Scope in the case of individuals (mortgage loans)

2.3 Who is this scheme aimed at?

Mortgage borrowers (individuals) experiencing payment problems due to the coronavirus crisis. The scheme does not apply to borrowers who, before the outbreak of the coronavirus crisis, were already in arrears on the mortgage for which a delay is requested (see Charters). The mortgage loan must have been taken out for the sole and principal residence in Belgium of the borrower(s) at the time of the request for postponement. At the time of the request for postponement of payment, the total movable assets in current and savings accounts and in an investment portfolio with the borrower's own bank or another bank must be less than EUR 25,000. Pension savings are not taken into account for this calculation.

2.4 What is meant by “payment problems due to the coronavirus crisis”?

The banking sector has drawn up a uniform approach for determining “payment problems due to the coronavirus crisis” for (segments of) individuals and businesses in the Charters concerned.