Skip to main content
Home

Main navigation

  • Top stories
  • Health
  • Crime
  • Politics
  • Business
  • Tech
  • Culture
  • Sports
  • Weird
  • 1-1-2
Image
mortgage application form
applications for mortgages rose in December - Credit: BrianAJackson / Depositphotos - License: DepositPhotos
Business
mortgage application
housing market
coronavirus crisis
pandemic
Covid-19
Hypotheken Data Netwerk
Monday, January 4, 2021 - 14:45
Share this:
  • facebook
  • twitter
  • linkedin
  • whatsapp
  • reddit

Mortgage applications skyrocketed in December

The number of mortgage applications was significantly higher last month than it usually is in December. This was shown in the data from Hypotheken Data Netwerk (HDN) on Monday. In the last month of 2020, 40,458 mortgages were taken out, well above the average of the December months in the previous four years, which was 30,015. 

It comes as no surprise that more mortgages were applied for last December, says HDN director Reinier van der Heijden. Normally, fewer mortgage applications are submitted in December due to the holidays, but “because Christmas was partly on the weekend this year, we already expected that the number would turn out higher than last year. But this final score is still very high,” says van der Heijden. 

Despite the coronavirus crisis, the housing market remained in full swing in 2020. For example, there were 15 percent more applications for mortgages in the third quarter compared to the same time last year. In the first half of 2020, the number was even 40 percent higher than in the first half of 2019. 
 

Follow us:

Latest stories

  • RIVM concerned about monkeypox spreading at Pride events
  • Tractors used to block several Dutch highways bringing traffic to a standstill
  • Two Dutch hurt after crashing trike over cliff in northern Italy
  • Randstad-Groningen direct train connection gaining steam
  • Increase in travel allowance means nothing for millions of workers: trade union
  • Baggage chaos at Schiphol: Unattended suitcases, strollers pile up

Top stories

  • RIVM withheld concerns over overtaxed hospitals at start of pandemic: report
  • No buses in Utrecht, Amersfoort as regional public transport workers strike
  • Schiphol ignored proposed solutions to crowds, chaos: report
  • Hundreds of passengers evacuated from stranded train; some NS delays on Sunday
  • Suspect apprehended after getting stolen camper stuck in Maas river
  • German police arrest Dutch man who mailed envelopes of drugs

© 2012-2022, NL Times, All rights reserved.

Footer menu

  • Privacy
  • Contact
  • Partner content