BGL BNP Paribas recently signed a partnership agreement with the Luxembourg branch of Wüstenrot Bausparkasse AG, a home-savings specialist authorised in Luxembourg.
Aimed at better meeting clients’ needs, this new partnership expands BGL BNP Paribas’ mortgage range. By signing up to a home-savings scheme, clients enjoy preferential terms for financing their future home or renovating their current dwelling.
Under certain conditions, the premiums and instalments paid in to a home-savings scheme are tax deductible: up to EUR 1,344 if the holder is aged 18 to 40 at the start of the year, and EUR 672 if the holder is over 40. These amounts may be increased according to the number of people in the household.