No less than 3,836 Flemings have already submitted an application for a ‘My Renovation Loan’ this year. Until February, that loan was interest-free, causing a tsunami of applications. Result: dossiers with long processing times, in some places up to eight months. And that is a big problem, because what if your contractor already starts the work while your file is still pending? And also: can the favorable interest rate of 2.25 percent be maintained for a long time to come? All questions in a row.
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Long waiting times for Flemish renovation loan: how long do you wait on average for approval?
