The Borrower-Based Measures Directive was issued by the Central Bank of Malta (CBM) in March 2019. It aims to protect both the banks and the borrowers from potential financial risks associated with purchasing property.

The Directive sets limits on the amount of money you can borrow and the maximum number of years you have to fully repay the loan.

After taking into consideration what property you will be purchasing and whether you hold any other home loans, you will be classified in one of the two categories determined by the Directive. Each category with its own limitation.