Buying a new-build home has a number of advantages, including:
With a new-build home, the construction company often offers you options to fully customize the home to your wishes. These options are included in the buyer's choice list, which usually consists of three parts:
After purchasing the home and as soon as the builder has determined the schedule, your choices are recorded during a meeting with the buyer's advisor. This so-called additional work can be included in the financing of your mortgage.
An option gives you time to decide whether you want to buy the new-build home. During this period, we will reserve the building number for you free of charge. The term of the option will be determined in consultation. During this time, we will ensure that you receive all the information you need to make a choice. In addition, we will assist you, possibly together with specialists, with:
The most optimal financing depends on your personal situation, such as your living situation, your own money or help from parents. It is important to map out both the financial consequences and the feasibility of the purchase. Also keep in mind that buying a new-build home is different from buying an existing home. That is why it is wise to contact an independent financial advisor who can guide you through this. Would you like more information or a free and non-binding consultation? Feel free to contact us!
If you own a home, it is important to have the value and any surplus value or residual debt of your home determined for a complete financial overview. Makelaardij Van der Linden, together with our partners, is happy to offer you a free valuation and sales advice.
Do you choose to sell your current home first before buying a new-build home? Then there are various options available. Feel free to contact us to discuss the possibilities!
In the purchase/construction agreement, the contractor undertakes to build the home and deliver the associated land. The buyer undertakes to pay the purchase price and other costs. The following items are usually included in the agreement:
Once all the suspensive conditions have been met, the land can be taken into ownership. The notary will invite you to sign the mortgage deed (land deed). The contractor will keep you as the buyer informed of the actual start of construction. If construction has already started, you will pay the notary the land costs, the already expired construction terms, and any land and construction interest.
After signing the mortgage deed at the transfer, you must in principle start paying the bank the full interest on the borrowed amount during construction. However, the bank can deduct an interest amount, which you will get back, because part of the mortgage amount remains in escrow. As a result, you only pay interest on the amount borrowed. Ask your mortgage advisor about the conditions
After payment of the last term, the house is ready and the keys are handed over. You can now finish the house according to your own wishes.
Free on name means that the costs for transferring the home are for the account of the seller. This includes transfer tax and notary costs. The notary costs for establishing a mortgage are not included; these are for your account as the buyer. New-build homes are often offered for sale v.o.n. We clearly inform in advance which costs are for the account of the seller and which for you as the buyer. This way you will never be faced with surprises afterwards.
In the case of new construction, the land is settled immediately upon passing the mortgage deed, together with any expired construction terms. The remaining amount is for the coming construction terms and interest loss during construction and is often deposited in a deposit. The remaining construction terms and interest are paid from this deposit. You will receive interest on the deposit, but this is treated as a debt in box 3. For two years after signing the purchase or construction agreement, the interest received from the deposit may be deducted from the interest paid. After two years, the deposit becomes a debt in box 3. The additional interest on the co-financed part of the loan is not deductible, but the interest itself is. Ask your mortgage advisor about the conditions.
When the contractor has sold enough objects, the irrevocable building permit has been obtained and Woningborg has approved the plan, the buyer will receive a letter confirming that construction can begin.
A few weeks before the delivery of your new-build home, the preliminary delivery (preliminary inspection) takes place. You can inspect the home and report any defects to the contractor, who can remedy these before the official delivery. Upon delivery, the contractor himself draws up a report of the delivery, in which defects are noted. He can make reservations about points that he believes have been incorrectly stated. Defects must be remedied within three months. The report is signed by both parties.
If the contractor does not meet his obligations, you can apply the 5% scheme. This means that you only pay the last 5% of the contract price once the defects have been remedied. The amount is deposited with a notary and is released after three months, unless you choose to retain the amount for longer by sending the notary a letter requesting that the amount be retained.
