General information

In one of the most densely populated countries in the world, the relative shortage of rental properties inevitably leads to insufficient housing supply.

Even though renting a place offers flexibility and certain rights, buying a property in the Netherlands is considered a good financial investment.

Property buying checklist

Since buying a house in the Netherlands is an important financial decision, preparation is vital:

Be an informed buyer and thoroughly examine:
- available housing types in the Netherlands
- choosing the right location
- information about rental contracts and rent levels

 Be fully aware of your financial / credit situation and budget; keep a detailed record of:
- current loan payments
- monthly expenses (food, childcare, utilities, insurance, taxes etc.)
- non-fixed / personal expenditures (medical expenses, entertainment etc.)

 Get familiar with the Dutch mortgage procedures and estimate the mortgage payments.

 Organise your move; contact numerous relocation services and ask for tailor-made offers beforehand.

checklist home mortgage
Photo by Flickr user alancleaver_2000

Things to consider when buying a house in the Netherlands

› Always check:
- Who owns the house / property and why is he / she moving out.
- How many others are interested in the same house / property.
- How quickly the seller needs to sell.
- How long has the house been on the market.

› Viewing the property:
- View the house during daytime to spot problems and if you are really interested visit again at a different time of the day.
- Try not to view too many houses in one day.
- Keep detailed notes regarding the places you visit.
- Take your time and do not hesitate to ask as many (relevant) questions as possible.
- Inspect the neighbourhood.

› More:
- Seasonality could be an important factor; demand may be a bit lower during winter and autumn.
- During negotiations stay polite, cool and clearly show that you are fully informed.
- Do not get too attached to one property; usually, time is on your side.
- Avoid complicated procedures like bidding wars and sealed envelopes.
- Build a solid relationship with the seller. It could well be the case that there are many potential buyers like you so you need to stand out from the crowd.
- It may be harder for non-EU citizens due to stricter requirements.

› Why buying?
- Pride of ownership; owning a house offers a sense of stability and security.
- Control over the property (decoration changes, pets, noisy activities etc.).
- Great financial incentives / tax benefits.
- Buying a property can be a good investment.

› Why renting?
- Mobility; rental contracts can be terminated within a period of two to three months.
- Budget assessment and fixed rental costs.
- Major repairs and routine maintenance are (usually) landlord’s responsibility.
- There is no reason to resell before moving out.

Dutch to English mini mortgage dictionary

Buying a home is a complicated process even in your native language, so here is a list of mortgage terms in English with their Dutch equivalents!

Young buyers give Dutch housing market a boost

New data from the Kadaster shows that more than half of the 12.000 houses sold in the Netherlands in May 2014 were to buyers under 35 years old.

Mortgage advice costing much less due to greater competition

The 2013 ban on charging commission on complex financial products has led to a decrease in the cost of applying for a mortgage in the Netherlands.

Mortgages: things worth knowing for 2014

Henk van Seijen from Finsens discusses all the most importnat changes relating to mortgages in the Netherlands for 2014.

First-time renters and buyers still making an impact in Amsterdam

A study by the University of Amsterdam reveals how young people and first-time buyers continue to transform the housing market in Amsterdam.

New loan for house-buyers in The Hague

The municipality of The Hague launches a new loan scheme in autumn 2013, providing financial support for new house-buyers' renovations and maintenance.

News for home buyers in the Netherlands

The transfer tax reduction was a pleasant surprise for prospective homeowners in the Netherlands. However, there are some significant changes too.

Rent or buy?

Should expats in the Netherlands rent or buy a house? Have a look at the pros and cons or renting vs buying a property in the Netherlands.

Buying a house in the Netherlands

Many expats consider buying a house in the Netherlands. Which are the steps you need to consider? Which papers you need? What about taxation, mortgages and insurances?

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