Moving to Your Next Home in Tilburg

The bridging mortgage

If you buy a new home before selling your current one, you may need a bridging mortgage. This allows you to use part of the expected equity in your current home before the property has actually been sold.

We calculate how much bridging finance you may need, how long you are likely to need it and what the temporary double housing costs mean for your financial situation. We also check whether you can demonstrate that you are able to afford these costs.

The bridging mortgage is normally repaid as soon as your old home is sold. In some situations, it may even be possible to bridge two properties at the same time. A bridging mortgage is always linked to a regular mortgage.

If you had NHG on your old home but your new home exceeds the NHG limit, the interest rate discount linked to NHG will no longer apply to your new mortgage.

Taking your current interest rate with you

Do you still have a low interest rate on your current mortgage? Then it is worth checking whether you can take that rate with you to your new home. This is known as mortgage rate portability. In some situations, you stay with your current lender. In others, it may be possible to keep your existing low rate for part of the mortgage and arrange the additional borrowing elsewhere. If you choose a different lender for the mortgage on your new home, the bridging mortgage will generally also need to be arranged with that lender.

We compare the different options and look not only at today's interest rate, but also at the mortgage conditions and the overall financial picture. Considering refinancing instead? Read refinancing your mortgage in Tilburg.

Should you buy first or sell first?

Both options are possible, and each has advantages and disadvantages. Buying first can give you more freedom and peace of mind during your search, because you do not have to leave your current home until you have found the right new property. However, this may mean temporarily paying the costs of two homes.

Selling first gives you more financial certainty because you know exactly how much equity you have available. On the other hand, you may need temporary accommodation if you have not yet found your next home.

Even if you sell first and buy later, there may still be ways to keep your current low interest rate. We help you determine which order works best for your situation and how much time you can ideally leave between selling your current home and buying the next one. For expats, this can be particularly important if work, relocation plans or family circumstances affect the timing of the move.

Tax rules and financial obligations

When you move from one owner-occupied home to another in the Netherlands, several tax rules may apply. These include mortgage interest deduction and the Dutch reinvestment rule, known as the bijleenregeling. The reinvestment rule can affect how much mortgage interest you are allowed to deduct if you use equity from your previous home when buying your next property.

If you are buying together and one of you is a first-time buyer, the transfer tax exemption may also play a role, depending on your age, the value of the property and the other applicable conditions.

For expats, Dutch mortgage and tax rules can sometimes be unfamiliar, especially when your financial history includes property, income or assets in another country. We identify which rules apply to your situation and explain their practical consequences clearly.

Mortgage term and repayment type

For new borrowing, you may be able to choose a new term of up to 30 years. Whether you can take out an interest-only mortgage depends on your existing mortgage history, your financial situation and the lender's criteria. We also consider whether your expected pension income needs to be included in the calculation, particularly if you are approaching retirement age during the mortgage term.

Our aim is not simply to calculate how much you can borrow, but to structure your mortgage in a way that fits both your current situation and your future plans.

Renting out your current home

Are you considering keeping your current home and renting it out instead of selling it? This can significantly change both your mortgage options and your tax position. Your current residential mortgage may not allow you to rent out the property, and a different type of mortgage may be required. Rental income, the value of the property and the outstanding mortgage can also affect your overall financial situation.

For expats who may move abroad in the future or return to their home country, keeping and renting out a Dutch property can sometimes be an option worth exploring. We discuss what renting out your current home would mean in practice and whether it is a realistic option for your situation.

Want to know your options?

We bring together your current mortgage, expected equity, interest rate, tax position and plans for your next home. During a conversation of about an hour and a half, we map out the different scenarios and calculate what each option means for you.

Whether you are staying in Tilburg, moving elsewhere in the Netherlands or planning your next step as an expat, we make sure you have a clear picture of your options before you make any major decisions.