Mortgage moratorium due to COVID-19

Conten Table

Can I request a moratorium on my mortgage due to COVID-19?

The moratorium, one of the measures to alleviate the effect of COVID-19 published in Royal Decree-Law 8/2020, of 17 March, is aimed at:

  • Households whose members become unemployed or suffer a 40% drop in sales in the case of the self-employed or small entrepreneurs.
  • Households with a monthly income of less than three times the Iprem (around 1,645 euros). This ceiling will increase for each dependent child in the household or each child over 65.
  • Households for which the mortgage payment, plus basic expenses and supplies, is more than 35% of the net income received by all the members of the family unit, or this effort has been multiplied by 1.3 as a result of the impact of the coronavirus crisis.

There is a large amount of documentation to be provided and the deadline for receiving a response from the bank is 15 days.

You can find in this link the form to fill in and send to your financial institution to request the moratorium on mortgage payments due to Covid-19. This can be sent online with the online services of Correos.es, we recommend that you always keep proof of sending.

If you would like us to do this for you, please do not hesitate to contact us.

Image credits Image by Arek Socha from Pixabay

Agenda tu consulta gratuita

30 minutos con un asesor o abogado para resolver tus dudas

Nuestro equipo de expertos estará encantado de asesorarte en cualquiera de nuestros servicios. 

¿Quieres estar al día de todas las novedades que afectan a tu negocio?

Plantilla Gratuita

Suscríbete para recibir un acceso directo a todas nuestras plantillas y además recibirás nuestros artículos directos a tu buzón (puedes darte de baja cuando quieras sin perder acceso a las plantillas)

Utilizamos cookies propias para mejorar nuestros servicios y mostrarle publicidad relacionada con sus preferencias mediante el análisis de sus hábitos de navegación. Si continúa navegando, consideramos que acepta su uso.