Buro Beerens guides you through the purchase of your house, answers all your questions and helps you find the right mortgage. And that goes beyond just looking at which provider you can borrow the most from. We look at which mortgage suits your housing needs and income, which conditions are most favorable for you and whether the mortgage is and remains financially feasible.
Starter loan
When purchasing your first home, you may want to take out a starter loan. The starter loan is a loan for starters in the housing market. You can apply for this type of loan from the municipality in which the purchased home is located. The conditions differ per municipality, province or housing association. The loan closes the gap between the mortgage you get from the bank and the purchase costs of the house you have in mind. You do not pay interest or repayments for the first three years.
Transfer tax exemption
If you buy your first home in the Netherlands and you are not older than 35 years, you may be exempt from transfer tax. The transfer tax limit is determined every year by the government. The limit is currently 510,000 euros. The exemption means that you do not have to pay the 2% transfer tax on your first home.
Your own holiday home? Or invest and rent out the house? Whatever your plans for a second home, Buro Beerens will help you realize them! We know exactly what is involved when buying a second home.
For example, with a second home, different rules apply to mortgage interest deduction, permits sometimes have to be applied for and if you rent out the house, there are special rules for additional income. Your Buro Beerens advisor knows what is and is not possible when purchasing and owning a second home.
Together you will find the answer to, for example, the following questions:
- Which mortgage suits a second home?
- Is mortgage interest deductible?
- Can I get a full mortgage?
- Do I have to pay tax on rental income?
- What about permits and zoning plans?
- What else should I think about?
Are you ready to register for a new construction project or do you want to build yourself on a free plot? Get advice about the next steps of this process. There are financial benefits to purchasing a new-build home, but also things to take into account in advance.
A mortgage for a new-build home is arranged slightly differently than financing an existing home. Simply put, the mortgage grows along with the construction of the house. The more of the house is built, the more mortgage you pay.
What you will have to deal with:
- Financing during or after construction
- Loss of interest during construction
- Free by name
- Construction depot
There are both advantages and disadvantages for a new-build home. In a personal conversation we can compare both situations and see what is best suited for you.
If your needs or family composition change, a renovation may be something you want to finance. Sometimes the need is within in the maintenance of the home, such as replacing the roof or window frames. You may also want to renovate the house cosmetically, for example by installing a new kitchen or bathroom. Renovations are available both with and without a building fund. Please contact us to discuss the possibilities.
Sustainability is a hot topic in our country these days with all the news surrounding high energy bills, solar panels, etc. It can be beneficial to make your home more sustainable in order to reduce your energy costs. Sustainability can be achieved in many ways. There are often advantages with regard to the interest rate. For more information we would love to schedule a consultation with you!
Are you buying a home to rent to third parties and do you want to take out financing for this? That's possible! There are specific rules that you must comply with. For more information, we would be happy to schedule a consultation to explain everything.
You have made the decision to break up. What now? A decision that can bring many questions and uncertainty. Who will live where? Will one of you continue to live in the old house or will it be sold? And what happens to the mortgage? How will the finances be divided?
Sometimes there is a clear desire to sell the house and both start over. That is possible, the mortgage is then paid off and the surplus value is divided between both partners. Often, continuing to live in the home has many advantages for either person. This way you can often take the interest with you from the mortgage. In the event of a divorce, the maximum mortgage is also calculated in a different way. This means that there is often more possible than one initially thinks.
If a decision has been made about the future of the home, a mediator is strongly recommended. The mediator can assist you in making decisions about, for example, partner/child maintenance, transferring debts and dividing the household effects.
Do you have equity in your home and would you like to have part of the equity paid out? There are options for that. We then calculate, based on income, whether we can increase the mortgage in order to receive benefits. The money that is released is often used for pension supplementation or consumer purposes such as purchasing a camper, car or the like.
Is refinancing a good idea? Whether it is beneficial to switch depends on a number of things. It depends, among other things, on the fixed interest period, the mortgage type and the conditions of the current mortgage. Is your fixed interest period ending soon? Then you can often transfer without compensation.
Options in your situation:
1. During a fixed interest period.
If you refinance your mortgage during the fixed-interest period of your mortgage, you often pay a fine. However, it can be beneficial to transfer your mortgage.
2. When your fixed interest period ends.
You are free to transfer your mortgage to another provider. In this situation you often do not have to pay any compensation to your bank.
3. If you increase your mortgage.
If you want to increase your current mortgage, it is often wise to look at other providers together with your mortgage advisor. Perhaps the interest rates are more favorable at another bank or insurer. In this case, take costs into account.