Real estate lending : all borrowers will be able to renegotiate their loan insurance

It is a market that up until then quite closed, which opens fully to competition, with the key to significant gains in purchasing power for consumers. Borrowers will now be able to change each year, the insurance of their mortgages, and thus to put in rivalry, the contract proposed by their bank with those of other insurers.

This mechanism of termination annual, on the anniversary date of the contract, apply not only to the insurance of new loans, but also to the credits in progress for several years. A windfall for insurers who want to price, since the market of insurance of real estate loans weighed, in 2016, to 6.5 billion euros of premiums.

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