Mortgages in Belgium 2007 (Market Guide)

Table of Contents

• Overview
  • Catalyst
  • Summary
• Executive Summary
  • Market size
  • Market forecasts
  • Key market issues
  • Key market players
• Table of Contents
• Table of figures
• Table of tables
• Market Context
  • Country overview
    • Demographics data on a selection of major western European countries
      • Population
      • Economy
    • Housing market
      • Dwelling stock
      • House prices
  • Government housing intervention
    • Taxes, subsidies and housing schemes
  • Market data
    • Mortgage interest rates
    • Market size
      • Balances outstanding
      • Gross advances
      • Product lines
  • Market structure
    • Structure of the Belgian retail banking sector
    • Mortgage market structure
      • Funding
      • Distribution
  • Regulatory environment
    • Industry regulators
      • The NBB
      • The CBFA
    • Industry associations in Belgium
      • The BBA
      • Test-Achats
      • The UPC
    • Repossession and rules of law
    • Regulatory issues and developments in the mortgage market
      • The birth of an integrated European mortgage market is still very far off
      • Basel II will mean a number of changes for lenders
  • Key issues in the mortgage market
• Competitor and Product Overview
  • Top four mortgage lenders
    • Market share by balances outstanding
  • Product analysis
    • There are two forms of property financing in Belgium
    • Typical product characteristics
• Market Forecasts
  • Forecasting gross advances
    • Gross advances in the Belgian residential mortgage market will grow at a CAGR of 6.6%
  • Future prospects
    • Market attractiveness
    • Market inhibitors
• Appendix
  • Supplementary data
    • Data tables relating to Chapter 2: Market Context
  • Definitions
    • AAGR
    • Balances outstanding
    • CAGR
    • Capped mortgage
    • Equity release
    • EU 15
    • Fixed rate mortgage
    • Flexible mortgage
    • Gross advances
    • Loan-to-value (LTV)
    • Mortgage intermediary
    • Remortgaging
    • Self-certification mortgage
    • Variable mortgage
  • Forecasting methodology
  • Research methodology
  • Further reading
    • European mortgages
  • Ask the analyst
  • Datamonitor consulting
  • Disclaimer
  • List of Tables
    • Table 1: Forecast of residential mortgage gross advances in the Belgian market , 2005-11f, (€m)
    • Table 2: Total population across major western European countries, 2002-06
    • Table 3: GDP at current rates across major western European countries, 2002-06, (€bn)
    • Table 4: GDP per capita at current rates across major western European countries, 2002-06, (€)
    • Table 5: GDP growth rates across major western European countries, 2002-06, (%)
    • Table 6: GDP composition by sector across major western European countries, 2006, (%)
    • Table 7: Inflation across major European countries, 2002-06, (%)
    • Table 8: Unemployment rates across major western European countries, 2002-06, (%)
    • Table 9: Age distribution of dwelling stock in Belgium, 2004
    • Table 10: Residential mortgage balances outstanding compared to GDP of selected European countries, 2006
    • Table 11: Top four mortgage lenders in the Benelux region by balances outstanding, 2005-06
    • Table 12: Forecast of residential mortgage gross advances in the Belgium market , 2005-11f, (€m)
    • Table 13: Total dwelling stock in Belgium, 1999-03, (000s)
    • Table 14: Typical mortgage rates in Belgium, Q3 2004 - Q4 2006, (%)
    • Table 15: Mortgage balances outstanding in Belgium, 2002-06, (€m)
    • Table 16: Mortgage net lending in Belgium, 2002-06, (€m)
    • Table 17: Residential mortgage gross advances in Belgium, 2002-06, (€m)
  • List of Figures
    • Figure 1: Gross advances in the Belgian mortgage market reached €32.5 billion in 2006, 2002-06
    • Figure 2: Fortis is the largest mortgage lender in Belgium, 2005-06
    • Figure 3: A snapshot of Belgium' s key statistics, 2006
    • Figure 4: Dwelling stock in Belgium has remained static since 2001 at 4.2 million, 1999-03
    • Figure 5: The majority of dwellings in Belgium are owner-occupied, 2001
    • Figure 6: Annual house price growth in Belgium has been in the double digits, Q3 2004-Q4 2005
    • Figure 7: Typical mortgage rates stood at 4.38% in the fourth quarter of 2006, Q3 2004-Q4 2006
    • Figure 8: Total mortgage balances outstanding in Belgium reached €109.5 billion in 2006
    • Figure 9: Net mortgage lending in Belgium stood at €11.6 billion in 2006, 2002-06
    • Figure 10: Gross advances in Belgium reached €32.5 billion in 2006, 2002-06
    • Figure 11: Refinancing in the Belgian mortgage market had grown in importance, 2002-06
    • Figure 12: Banks advanced 91.3% of balances outstanding in the Belgian mortgage market as at September 2006
    • Figure 13: Regulatory structure of the Belgian banking market, 2007
    • Figure 14: Fortis is the largest mortgage lender in Belgium, 2005-06
    • Figure 15: Growth in the Belgium market will remain solid but not buoyant, 2005-11f