Hamon Law and Home Loan Insurance

Real estate insurance concept

What does the Hamon law on borrower insurance change? The Hamon law on mortgage extends the freedoms of the borrowers: It is now possible to cancel the insurance of its mortgage for the first 12 months (with a notice of 15 days) following the date of signature of your loan offer. The Hamon Act covers insurance for loans intended to finance: The purchase of new or old property for use as a dwelling (or for business and residential purposes) The financing of works (if more than € 75 000) The construction of a…

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