The proposal of the PS to allow the delivery of the house to banks to extinguish the debt in housing loans was approved Wednesday, with the support of PSD, PCP and BE and the abstention of CDS-PP. "Debt relief is allowed, extinguishing the obligations of the debtor regardless of the value attributed to the property for that purpose, provided that it is contractually established, and it is up to the credit institution to provide this information before the conclusion of the contract", reads in the proposal of the PS, which appears in the project for the Housing Bases Law. In the process of voting on the proposals for the Basic Law, the Parliamentary Working Group on Housing also approved the socialist initiative which states that "to the debtors of housing loans who are in a very difficult economic situation a regime can be applied legal basis for protection, including, in particular, the possibility of debt restructuring, enforcement action, or measures in lieu of foreclosure ", made possible by the favorable votes of PS, PCP and BE, PSD's dissenting vote and abstention from CDS-PP. According to the PS, "housing loans constitute an instrument of access to housing, without prejudice to other instruments available to citizens, and includes loan agreements for the acquisition, construction or realization of works of ordinary or extraordinary conservation and of permanent housing ". In this context, the PSD submitted an amendment to the draft PS, suggesting that the law establish "the rules applicable to the responsible granting of housing credit, namely the duties of the creditor and the rights of the consumer and the guarantor or insurance entity, as well as the forms of debt settlement in non-compliance ", a proposal that was approved with the support of PS, the vote against PCP and the abstention of CDS-PP and BE. MEPs unanimously accepted the idea of ​​the PS so that people with disabilities benefit from access to subsidized housing loans. In the bill for the Basic Housing Law, the PS also argued that public expenditure with subsidized interest on home loans constitutes a form of public support that may imply the imposition of burdens, but the Socialists decided to withdraw the in the context of the roll-call votes. With regard to mortgage loans, the BE moved forward with a proposal to amend the PS's statute, which states that "the most unfavorable conditions for the payment of claims can not be granted to guarantors, in particular as regards maintenance of benefits, nor can the right to make payment under the conditions provided to the principal debtor ", a measure supported by PS and PCP, PSD's vote against, and CDS-PP abstention. Source: https://expresso.pt/economia/2019-06-26-Novo-regime-aprovado.-Entrega-da-casa-aos-bancos-salda-a-divida-no-credito-a-habitacao?fbclid=IwAR0zqrBe7F_IgqQ-frqQah74WI-JIyIWmsbRxHSQc2B4hNzGwPdTBu3w8S0