The operational backbone of the scheme.
Choose your role to enter the platform. Each environment exposes only the surfaces relevant to that party — buyers see briefs and quotes, merchants see pipeline and disbursements, banks see originations and capital, authority sees scheme-wide oversight.
Each role environment uses representative data to illustrate how the platform behaves under realistic load. Buyer flows cover eligibility, brief publication, quote competition, and milestone disbursement. Merchant flows cover pipeline access and quote submission. Bank flows expose origination, underwriting, and capital relief. Authority surfaces scheme-wide performance, default-rate monitoring, and the public transparency dashboard.
All identifiers, transactions, and figures shown are illustrative. Eligibility checks are modelled, not authoritative. Disbursements are simulated. The platform sits next to the proposal as a UX reference for stakeholder review — banks, merchants, MFSA, MoF — to see how the scheme would feel operationally before specification work begins.
Are you eligible for Avvanza Loans?
Pulled live from eID Malta, CFR, and the property register. Takes about 90 seconds.
Describe the works you need.
Once published, your brief is sent to the relevant merchants in the network. They'll respond with itemised quotes within 3–5 business days.
5 merchants responded.
Side-by-side, itemised. Reference-price flags applied. You can reject and republish at any time.
Disbursement against completion.
Bank pays Mediterraneo MEP directly per milestone. You sign off on each handover before funds release.
Every participating bank, side by side.
Banks set their own rates; the platform makes them visible. Standardised MCD-aligned APRC for fair comparison. Updates live as banks adjust pricing.
| Bank | Deposit Bridge | Finishes | Furnishes | APRC | Total interest (term) | Origination fee | |
|---|---|---|---|---|---|---|---|
| BOV | 3.10% | 2.60% | 3.20% | 2.78% | €18,420 | €650 | |
| APS Bank | 3.20% | 2.55% | 3.10% | 2.74% | €18,140 | €500 | |
| HSBC Malta | 3.05% | 2.65% | 3.30% | 2.81% | €18,650 | €750 |
All three rates have compressed materially since the scheme launched — competition between banks delivers the rate convergence the proposal anticipated.
Banks set their own rates within structural conditions the scheme creates:
The scheme creates the structural conditions for rates to land near mortgage-equivalent levels. Banks compete within those conditions — the platform makes the competition visible.
Your signed agreements.
Loan agreements, repayment schedules, the guarantee fee statement, and your accepted quote — all kept in one place, audit-traceable to the platform's transaction ledger.
| Document | Type | Signed | Status | |
|---|---|---|---|---|
| Finishes Loan Agreement #L-44120 | BOV / Borrower | 12 Apr 2026 | Active | |
| Sovereign Guarantee Certificate | Republic of Malta | 12 Apr 2026 | In effect | |
| Guarantee Fee Statement (NHG-modelled) | Scheme Authority | 12 Apr 2026 | Capitalised | |
| Accepted Quote · Mediterraneo MEP | Merchant agreement | 14 Apr 2026 | Bound | |
| Repayment Schedule (300 instalments) | Auto-generated | 12 Apr 2026 | Active | |
| Standardised Information Sheet (MCD) | Pre-contractual disclosure | 11 Apr 2026 | Acknowledged | |
| Right of Withdrawal Notice | Pre-contractual disclosure | 11 Apr 2026 | Window closed |
| Month | Date | Payment | Interest | Principal | Balance |
|---|---|---|---|---|---|
| 1 | 15 May 2026 | €251 | €126 | €125 | €54,075 |
| 2 | 15 Jun 2026 | €251 | €125 | €126 | €53,949 |
| 3 | 15 Jul 2026 | €251 | €125 | €126 | €53,823 |
| 4 | 15 Aug 2026 | €251 | €125 | €126 | €53,697 |
| 5 | 15 Sep 2026 | €251 | €124 | €127 | €53,570 |
| 6 | 15 Oct 2026 | €251 | €124 | €127 | €53,443 |
| 7 | 15 Nov 2026 | €251 | €124 | €127 | €53,316 |
| 8 | 15 Dec 2026 | €251 | €123 | €128 | €53,188 |
| 9 | 15 Jan 2027 | €251 | €123 | €128 | €53,060 |
| 10 | 15 Feb 2027 | €251 | €123 | €128 | €52,932 |
| 11 | 15 Mar 2027 | €251 | €123 | €128 | €52,804 |
| 12 | 15 Apr 2027 | €251 | €122 | €129 | €52,675 |
Briefs matching your specialism.
