* Transfer Tax Exemption Update 2023*
As of 2023 the purchase price criteria, to benefit from the transfer tax exemption, was extended to an amount below 440.000 euros (instead of an amount below 400.000 euros, mentioned in my video).

In this video I share with you my take on the process of buying a house in The Netherlands. I provide some tips regarding the offer and how can you leverage the information available via the owner’s association. I tried to go through the main steps of buying a house and mention topics that are very specific to the Dutch context, such as ground lease, criteria for transfer tax exemption and the National Hypotheek Garantie.

It is also interesting to mention that in The Netherlands you can finance up to 100% of the market value of a property! Purchasing costs and financing fees can’t be included in the mortgage. I do a simulation of these costs in the video!

I would like to clarify that it is not mandatory to hire a real estate agent (I bought my house without one).

I hope this video provides some value and helps you to have an overview on what you might come across when buying a house in The Netherlands.

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⏱️Chapters⏱️
00:00 Start
00:06 Know your budget
00:49 Mortgage Advisor
01:58 National Hypotheek Garantie (NHG)
03:39 Find your home
04:02 Ground Lease
05:28 VvE - Owner's Association
07:09 Visits
08:44 Offer
09:15 Clauses in the offer
12:14 Property valuation
13:08 Loan paperwork
13:52 Transfer Date + Notary
14:55 Additional costs
16:21 Costs simulation

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Links:
➡️Online Mortgage Calculators:
ABN Amro https://www.abnamro.nl/en/personal/mo...

Hypotheker https://www.hypotheker.nl/zelf-bereke...

Expat Mortagage https://expatmortgages.nl/mortgagecal...

ING https://www.ing.nl/particulier/hypoth...

Consumentenbond https://www.consumentenbond.nl/hypoth...

➡️National Hypotheek Garantie https://www.nhg.nl/english-summary/

➡️ Funda https://www.funda.nl/

➡️ House Visit Checklist: https://drive.google.com/file/d/1jfFi...

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DISCLAIMERS

This content is for education and entertainment purposes only. Mafalda does not provide tax or financial advice. The information is being presented without consideration of the financial objectives, risk tolerance, or financial circumstances of any specific viewer and might not be suitable for all viewers.