In the framework of Opinion no. 9/23, of 3 August, of the National Bank of Angola (BNA), the National Housing Institute (INH) in Luanda, a proposal to reformulate the financing system for access to real estate credit.

Based on the opinion of the BNA, the INH held a public consultation meeting with commercial banks on Thursday, on the theme “Housing challenges and impact measures”. The vision of this meeting was to assess the degree of implementation of the Central Bank instrument and to propose some solutions to stimulate real estate credit in the country. During the meeting, the participants defended, among the solutions, the need to approve the law on the trustee alienation of real estate collateral, which allows the borrower (client) to own the house and to share ownership with the creditor (bank), avoiding the mortgage model.

Thus, it was proposed that the interest rate be subsidized by the state and reduced by around three percent, with a maturity period of 50 years, allowing members of the borrower's family to assume debt payments. According to the INH consultant, Augusto Fernandes, the trust sale mechanism aims to ensure that the bank can put the property up for auction if the contract with the borrower is not respected and recover the investment made