What is a hypotheek?

the mortgage; the home loan.

How do you get a hypotheek in the Netherlands?

When you apply for a mortgage (hypotheek) in the Netherlands, you’re bound to the same conditions as Dutch natives. You have to work and live here and the lender will need information about your income and debts, the property value, your employment agreement, your marital status and more.

How much can you borrow for a mortgage Netherlands?

In the Netherlands, you can get financing of up to 100% of the (market) value of your house. So if the value is €300,000, you can get a mortgage for as much as €300,000.

Can Expats get mortgages?

You can get expat mortgages and expat remortgages for residential and buy-to-let properties. They’re available on repayment and interest-only bases, as well as with fixed, tracker and discount rates.

Do I need a mortgage advisor Netherlands?

When it comes to buying a house in the Netherlands, there are many steps that you may feel qualified to do by yourself: go to a viewing, find a potential property or even manage the bidding process! But if there’s one thing that’s almost always necessary — it’s a mortgage advisor.

How much deposit do I need to buy a house Netherlands?

In the Netherlands your mortgage lender doesn’t require you to make a deposit. However, you do have to pay a pre-sale agreement deposit to the seller after you’ve signed the preliminary purchase agreement. In general, this is 10% of the purchase price of your new property.

Can I have 2 mortgages Netherlands?

In the Netherlands it is possible to get a second mortgage on your house. However, this only holds for the annuity or linear mortgage. Because getting a second mortgage involves some extra costs, another option could be to remortgage your current loan to a new mortgage with a higher (mortgage) amount.

How much deposit do you need for an expat mortgage?

Expat mortgage deposit requirements The deposit you will need for an expat mortgage is usually 25% of the property’s value, but this can vary depending on the location and the property type. A select few lenders may require less under the right circumstances.

How much does it cost for a mortgage advisor?

Mortgage advisers offer options between 0.4% and 1%. The exact amount mortgage brokers charge varies, but it is rare for them to not charge a fee if they are independent. When looking for the best mortgage broker fees, make sure brokers are not asking for a fee that is higher than 1% of your mortgage.

Do you really need a mortgage advisor?

It’s important to see a mortgage adviser at the start of your mortgage journey whether it’s your first mortgage or your looking to re-mortgage. It will save you a lot of time and effort in the long run. Mortgage advisers connected directly to lenders usually only recommend mortgages from that specific lender.

Can foreigners buy property in the Netherlands?

Foreigners can purchase property in the Netherlands, whether they remain residents or live remotely. This means you do not have to sell your house if you return home or have to leave the country. You can rent it out for extra income instead.