23.01.2026 17:31
In the Financial Stability Committee meeting chaired by the Minister of Treasury and Finance Mehmet Şimşek, a new regulation was discussed, focusing on a new model for housing loans for low-income citizens purchasing their first home. The model includes plans to reduce the interest rate to approximately 1.20%, increase the loan limit from 2 million lira, and extend the repayment period.
The Financial Stability Committee met the day before yesterday under the chairmanship of the Minister of Treasury and Finance, Mehmet Şimşek. During the meeting, the general outlook of the banking sector and the restrictions on housing loans for first-time homebuyers were discussed. TEDB General President Hakan Akçam, who made a statement on the subject, stated that a new model is being worked on to facilitate access to housing for low-income citizens, saying, "According to the statement made by our Ministry of Treasury and Finance two days ago, they declared that they are preparing a system that will further ease the way for low-income citizens to take out loans for housing with a different model in the evaluations of the financial stability committee."
"THIS SITUATION SHOULD NOT BE TURNED INTO OPPORTUNISM"
Akçam, who stated that such an application is important in a period when housing loan interest rates are high, said, "However, there should not be a reaction to rising prices as interest rates go down. Property owners should not turn this situation into opportunism. The inspection mechanism of the ministry and other institutions is working seriously."
"WHEN SUPPLY RISES AND MEETS DEMAND, A RETURN TO NORMAL PRICES IS INEVITABLE"
Hakan Akçam noted that the regulation in question will definitely affect rents, stating, "When supply rises in real estate and meets demand, it is inevitable that prices will return to a normal trend. We receive complaints about property owners who increase prices during the day. As real estate consultants, we are not advocates for the party that raises prices. We manage the sales and rental processes in this way, provided that the price is not below the market. This regulation is a beautiful system that our government will apply to low-income citizens."
"INCREASING THE 1.20 INTEREST RATE AND LOAN LIMIT IS ON THE AGENDA"
Akçam shared his expectations regarding the planned regulation, saying, "In the proposed system, an interest rate of approximately 1.20 percent, an increase in the housing loan limit of 2 million lira, an extension of the term, and providing loans with lower installments are on the agenda. It is a significant advantage for this to be done by the state. We think that, as in the previous system, this path will initially be taken with state banks. With the recent steps of the Central Bank, interest rates will decrease every month in the coming days. Housing loan interest rates will also decline in parallel with this."