution assumes the tax of documented legal acts, in line with the decree law approved by the Government in the pastMinister counciland against the decision adopted by theSupreme Court

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