Help & Advice

Will the housing loan that I have taken out before the law fall within the scope of this law?

While it is possible to include all housing loans, which were taken out before the law, under the scope of this law, the choice is left to the consumers. Accordingly, consumers who do not want the housing loan that they have taken out before the law to be included within the scope of the Housing Finance Law, must notify the bank that has provided the loan in writing, within 3 months after the law comes into effect. The housing loans which the consumers choose to include under the scope of the law within the specified 3-month period, will be considered under the scope of the law as of the date of the written notification. The loans of the consumers who do not make a notification regarding their preference, will be automatically taken under the scope of the law at the end of the specified 3-month period.

  1. Will it be possible to take out a loan with the conditions defined in the previous legislation, even after the Housing Finance Law comes into effect?

    As the loans provided towards the purchase of a property will be subject to the Housing Finance Law after the law comes into effect ...

  2. Will there be an Early Payment Fee in effect for the housing loans taken out before the law if they are included within the scope of the law?

    The loans taken out before the law came into effect will not be subject to an Early Payment Fee, even if they are included within the scope of the new law.

Other ways to get helpOther ways to get help

Help & Advice Home

Telephone Banking:444 0 333 Alo Garanti