What is the Code of Good Practice to alleviate the rise in interest rates on mortgage loans for primary residences (2022)?

Banco Sabadell has adhered to the new Code of Best Practices enacted by Royal Decree Law 19/2022, of 22 November, with the aim of alleviating the financial burden on mortgage debtors at risk of vulnerability due to the sharp rise in interest rates (BOE: Provision 19403 of BOE [Official State Gazette] No. 281 of 2022 and Provision 19535 of BOE No. 282 of 2022).

This new Code is transitional, with a duration of two years, and its measures are intended to facilitate the payment of secured loans for a primary residence when there has been a sharp increase in the payment instalments for the loan in relation to the household income.

Additional information can be found in the "Code of Good Practices Guide for Customers" or in "Frequently Asked Questions".