Mediterraneo MEP · 312 jobs · 4.8/5 · Sliema. Reference-priced, audit-trail-clean.
| Brief | Property | Buyer profile | Budget | Closes | Status | |
|---|---|---|---|---|---|---|
| #B-1042 | Sliema · 118m² · 3-bed apt | FTB · €58k income | €55,000 | 9 May | Open | Submit quote |
| #B-1037 | Birkirkara · 95m² · maisonette | STB · trade-up | €38,000 | 12 May | Open | Submit quote |
| #B-1031 | Mosta · 142m² · terraced house | FTB · €72k income | €60,000 | 14 May | Quoted | |
| #B-1028 | Naxxar · 110m² · 3-bed apt | FTB · €54k income | €52,000 | 14 May | Quoted | |
| #B-1024 | St Julian's · 105m² · 2-bed apt | FTB · €68k income | €48,000 | 15 May | Open | Submit quote |
| #B-1019 | Marsascala · 132m² · maisonette | FTB · €63k income | €57,000 | 16 May | Open | Submit quote |
| #B-1015 | Sliema · 88m² · 2-bed apt | STB · trade-up | €42,000 | 17 May | Open | Submit quote |
| #B-1011 | Qormi · 124m² · 3-bed apt | FTB · €60k income | €55,500 | 18 May | Closing soon | Submit now |
You're in the top 12% of the network by review score and on-time disbursement record. Your reference-price audit has been clean for 14 consecutive months.
Quote for brief #B-1042.
Sliema · 118m² · 3-bed apt · FTB · budget €55,000. Itemised line-items required. Reference-price audit runs automatically on submission.
| Line item | Specification | Materials | Labour | Total | vs ref |
|---|---|---|---|---|---|
| MEP first-fix | Plumbing, electrical, ducting | €6,400 | €5,400 | €11,800 | −4.5% |
| Plastering & screeds | Full apartment, two coats | €2,800 | €4,600 | €7,400 | −2.6% |
| Tiling | Porcelain, full apartment | €5,200 | €4,400 | €9,600 | −3.2% |
| Joinery | Kitchen + 3 bedroom wardrobes | €10,800 | €6,000 | €16,800 | −2.0% |
| Bathroom finishes | 2 full bathrooms | €4,200 | €2,200 | €6,400 | −5.4% |
| Painting | Full apartment, two coats | €600 | €1,600 | €2,200 | −3.0% |
All disbursements, audit-ready.
Direct bank-to-merchant payments per milestone. Network fee deducted automatically; nothing to reconcile manually.
| Date | Job | Buyer | Bank | Milestone | Gross | Network fee | Net | Status |
|---|---|---|---|---|---|---|---|---|
| 2 May | #J-0312 | K. Borg | BOV | 4 of 5 | €8,400 | −€420 | €7,980 | Settled |
| 28 Apr | #J-0308 | S. Borg | BOV | 2 of 5 | €9,880 | −€494 | €9,386 | Settled |
| 26 Apr | #J-0301 | M. Mifsud | APS | 5 of 5 | €6,200 | −€310 | €5,890 | Settled |
| 22 Apr | #J-0298 | R. Cassar | BOV | 3 of 5 | €11,200 | −€560 | €10,640 | Settled |
| 18 Apr | #J-0312 | K. Borg | BOV | 3 of 5 | €10,800 | −€540 | €10,260 | Settled |
| 18 Apr | #J-0308 | S. Borg | BOV | 1 of 5 | €11,800 | −€590 | €11,210 | Settled |
| 14 Apr | #J-0294 | L. Vella | HSBC | 4 of 5 | €7,600 | −€380 | €7,220 | Settled |
| 10 Apr | #J-0290 | P. Galea | APS | 2 of 5 | €8,900 | −€445 | €8,455 | Settled |
| 5 Apr | #J-0287 | D. Spiteri | BOV | 5 of 5 | €5,800 | −€290 | €5,510 | Settled |
Verified-purchase buyer reviews.
Reviews authenticated against actual platform disbursement records — gaming-resistant by design. Scores feed your standing in the quote marketplace and surface in the buyer brief workflow.
All five milestones disbursed on time. They proactively flagged a discrepancy in the original drawing for the kitchen and recommended a better layout — saved us a week of rework. Workmanship warranty is for 7 years; they registered it themselves.
Site visits booked promptly. Disbursement requests came through the platform exactly as agreed; no surprises. Bathrooms and tiling were a particular highlight.
They included it as standard at no extra cost which I didn't realise until reading the delivered specification. Bathroom finishes were slightly less premium than I'd hoped, but well within reference price.
Joinery sub-contractor pulled out and they had to find a replacement — added 9 days. They communicated transparently and absorbed the labour cost difference. Final handover was on the original date despite the delay.
Everything came in below network median. EE Class B target met without back-and-forth. Would use again for a future Furnishes loan.
Originations dashboard.
BOV — Avvanza Desk. Live view of all scheme originations across the three product lines.
