The Netherlands' lovely cities and villages, the option to commute by bike, and our pretty relaxed culture; sure, we get it, you want to buy a house in the Netherlands! But how do you get started? Because there are quite a few typical Dutch rules and regulations to keep in mind when buying a house.
This is because the house serves as collateral for the mortgage.
The purchase agreement is binding after a three-day reflection period. This makes it extra important to double-check all the terms and conditions in the agreement. For your own safety, you can also include clauses in your bid (like a financial clause or a technical inspection) to cancel your purchase without penalties.
Standard residential mortgages stipulate that the home must be occupied by the owner: letting is usually not permitted. There are a few providers who offer buy-to-let mortgages though.
Everyone has the same options for the same mortgage product. It is prohibited to negotiate on the interest rate of your mortgage product, and mortgage providers cannot differentiate on the conditions of your mortgage.
You always pay a fee for your mortgage advice, whether you obtain it from an independent advisor or directly from a bank.
The amount you can borrow is not mortgage provider-dependent. The Dutch government decides the maximum amount you can borrow based on your income and the collateral.
The mortgage provider needs to see the appraisal report before approving your mortgage.
It depends on the rules in the country of the donor if taxes need to be paid over the received donation.
Want to know the details? Andrew can tell you all about it in this video:
Within the timespan of a single evening, Viisi’s advisors will address all the topics that are pivotal to the process of getting your bespoke mortgage. They will be happy to answer your questions while you enjoy some drinks and finger food.
Viisi’s specialised expat advisors will address many topics, including: