Ministerial Committee on Real Estate Finance discusses lowering the down payment percentage 

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The ministerial committee on (General Policies for Real Estate Finance) is scheduled to start its tasks to discuss reducing or maintaining the percentage of the down payment for financing individuals by financial institutions, depending on market variables and demand, and providing guarantees for borrowers from banks and real estate finance companies by the Real Estate Fund.

The regulation for imposing fees on white lands, which was approved by the Council of Ministers yesterday, excluded lands with legal issues, disputes, or suspended lands such as Aramco's reservations in the Eastern Province, or lands that are troubled due to issues of overlapping deeds and ownerships.