CRR Article 114 / Article 235 substitution applied across the book. The €4.18m of CET1 freed supports approximately €31.7m of additional risk-weighted lending elsewhere.
| Loan | Borrower | Product | Amount | Term | Rate | RW | Originated | Status |
|---|---|---|---|---|---|---|---|---|
| #L-44120 | S. Borg | Finishes (FTB) | €54,200 | 25 yr | 2.6% | 0% | 12 Apr | Disbursing |
| #L-44119 | S. Borg | Deposit Bridge | €15,000 | 5 yr | 3.1% | 0% | 2 Apr | Repaying |
| #L-44115 | K. Borg | Finishes (FTB) | €48,800 | 22 yr | 2.7% | 0% | 28 Mar | Disbursing |
| #L-44112 | R. Cassar | Furnishes (FTB) | €21,400 | 6 yr | 3.2% | 0% | 22 Mar | Drawn |
| #L-44108 | L. Vella | Finishes (STB) | €36,400 | 18 yr | 2.9% | 0% | 18 Mar | Disbursing |
| #L-44104 | P. Galea | Deposit Bridge | €14,200 | 5 yr | 3.1% | 0% | 14 Mar | Repaying |
| #L-44101 | D. Spiteri | Finishes (FTB) | €51,800 | 24 yr | 2.6% | 0% | 10 Mar | Drawn |
| #L-44098 | M. Mifsud | Furnishes (STB) | €12,400 | 5 yr | 3.4% | 0% | 7 Mar | Drawn |
Underwriting queue.
Standard credit standards apply — no relaxation in exchange for the guarantee. Underwriting parity is written into scheme legislation.
| Application | Borrower | Product | Amount | DSTI | LTV | EE | SLA | Status | |
|---|---|---|---|---|---|---|---|---|---|
| #A-2241 | K. Caruana | Finishes (FTB) | €58,400 | 28% | 86% | Class B | 2h 14m | Auto-pre-qualified | |
| #A-2240 | J. Mifsud | Deposit Bridge | €14,800 | 31% | 90% | — | 3h 02m | Manual review | |
| #A-2239 | R. Borg | Furnishes (FTB) | €22,000 | 26% | — | — | 3h 48m | Auto-pre-qualified | |
| #A-2237 | D. Vella | Finishes (STB) | €32,200 | 35% | 82% | Class C | 5h 12m | Manual review | |
| #A-2236 | L. Galea | Finishes (FTB) | €48,600 | 29% | 88% | Class B | 5h 41m | Auto-pre-qualified | |
| #A-2235 | P. Spiteri | Deposit Bridge | €13,200 | 32% | 90% | — | 6h 22m | Auto-pre-qualified | |
| #A-2233 | S. Cachia | Finishes (FTB) | €61,000 | 38% | 90% | Class A | 7h 04m | DSTI flag | |
| #A-2232 | M. Camilleri | Furnishes (STB) | €11,800 | 28% | — | — | 8h 18m | Auto-pre-qualified |
Capital freed by the guarantee.
CRR Article 114 / 235 substitution applied across the Avvanza book. Live view of RWA reduction and implied secondary lending capacity.
Claim, recover, report.
Sovereign guarantee claims pipeline. Independent recovery sits with our recoveries unit; the guarantee sweep covers residual after recovery exhausts.
| Loan | Product | Outstanding | Days past | Recovery to date | Guarantee residual | Stage | |
|---|---|---|---|---|---|---|---|
| #L-43782 | Deposit Bridge | €11,200 | 94 | €4,260 | €6,940 | In recovery | |
| #L-43501 | Furnishes (FTB) | €8,400 | 112 | €3,170 | €5,230 | In recovery | |
| #L-43122 | Finishes (FTB) | €18,800 | 156 | €11,200 | €7,600 | Property sale | |
| #L-42876 | Deposit Bridge | €9,800 | 214 | €2,400 | €7,400 | Guarantee called | |
| #L-42514 | Furnishes (STB) | €7,200 | 186 | €2,800 | €4,400 | Guarantee called | |
| #L-42208 | Finishes (FTB) | €16,400 | 232 | €8,900 | €7,500 | Guarantee called | |
| #L-41992 | Deposit Bridge | €10,400 | 268 | €3,600 | €6,800 | Recovered & closed |
Recovery materially shapes the guarantee call. The longer recovery runs, the smaller the residual claim — Treasury sees only what we couldn't recover ourselves.
Avvanza Loans — scheme-wide.
Live operational picture. Aggregates across BOV, APS, HSBC. Updated continuously.
Default-rate monitoring.
