The Czech governing coalition is planning significant changes to state mortgage support starting in 2028. The proposed reforms aim to provide more favorable tax deductions on mortgage interest payments for younger individuals under the age of 36. Conversely, some older and wealthier clients may see a reduction in their current tax benefits related to mortgage interest. Prime Minister Andrej Babiš initially indicated these changes in late May during a parliamentary session. Finance Minister Alena Schillerová has committed to presenting a detailed plan for these modifications to the government by the end of June. The intention is to shift support towards first-time homebuyers and younger generations struggling to enter the property market. These changes represent a potential redistribution of mortgage support within the Czech Republic.
