The European Commission has published a White Paper on the Integration of EU Mortgage Markets. The White Paper presents a 'package' of measures aimed at improving the areas of cross-border supply, product diversity and customer mobility. The potential benefits of removing some of the identified barriers could, according to some estimates, reduce the interest payable on a EUR 100,000 mortgage loan by as much as EUR 470 per year. According to the Commission it would be premature to decide now on whether a legislative approach would deliver the necessary added value. At this stage, the Commission has announced non-legislative solutions in particular in the fields of land registration, property valuation, and forced sales procedures.