The local property market continues to experience growth year on
year, despite the various challenges derived from an increase in
construction costs, excess-supply, and affordability constraints.
These, and other insights on Malta's Property Market, were
discussed during a first-of-its-kind networking event organised by
Bank of Valletta for Real Estate Agents. During this event BOV also
introduced its recently launched Online Home Loans Portal to those
present.
During an introductory speech, Bank of Valletta CEO, Kenneth
Farrugia said that “We have developed a number of affordable
and accessible financing solutions to provide our customers, the
opportunity to acquire their dream home or to purchase property as
an investment. Through the new Home Financing Portal, our customers
are being provided with an enhanced digital experience and an
easy-to-use end-to-end platform where they can apply for their home
financing solution from the comfort of their home.