Mortgagors experiencing financial hardship

Since 2012, the Code of Good Practices has been in force, which establishes a series of measures to help people who are in serious economic difficulties repay their mortgages. In addition, until the end of 2025 or until the end of June 2026 for people residing in areas affected by the DANA, there is a new Code for those families affected by the rise in the Euribor.

Banks adopt the Code of Good Practice voluntarily; it is not compulsory. Banks that have done so, and only once they have done so, are obliged to apply the measures envisaged in the Code.

The measures envisaged in the Code of Good Practice will be applied to mortgagors who satisfy certain conditions as to their economic circumstances and the purchase price of the mortgaged dwelling, which must be their main residence (the family home).

The first measure is the restructuring of the debt, which is applied successively. If it is unfeasible, you can request a reduction of the principal or the dation in payment of the house. Finally, if the property has been foreclosed, you can rent it for a favourable rent.

Entities must inform of the existence and content of the Code of Good Practice and process the requests they receive in an efficient manner. Control mechanisms are established to ensure that they comply with these obligations.

El Código de Buenas Prácticas está contenido en el anexo del Real Decreto-ley 6/2012. Esta norma se ha modificado en 5 ocasiones, ampliando progresivamente los supuestos de aplicación del Código y adoptando medidas cada vez más ventajosas para el deudor.

Desde 2022 existe un nuevo CBP para aliviar la subida de los tipos de interés cuyas medidas podrán aplicarse hasta finales de noviembre de 2025 o hasta finales de mayo de 2026 para personas residentes en las zonas afectadas por la DANA. La adhesión de las entidades a este nuevo Código es voluntaria. Si quieres consultar la entidades adheridas visita el primer apartado de esta página.