Sweden ditches amortisation requirement in response to Coronavirus

Jonathan Boyd
clock • 2 min read

The Swedish Financial Superisory Authority (Finansinspektionen, FI) has determined that the loss of income due to Coronavirus constitutes "special grounds" necessary for lenders and borrowers to legally stop amortisation payments on loans. The regulator has for a number of years sought to increase the amortisation burden to lower household leverage ratios, which surged in response to sharp rises in property prices over the past decade, leading borrowers previously on interest only or very low amortisation mortgages increaed their borrowings to fund discretionary spending on things such a...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now


Already a International Investment member?


Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.