Czech mortgage market could change soon

If you live in the Czech Republic you probably noticed the discussion about another new regulation on the Czech mortgage market and real estate market.

The Czech National Bank is afraid of overheating the Czech real estate market and they seek to gain greater regulatory powers. Currently this discussion is on a daily basis.

Fortunately, this regulation should not have a direct impact on the foreigners who would like to get a mortgage in the Czech Republic.

Nevertheless, it might be better to start with the mortgage process sooner rather than later and prepare the financing in advance. We will keep you updated if any changes would come.

Feel free to contact us in this respect.