Showing posts from July, 2011

Malta Authority to issue new home loan regulations - Consumer Protection

Parliamentary Secretary Chris Said announced earlier this morning, the imminent launch of new regulations to govern home loan agreements here in Malta. He declared that the aim was to give consumers the highest level of protection possible when taking one of life's most important and costly decisions, to secure a property loan.

The new regulations although in line with a proposed European Union directive to protect home loans, are being implemented locally and independently by the Maltese Competition and Consumer Affairs Authority.