top of page
Construction deposit account
A construction deposit account reserves money for new-build or renovation costs.
A construction deposit account is used to hold part of the mortgage for new-build work or renovation. Invoices are paid from this account as the work progresses. Lenders apply specific rules for drawdowns, interest and time limits.
Useful link:
Category:
Interest & Financing
Tags:
bouwdepot, nieuwbouw, verbouwing
bottom of page