Real-time view across the three product books with automatic suspension triggers. Independent actuarial review every six months.
| Trigger | Threshold | Current | Status |
|---|---|---|---|
| Scheme-wide default | 4.0% | 1.7% | 42% |
| Bridge default | 6.0% | 3.4% | 57% |
| STB allocation cap | 60% | 22% | 37% |
| Single-bank concentration | 75% | 52% (BOV) | 69% |
| Reference-price drift | +10% | +1.4% | 14% |
| Merchant suspension rate | 5% | 0.9% | 18% |
| Loan | Borrower | Product | Outstanding | Days past | Recovery | Status |
|---|---|---|---|---|---|---|
| #L-43782 | — | Deposit Bridge | €11,200 | 94 | €4,260 | In recovery |
| #L-43501 | — | Furnishes (FTB) | €8,400 | 112 | €3,170 | In recovery |
| #L-43122 | — | Finishes (FTB) | €18,800 | 156 | €11,200 | Property sale |
| #L-42876 | — | Deposit Bridge | €9,800 | 214 | €2,400 | Guarantee called |
Public transparency dashboard.
Aggregated, anonymised scheme metrics published quarterly. Open-data API. Feeds NSO housing-cost statistics, MFSA prudential reporting, and EU Cohesion Policy submissions.
| Bank | Bridge | Finishes | Furnishes | APRC |
|---|---|---|---|---|
| BOV | 3.10% | 2.60% | 3.20% | 2.78% |
| APS | 3.20% | 2.55% | 3.10% | 2.74% |
| HSBC Malta | 3.05% | 2.65% | 3.30% | 2.81% |
| Network median | 3.10% | 2.60% | 3.20% | 2.78% |
Banks set their own rates. The platform makes them visible side by side. Standardised MCD-aligned disclosure; APRC computed on a comparable basis.
Reference-price index has compressed ~6.4% over 12 months, consistent with the proposed second-order developer cashflow effect at competitive density.
| Quarter | Release date | Coverage | Format | Status |
|---|---|---|---|---|
| Q1 2026 | 15 May 2026 | Full scheme · all banks · 90-day window | PDF + JSON + CSV | Scheduled |
| Q4 2025 | 15 Feb 2026 | Full scheme · all banks | PDF + JSON + CSV | Published |
| Q3 2025 | 15 Nov 2025 | Full scheme · all banks | PDF + JSON + CSV | Published |
| Q2 2025 | 15 Aug 2025 | Pilot scheme · BOV only | PDF + JSON | Published |
Every action, logged.
Immutable scheme-wide event ledger — originations, defaults, suspensions, audit findings, merchant actions. Read access for external auditors and MFSA.
| Time | Type | Actor | Event | Reference |
|---|---|---|---|---|
| 14:32 today | ORIGINATION | BOV | Loan #L-44120 originated · Finishes (FTB) · €54,200 | L-44120 |
| 14:08 today | DISBURSEMENT | BOV → Mediterraneo MEP | Milestone 2 disbursed · €9,880 (Job #J-0308) | J-0308.M2 |
| 12:14 today | AUDIT | Mazars | External actuarial review filed · clean | AUDIT-2026-Q1 |
| 11:42 today | QUOTE | Brief #B-1042 | Quote accepted · Mediterraneo MEP €54,200 | B-1042 |
| 10:58 today | ORIGINATION | APS Bank | Loan #L-44115 originated · Finishes (FTB) · €48,800 | L-44115 |
| 10:14 today | DISBURSEMENT | APS → Borg Construction | Milestone 1 disbursed · €13,200 (Job #J-0312) | J-0312.M1 |
| 09:32 today | DEFAULT | Loan #L-43782 | Default flag set · 90 days past due · enters recovery | L-43782 |
| 09:14 today | TRIGGER | Authority | All triggers green · daily check passed (default 1.7% / 4.0%) | TRIG-2026-05-02 |
| 17:24 yesterday | MERCHANT | Network ops | 3 merchant onboardings approved · MEP catchments expanded | MN-EXP-2026-04 |
| 16:08 yesterday | REFERENCE | Network ops | Reference-price database refreshed · Sliema +1.2% Naxxar +0.8% | REF-DB-90D |
| 14:06 yesterday | SUSPENSION | Network ops | Merchant suspended · reference-price drift +12% over 60d window | MERCH-S-128 |
| 11:42 yesterday | ORIGINATION | HSBC Malta | Loan #L-44108 originated · Finishes (STB) · €36,400 | L-44108 |
| 10:14 yesterday | PRUDENTIAL | MFSA | Q1 prudential filing acknowledged · returns within tolerance | MFSA-2026-Q1 |
| 09:00 yesterday | PUBLIC | Authority | Quarterly public dashboard refreshed · Q1 figures live | PUB-2026-Q1 |
- MFSA PRUDENTIALContinuous read-access. Delegated to assigned analysts via MFSA SSO.
- EXTERNAL AUDITORSMazars (current rotation). Read-only key, rotated quarterly.
- CBM / ECBOn request; full audit trail of read events.
- TREASURYContingent liability dashboard slice; subscriber-pull.
- PUBLICAggregate-only via the public dashboard — no individual loans.