5 Tips on how you can prepare for the homebuying process
Although the prices have dropped over the last months, you’ll see that, in the cities, the housing market in the Netherlands is still a competitive market. Especially for well-maintained mid-priced, affordable apartments and houses. So, how do you get started in this market? The key is to be well prepared, so you can beat the competition. Here are some useful tips! 1. Find a mortgage advisor To be eligible for a mortgage, you first need an income in the Netherlands and a citizen service number (BSN). You could go online and use a mortgage calculator to find out what your maximum mortgage will be, but there is much to consider when it comes to your budget. A good place to start is with a visit to your bank, but it’s even better to make an appointment with an independent mortgage advisor. It might cost a bit more, but they can save you money by finding a better mortgage solution as banks just present you with their own loan products. The documents that you will need to have to get a mort...