Anyone who is currently looking for a property and needs the corresponding financing will have been sobered to discover that interest rates have almost tripled compared to January 2022. A large proportion of prospective buyers therefore hardly have the chance to buy a flat or a house any more; the monthly burden for interest and repayment is simply too high.
Construction interest rates are still low, and this is a welcome development not only to potential buyers but also to owners – and not just when the term of their loan is about to end. Well-chosen follow-on financing means financial security. When it comes to arranging for their follow-on financing, the willingness of property owners is relatively high – not every financial topic is so self-evident for consumers.
To give you an overview of the residential property market in Germany, we have broken down the individual types of use and their advantages and disadvantages for you. Especially as an investor, you want to know what opportunities the German real estate market offers you. And hey - even a property you use yourself is an investment - perhaps the biggest one you've made so far.
Do you finally have your sights on the ideal property? Here's what you need to know in order to get the right loan – and how to find a good renewal mortgage. When the dream of owning your own home becomes a reality, the focus shifts to solid financing. This is because most people need to take out a loan in order to close the gap between ...
You are an expat living the life in Germany. You have a highly paid job, live in a metropolitan area, and feel at home here. Maybe you have started a family and would like to own your own home, because the cost of renting a house or a nice large flat significantly exceeds what you could be paying for a mortgage.
Germany is a hugely popular place to buy real estate. But if you're looking to buy German property, where should you start? This article will provide some useful context on the German property market, take a look at the various strategies available when seeking to buy German real estate, and compare the main online platforms serving the market.
Couples need to ensure that their financial retirement planning is carefully matched to their risk planning. It is still a harsh reality: When it comes to pensions, women in Germany lag behind men, with regard to both - later income and active planning for retirement.
Have you done a lot for your employer over the past few months and developed yourself further? Then you deserve a pay rise, too. For those who don’t want to wait until their next annual appraisal, there are five classic situations that each provide the perfect occasion for a successful salary negotiation.
When purchasing a property, the seller's building insurance is transferred to the buyer. Natural hazards, outstanding premium payments and conversion - things the new owner should pay close attention to. Well-maintained second-hand buys” are popular: and not only when it comes to cars, but also property.
Occupational disability is not an easy topic. Many people ignore it, while others put it off. Here are five common misconceptions and prejudices – and things you should know to cover yourself in the worst-case scenario.