According to a recent report published by ING Bank, only 4% of all homeowners in the Netherlands have a hard time meeting their monthly mortgage obligations. This makes the Netherlands the best scoring country of those evaluated.
From February 14-15, the annual Mortgage Event (Hypotheken Event 2017) was held in Utrecht. During this two-day conference the entire Dutch mortgage industry get together for the lateste mortgage trends and developments. The conference was kicked off with presentations from the Ministry of the Interior and Kingdom Relations, De Nederlandsche Bank (DNB) and the Amsterdam School of Real Estate.
Pension funds and insurers have made a move on the Netherlands’ €660bn home loan market, bypassing traditional lenders. In 2012 no bank, it seemed, was lending money to people who wanted to buy a home.
Stef Blok, Minister for Housing and the Central Government Sector, has visited the Munich EXPO REAL 2016, the International Trade Fair for Property and Investment. During the three-day EXPO, over 1,700 exhibitors present their wares in the real estate and investment business to over 39,000 participants from 77 countries. The Netherlands were well represented and in the top ten of countries among exhibitors and visitors.
The demand for non-regulated rental housing is increasing. A well-functioning non-regulated segment of the housing market is important to serve households who prefer flexibility or who don’t have access to the regulated rental market or to owner-occupied housing. The non-regulated housing market is historically small, especially the number of rental houses with monthly rents between 710-1000 Euros, also known as the middle segment.
Existing owner-occupied homes were 6.0 percent more expensive in August than in August 2015. This is the biggest increase in 14 years. House prices have been increasing since June 2014. House sales have increased with 21.3 percent to 132,910 houses in the first eight months of this year.
Merius will focus on first-time buyers, repeat buyers and mortgage refinancing. Merius will initially offer non-NHG mortgages. In time, the product range will be expanded with NHG-mortgages. Funding is derived from a Western European insurance company.