Many people are afraid of the architectural costs , if you are planning a home, and are therefore increasingly choosing prefabricated houses or houses from the property developer. The fact that an architect's house does not have to be more expensive at all is something few people know. Architects in Germany are subject to the so-called & 980; Fee Regulations for Architects and Engineers , in short: HOAI.
Life of a human being - it provides security, security and is the place of action of one's own ideas and plans. These positive characteristics mean that home buying is almost inevitably perceived as a long-term goal. Many are willing to accept high hurdles and losses. The key factor here is real estate financing, which has been associated with low interest rates for a long time.
In Germany there are about one million buildings under listed buildings . A large part of them are residential properties: half-timbered houses in villages, pre- and post-war bungalows, country houses from the famous Jugendstil epoch, Gründerzeit blocks in metropolises and former factory buildings converted into lofts.
Many people dream of living in their home own house to live. About four million people each year plan to build or buy a home over the next two years. Fulfilling this dream is borrowing for most Germans. Mortgage lending is the biggest financial task most people take on in their lives. Between ten and 30 years, most consumers need until they have paid off their loan.
Germany is generally not as the "land of the homeowner", property ratios are also historically rather low. But for years, a trend is emerging, fed by a period of low interest rates and government incentives for builders. Promotional banks such as KfW and municipal institutes have specialized in energy efficiency houses and the modernization of old buildings.
For years, the interest rates for real estate financing in the historical low, effective annual interest rates below 2 percent were possible. This led to growing construction activity and rising real estate prices, especially in the major cities that were in demand anyway. But there are increasing signs that this long-term low-interest phase is coming to an end.
The energy-efficient house is in That is why more and more homeowners decide not only to meet the minimum standards in terms of energy, but to save even more energy and thus costs. However, there is another reason for the energy-conscious trend in the construction sector: anyone who builds energy-efficiently can use government subsidies.
As has already been extensively reported on this portal, homebuyers not only accept all the positive aspects, but also those risks for which homeowners naturally have to pay. According to a recent analysis, the reasons for a late failure of mortgage lending are that insufficient reserves have been set up and at low times a low interest rate with equally low repayment has been chosen.
As a builder, you always stand between the fronts, different demands and claims are brought to you. On the one hand by contractors, phased approvals and advance payments. On the other hand by the financing partner, usually a bank, which demands extensive information, documents and documents. Once all this has been achieved, looking at the exact terms and conditions of the contract does not necessarily irritate you - it should rather be the way it has been doing for some time.
It could not be deeper: the interest currently payable on a Home Financing is near the absolute low. No wonder, then, that more building pre-demands are being made at the offices, which want to raise something new on fallow building land. However, anyone who reacts too hastily now goes totally wrong with this very serious decision.
