A series of helpful tips, constructed by our mortgage experts, for you to thoroughly understand the German mortgage market.
KfW and the Federal Ministry of the Interior for Construction and Home Affairs, provide subsidies to promote the first purchase of owner-occupied properties for families and single parents with children with the goal of promoting home ownership.
To a first-time buyer who is looking to buy property in Germany, the buying process can appear overwhelming and hard to understand with all its different steps. Even if you are fluent in German, the process from first understanding your mortgage affordability to finally becoming the lawful owner of a property in Germany can be overwhelming. If you are an expat who is looking to buy in Germany, you are poised to experience a property buying process where you will be exposed to many unfamiliar German terms and processes different from buying property in your home country.
So you’ve decided to take the plunge and buy a property in Germany, but don’t know where to start. As an expat, it can seem difficult to find the right sources of information when it comes to the property market. Here are a few handy resources that can help you find your dream home.