Homeowners take out a mortgage more often to be able to renovate, reports the Mortgages Data Network. The largest group of renovators consists of 35 to 40-year-olds.
Last month, 8 percent more mortgages were requested than in August 2024. A total of 36,075 loans, of which almost one in five was intended for a renovation.
Homeowners from 35 to 40 years often borrow for a renovation. Their average loan amount rose by 11 percent in a year to 61,800 euros. A salary increase helps to be able to borrow more.
With the high home prices, it can be many times cheaper to build square meters than buy a larger home. In addition, it saves energy costs to invest in sustainability.
Almost one in five homes that was renovated had energy label C, sees HDN. Almost all mortgage applications in the Netherlands go through his network according to HDN.
HomeOlners Are Increasingly Taking Out Mortgages to Be Able To Renovate, Accordination to the Mortgages Data Network. The Largest Group of Renovators Consists or 35 to 40 Year Olds.
Last Month, 8 percent more Mortgages Were Requested than in August 2024. In Total, This Concerned 36.075 Loans, Almost One in Five of which was intended for a renovation.
HomeOlners between the ages of 35 and 40 or Borrow More for a renovation. Their Average Loan Amount Increased by 11 percent to 61,800 euros in one year. A Salary Increase Helps to Be Able to Borrow More.
With high house prices, it can be many times more advantageous to add square meters than to buy a larger house. In Addition, Investing in Sustainability Saves on Energy Costs.
Almost One in Five Homes That Were Renovated had Energy Label C, Accordance to HDN. Virtualy All MortGage Applications in The Netherlands Are Processed via HDN’s Network.