New BDDK Rules for Real Estate Financing in Türkiye
New BDDK Rules for Real Estate Financing in Türkiye
Türkiye's Banking Regulation and Supervision Agency (BDDK) has approved new rules for companies operating in the savings financing sector. The changes will affect customers who use this system to finance the purchase of real estate or vehicles.
The new rules will come into force on October 1, 2026.
What Is Savings Financing?
Savings financing is different from a conventional bank mortgage. In Türkiye, specialized savings financing companies allow customers to accumulate funds through a structured savings system and receive financing for the purchase of residential property, commercial real estate or vehicles.
BDDK is now strengthening its oversight of these companies while also increasing the maximum limits that can be included in financing agreements.
Real Estate Financing Limit Increased to 62.5 Million TL
One of the most significant changes concerns financing for residential and commercial real estate.
The maximum contractual amount for financing the purchase of residential or commercial property has been increased to 62,500,000 Turkish liras.
The new limit does not mean that every customer will automatically be eligible for financing of 62.5 million TL. The actual amount depends on the financing company, the terms of the agreement and the customer's financial circumstances.
New Limits for Vehicle Financing
The maximum contractual amount for vehicle financing has also been increased to 6,250,000 Turkish liras.
Under the new rules, one customer will be able to have a maximum of two savings financing agreements with the same company:
- one agreement for vehicle financing;
- one agreement for residential or commercial real estate financing.
Other Financing Limits Have Also Changed
BDDK has also increased the threshold for agreements classified as high-value contracts. The limit has been raised from 2,509,800 TL to 5,000,000 TL.
For agreements related to residential or commercial construction financing, the limit has increased from 6,274,500 TL to 12,500,000 TL.
At the same time, the total amount of all agreements belonging to the same individual or risk group cannot exceed 62,500,000 TL.
BDDK Tightens Control Over Company Funds
The new regulations affect not only customers but also savings financing companies themselves.
The regulator has restricted the types of investments in which companies can place money from savings pools. Funds must primarily be allocated to relatively low-risk and liquid financial instruments.
These include:
- Turkish lira accounts;
- certain leasing certificates, known as sukuk;
- participation-based investment funds with a risk level of 1 or 2.
In addition, the daily interest-free balance held in a savings pool cannot exceed 0.2% of the relevant pool size calculated at the end of the previous month.
What the New Rules Mean for Property Buyers
For people planning to buy property in Türkiye, the main change is the increase in the maximum contractual amount under the savings financing system to 62.5 million TL.
Important: The 62.5 million TL limit does not mean that the maximum amount of a conventional bank mortgage has increased to 62.5 million TL.
The changes apply specifically to savings financing companies and customers using this financing mechanism to purchase real estate or vehicles.
The new requirements are designed to strengthen regulatory oversight of savings financing companies, limit financial risks and establish higher maximum contractual amounts for large purchases.
When Will the New Rules Take Effect?
BDDK has provided savings financing companies with a transition period to prepare for the new requirements.
All new rules will come into force on October 1, 2026.
For property buyers in Türkiye, the key change is the increase in the maximum savings financing contract limit to 62.5 million Turkish liras. However, this is not a guaranteed financing amount for every customer and does not apply to conventional bank mortgages.
