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mortgages

Mortgage moratorium extension to be priority after elections says PM

Mateusz Morawiecki said that the moratorium would not apply to consumers with high incomes. Paweł Supernak/PAP

An extension of the mortgage moratorium will be one of the Law and Justice's (PiS) first initiatives in the Sejm, the lower house, after the elections, Mateusz Morawiecki, the Polish prime minister said on Wednesday.

Mortgage moratorium will be extended throughout next year, PM says

The Polish government will prolong the existing mortgage moratorium to help borrowers cope with high interest rates but this time income criteria will be introduced, Mateusz Morawiecki, the Polish prime minister, has announced.

Today’s news round-up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

Today’s news round-up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

Poland's subsidised mortgage programme has mixed results says report

A state subsidised mortgage programme aimed at first-time buyers offers some benefits to those who qualify for it but at the same time has led to an increase in house prices and made it harder for other buyers, according to a report by AMRON-SARFiN, a housing financing researcher affiliated with banking lobby ZBP.

Cost of 'Safe Mortgage' scheme estimated at PLN 1 billion says dep min

The government-subsidised mortgages for the purchase of the first home will cost the state budget less than PLN 1 billion (EUR 225 million) this year, but the cost will increase to PLN 1.5 billion (EUR 340 million) in the following years, a deputy finance minister has said.

CJEU backs consumer compensation for unfair mortgage terms

The Court of Justice of the European Union (CJEU) ruled in a judgment announced on Thursday that consumers can demand compensation from banks beyond the reimbursement of monthly installments paid if a mortgage contract with unfair terms is declared invalid.

EU’s top court takes side of Polish FX mortgage borrowers

Most FX loans were denominated to CHF when the Polish national currency was strong, but later on the Swiss franc appreciated rapidly, leaving the customers with extensive debt to pay off.

Poland pledges aid to first-home buyers

The Polish government has unveiled a subsidised mortgage scheme dubbed First Home aimed to help people under the age of 45 buy their first homes.

Today’s news round up in Poland

Start your day with a summary of today’s top stories from Poland’s leading news sites.

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Top 5 articles:

  • Over 100,000 slaughtered with axes, pitchforks, scythes and knives: The Wołyń massacre started 76 years ago today and lasted for two years
  • The systematic massacre of all children under 10 will forever be a stain on humanity, says TFN’s Stuart Dowell
  • Mayor offers reward to first couple to have a boy in village where only girls are born
  • Beaten, starved and tortured: The horrifying story of Hitler’s concentration camp for children
  • It’s official! Kraków is the best place in Europe for food, says European Academy of Gastronomy
Life

Hero Polish porter who fought off London Bridge terrorist collects bravery award from Princess Anne

In a ceremony at Windsor Castle, Princess Anne presented Łukasz Koczocik with the Queen's Medal for Gallantry, which recognises exemplary acts of courage.

The first report:

  • Poland's embassy in Turkey condemns terrorist attack in Ankara
  • Over million people attended opposition rally in Warsaw, Tusk says
  • PM vows Poland's average salary to rise to over EUR 2,000 in four years
  • This force cannot be stopped says opposition leader
  • Opposition holds huge rally in Warsaw ahead of elections

Exclusive

Warsaw’s secret war against Moscow’s spies: Poland’s intelligence services have gone into overdrive to combat Putin’s covert assault

The arrest last week of a ‘dangerous’ spy network in Poland is the latest in the country’s secret war against Russian intelligence since Putin’s troops attacked Ukraine.

The Debrief
Revolt, power and Polish communists after 1945
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