Buying another home
Future Plans: Make sure the new home fits your long-term goals.
Are you considering buying another house? Whether you want more space, wish to be closer to family, or simply desire a new environment, buying a new home brings exciting opportunities. At the same time, it involves important financial and practical decisions. We're here to guide you through this process and ensure your new home aligns with your wishes and financial situation.
From assessing your budget to arranging your mortgage and any bridging loans, we can help with everything involved in buying a new home. Let us assist you in making your moving plans a success!
Our Service
A solution for every goal
Buying another home is an exciting step, whether you want more space, are considering a holiday home, or want to buy a property for rental. Each goal requires specific attention and financial advice. We're happy to help ensure this process goes smoothly.
Moving Yourself
If you want to move, for example, due to a growing family or a preferred location, it’s crucial to have a clear understanding of your financial capabilities and borrowing capacity. Holiday Home A second home for recreation is popular but comes with specific challenges. Typically, there is a lower borrowing capacity, and there are separate rules for securing a mortgage for a holiday home.
Holiday Home
A second home for recreation is popular but comes with specific challenges. Typically, there is a lower borrowing capacity, and there are separate rules for securing a mortgage for a holiday home.
Rental Property
Purchasing a property to rent out can be a smart financial decision. It's important to be aware of special mortgage conditions and tax regulations that apply to investment properties.
Investing in Real Estate
Buying a second home as an investment is becoming increasingly appealing. Due to rising property prices, you may be able to sell the property for a profit later, making it an attractive form of wealth-building.
Downsizing
For some, less space is actually the goal, for example, when the children have moved out. A smaller home can be a better fit for a new stage in life and can help reduce living costs.
Important Considerations
Mortgage Options: Can you transfer your current mortgage, or is it more advantageous to secure a new one?
Cost Breakdown: Be mindful of costs such as transfer tax, realtor fees, and potential double mortgage payments.
Regulations: Rental or holiday homes often have different mortgage conditions and tax rules.
Sale of Your Current Home: If your current home has not yet been sold, a bridging mortgage may offer a solution.
Future Plans: Zorg dat de nieuwe woning past bij jouw wensen op de lange termijn.
What you need to know when buying or moving to a new home
Buying a new home or moving to a different property is an exciting, yet significant step. Whether you need more space, want to purchase a second home, or are planning to downsize, it’s important to be well-prepared. We’ll assist you every step of the way, ensuring you navigate the process with confidence. From financial preparation to handling practical matters, here’s what to consider and how we can support you.
Your finances in order
Before purchasing a new home, it’s crucial to have a clear picture of your finances. We’ll work with you to ensure everything is in place:
- Reviewing Your Mortgage Options: We’ll examine whether you can transfer your existing mortgage or if securing a new one is more beneficial.
- Setting a Realistic Budget: Together, we’ll calculate what you can afford, taking into account your savings, potential equity, and your financial situation.
- Temporary Dual Payments: If your old home hasn’t been sold yet, we’ll discuss how to bridge the gap and manage any temporary dual mortgage payments.
Selling your current home
The sale of your current home plays a key role in purchasing your new property. Here’s how we can assist you:
- Valuation: We arrange a professional property valuation to help you determine a fair selling price.
- Smart sales strategy: With experienced real estate agents, we ensure your home is presented attractively and sold quickly.
- Equity or remaining debt: We show how the proceeds from your old home impact your financial options.
Finding and buying your new home
Buying a new home involves important decisions. We guide you through this process:
- Critical viewing: Together, we examine the property’s condition, the neighborhood, and potential improvements.
- Making a strong offer: With tools like a bid certificate, you’ll be in a stronger position during negotiations.
- Essential inspections: We help you verify zoning plans, structural details, and other important aspects.
Handling rules and administration
A lot of paperwork and regulations come with purchasing a new home. We take care of this for you:
- Notary services: The transfer of ownership and registration in the land registry are fully managed.
- Cost breakdown: We ensure you know exactly what to expect, including transfer taxes and additional fees.
- Energy savings: We discuss options for sustainability, such as insulation or solar panels, to help lower your living costs.
Practical moving considerations
A move requires good preparation. We ensure everything goes smoothly:
- Planning the move: We assist with creating a plan and arranging a moving company.
- Address changes: We ensure your new address is communicated to all relevant organizations and companies on time.
- Updating insurance: We provide advice on updating your contents and home insurance policies.
Expert advice
We make sure you can enjoy your new home without any worries:
- Building inspection: Have an inspection done to avoid any unexpected surprises.
- Tailored mortgage: Our advisors find the best mortgage that suits your specific situation.
- Future-proof living: Together, we explore energy-saving and sustainability options for your new home.
Home equity
Has the value of your home increased since you took out your mortgage? If so, you may be able to release the equity, allowing you to use the difference between your current home value and mortgage debt for renovations, buying a new home, or other financial purposes. We are here to help you understand how this process works and what the best options are for you.
Porting your mortgage
When moving, you may be able to transfer your existing mortgage to your new home. This can be advantageous if your current interest rate is favorable or if you'd prefer not to go through the application process for a new mortgage. By transferring your mortgage, you retain the terms of your current loan, which can save on costs and administrative hassle. We are happy to help you determine if transferring your mortgage is the best option for you and guide you through the necessary steps.
