Local view for "http://purl.org/linkedpolitics/eu/plenary/2006-11-14-Speech-2-191"
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"en.20061114.33.2-191"2
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".
There are 25 national legislations governing mortgage credit, and soon there will be 27 standing in the way of a common European approach. This Green Paper issued by the European Commission will finally make it possible to carry out proper studies of this issue and to go for the sensible options.
Any Community measure concerning the European mortgage credit market must, above all, be of direct benefit to the public. However, consumers often come up against too many obstacles, be they legal or economic.
In voting in favour of the report by Mr Purvis, I opted for making the mortgage credit market accessible to a larger number of potential borrowers.
In the Committee on Internal Market and Consumer Protection, I had, in this connection, personally pushed for its rapporteur, Mr Medina Ortega, to take account of borrowers with insecure and insubstantial credit profiles, workers on fixed-term contracts and first-time buyers."@en1
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