Will home builders recover part of the borrowing costs? In any case, builders and families can hope: Franz Schnabl, the provincial deputy of Lower Austria, wants the processing fee for housing loans to be legally examined.
If you take the past ten years as a starting point, up to 16,000 people can get a substantial amount back! The background: After lawsuits against fitness centers for improperly charging fees, the Supreme Court in Vienna has put a stop to this case. Because many of the fees are not offset by any compensation or the company incurs no special costs, the OGH declared the charge illegal.
What exactly is being checked
The SPÖ Vice-President Franz Schnabl, responsible for consumer protection, is now settling further. Together with the Labor Chamber, the cooperation partner “Pro Verbraucher” and the consumer information association, he also wants to have a closer look at the processing costs that banks charge when taking out loans: “If the check succeeds, a lot of financing that is already underway , would also be affected.” Short-term consumer loans shouldn’t fall into that category, but homeowner loans probably do. The exam is running.
Source: Krone
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
