Mortgage types
With an annuity mortgage, you pay interest and repayment every month.
With a linear mortgage, you repay a fixed amount each month.
With an interest-only mortgage, no mandatory repayment is made during the term.
With an investment mortgage, capital is built up through investments.
A savings mortgage combines mortgage interest with linked savings accumulation.
A life insurance mortgage links the mortgage to a life insurance policy.
An equity release mortgage allows homeowners to use part of their home equity.
The OpMaat Mortgage combines different mortgage components.
Interest & Financing
LTI stands for Loan to Income.
LTV stands for Loan to Value.
A first-time buyer buys their first owner-occupied home.
A next-home buyer sells one home and buys another.
A remortgaging client replaces an existing mortgage with a new one.
A second mortgage is an additional loan secured by the home.
A bridge loan temporarily bridges the expected equity from a current home.
A construction deposit account reserves money for new-build or renovation costs.
The fixed-rate period determines how long your mortgage interest rate is fixed.
Nominal interest is the basic rate; effective interest gives a fuller cost picture.
With a variable interest rate, the mortgage rate can change during the term.
An interest-rate decision period lets you agree in advance how a new rate will be chosen.
Interest rate averaging can lower the monthly rate without fully remortgaging.
Early repayment means paying extra towards your mortgage before the end of the term.
Payment protection insurance can temporarily help cover housing costs.
An annuity insurance policy can build additional retirement income.
A family loan is a loan between family members for the owner-occupied home.
Student debt can affect the maximum mortgage amount.
Private lease can reduce the maximum mortgage amount.
UWV manages information about employment history, wages and benefits.
A prospects statement can support flexible workers in a mortgage application.
A labour market scan assesses a person’s position in the labour market.
Regulations & Advice
The AFM supervises financial service providers in the Netherlands.
The GDPR protects consumers’ personal data.
Home & Buying Process
The purchase agreement (koopovereenkomst) records the arrangements between buyer and seller.
Buyer’s costs means that additional purchase costs are paid by the buyer.
Vrij op Naam means that certain purchase costs are included in the price.
The deed of transfer arranges the legal transfer of ownership of a property.
EBV stands for energy-saving facilities.
A valuation determines the market value of a home.
An EnergyLabel shows how energy-efficient a home is.
A foundation label gives insight into possible foundation risks.
A construction agreement is used for new-build or renovation projects.
The statutory cooling-off period gives buyers a short time to cancel a home purchase.
Taxation
Transfer tax is a tax due when buying a home or other real estate in the Netherlands.
The repayment position can limit future mortgage interest deduction after selling a home.
Mortgage interest deduction can provide a tax benefit.
The WOZ value is used to calculate the deemed rental value for tax purposes.
The home equity reserve usually arises after selling a home with equity.
Owner-occupied home debt is the part of the loan on which mortgage interest deduction may apply.
The anti-cumulation rule prevents double taxation in a quick resale.
The Hillen Act gave a tax advantage to homeowners with little or no mortgage debt.
Schemes & Structures
NHG is the Dutch National Mortgage Warranty and can provide extra protection with a mortgage.
The Starter Loan helps first-time buyers purchase their first home.
The Blijverslening helps residents adapt their home for long-term living.
The Combination Loan is linked to the SVn Starter Loan.
WEW is responsible for the policy and operation of NHG.
SVn supports municipalities and provinces with incentive loans.
MVE-D is a purchase structure aimed at affordable home ownership.
Legal & Securities
The mortgage deed legally establishes the mortgage right.
Registered property requires registration in public registers for transfer or security rights.
A letting clause restricts renting out the property without the lender’s permission.
With joint liability, a third party is legally responsible for the mortgage debt.
Additional collateral means that another registered property is also used as security.
With a guarantee, a third party may be held directly responsible for payment.
With suretyship, someone guarantees another person’s debt.
Pledge establishment means creating a pledge right as security.
Additional collateral means that an extra asset is provided as security.
With a pledge, a right or asset is given as additional security.
VerVier Group supports independent financial advisers.
A Comparison Chart shows which services a financial adviser offers.
A services guide explains how a financial adviser works.
The remuneration policy describes how employees and advisers are rewarded.
Kifid handles complaints about financial services.
De Nederlandsche Bank supervises banks and financial institutions.
The Sanctions Act requires financial parties to check sanctions lists.
The Trhk contains Dutch rules for responsible mortgage lending.
The Wft contains quality requirements for financial services in the Netherlands.
The Wwft requires financial service providers to identify clients and check the origin of funds.
