The Christmas Holidays always prove to be a great time for making plans for the coming year! Are you dreaming about a new place? Would you like to make your current home more sustainable? Or thinking about expanding your home with a great garden house?
Then we are happy share some good news with you!
Opportunities in 2023
Let’s start with the housing market. Although (or maybe, because of) the rise of interest rates, the market is shifting and cooling down. Great news for people who’ve been eager to buy a home. We believe 2023 will bring interesting investment opportunities for home buyers.
Also, the energy prices are going through the roof. This might not be your favourite way to spend your money… So if you are thinking about options to make your house more sustainable to save energy costs? Please note that the government and mortgage providers are there to support you in financing the investments.
So if you are making new plans and you are investigating your mortgage options? It’s good to check out the Mortgage Guidelines 2023 from the Dutch regulatory.
Important changes in the dutch mortgage system
There are important changes for 2023. We’ve listed important ones below.
- The Transfer Tax discount limit will increase
People under the age of 35 do not have to pay transfer tax if they purchase a house below € 440,000. This only counts if you haven’t made use of this advantage in the past. This is positive news! Because in 2022 the purchase price was limited to houses below € 400,000.
- The National Mortgage Guarantee limit will increase
If you buy a house with a purchase price or value below € 405,000 you can claim a mortgage with the NHG (in 2022 the limit was € 355,000). This is also positive! Because the NHG gives you the option to claim better mortgage conditions.
- Update maximum mortgage calculation
Each year the government re-evaluates the regulations regarding the loan – to – income ratios. For 2023 they decided to (slightly) lower the average borrowing capacity. If you are interested in the impact of this change on your specific situation (upfront)? Please let us know! We will update your calculation.
- The one-time gift limit will decrease
In 2022 parents were allowed to gift their children € 106,671 (tax free) for the purchase of a property. In 2023 the limit of the tax free gift will decrease to € 27,231.
Making your current home sustainable
Like last year the government and also mortgage providers will offer opportunities to help making homes more sustainable.
Important to know:
- The vast majority of lenders offer an interest discount if a home has a favorable energy label (label A+++ – to B).
- Lenders offer a credit facility purely aimed at energy-efficient-related investments. It is usually a loan of a maximum of 15 years at very favorable rates.
Especially with the current high energy prices we advise to take this into consideration. And if you need help? We are more than happy to assist.
What Klår can offer you
At Klår we know that arranging a mortgage is often considered as a stressful process. Not with us though: at Klår we have the ambition to make you feel comfortable, well looked after and in control throughout the whole journey. So if you have questions about mortgages, your financial possibilities or if you just like to spar about how to make your dream reality? Don’t hesitate to contact us.
Feel welcome at Klår!
Do you have any questions?
