Property tax for Dutch homeowners is increasing by an average of 2.2 percent in the coming year, according to own home association VEH after surveying 111 municipalities. The outlier is the municipality of Cuijk, where property tax is increasing by 32 percent, from 259 euros to 342 euros. This comes on top of a 12 percent increase implemented last year, NOS reports.
Home buyers with a mortgage that has a longer fixed interest rate period are often misled by the so-called moving scheme, according to the own home association VEH. New buyers who sign a mortgage with National Mortgage Guarantee and an interest rate period of 20 or 30 years, get duped when the move to a home that is not eligible for the National Mortgage Guarantee, the VEH said on Tuesday, NU.nl reports.
The association examined the moving conditions of 35 mortgage providers and concluded that clients of ING, bijBouwe, Allianz and Hypotrust Goede Start all fall into this trap.
Dutch mortgage company Obvion, employment agency Randstad and the home owners association VEH have teamed up on a project to help people with flexible employment get a mortgage, Nos reports quoting Reuters.
House owners with mortgage problems can report their complaints about banks to an association for people who own a house, Vereniging Eigen Huis (VEH).