Buying Property in Germany as a First-Time Buyer

Below you'll find a series of articles to help you understand the buying process written by our German mortgage experts

First Time Buyers

Step-by-step guide: How to buy property in Germany

The process of buying property in Germany explained in full detail. Beginning with the search all the way to becoming the legal owner.

First Time Buyers

Buying property in Germany: 6 things you need to know

In this interview, our partners from BPS dive into the intricacies of viewing properties in Berlin. Here are the top 6 issues to look out for.

First Time Buyers

Baukindergeld: Extra benefit for new homeowners with kids

Baukindergeld is a state subsidy (12K euros over 10 years per child) for families and single parents who want to buy their first home in Germany.

First Time Buyers

These documents you need to apply for a German mortgage

Germans banks are very meticulous when it comes to paperwork. Here is a list of all the documents you need to apply for a mortgage.

First Time Buyers

8 Tips: How to find a property for sale in Germany

If you are looking to buy a property, you should be aware of these six essential tips on how to find your dream property.

First Time Buyers

5 reasons why you should consult a mortgage advisor

Find out how a mortgage advisor can save you thousands of euros and help you decide what the most optimal mortgage is for you.

First Time Buyers

How to get a mortgage in Germany: key decisions and terms

This section walks you through the key terminology you need to know when you intend to apply for a mortgage in Germany.

First Time Buyers

Can I get a mortgage with a temporary residence permit?

The a short answer is: Yes, it is possible to get approved for a German mortgage as a non-EU citizen with a temporary residence.

First Time Buyers

Sondertilgung: A popular but overrated option

Who doesn't like the idea of repaying extra on their mortgage? That is what “Sondertilgung” is. But is it a good idea?

First Time Buyers

Guide: Buying an Apartment in Berlin

What do you have to consider when buying an apartment in Berlin? Our guide answers the most important questions.

First Time Buyers

4 mistakes to avoid with your mortgage in Germany

Several studies show: People who buy real estate get wealthier. That's why it's important to avoid some mistakes in your mortgage.

First Time Buyers

Buying a new build in Germany

Nothing can go wrong with a new build? It's not quite that simple. There are pitfalls waiting here, too. We explain what you need to consider.

First Time Buyers

Commitment fee: How much to pay if your new build isn’t ready?

With a new build project, you have a tough schedule. That's necessary if you want to avoid paying commitment fees to your bank.

First Time Buyers

New real estate commission law: How much to pay?

A new law on real estate commission changes the amount of the commission to be paid. Here's what will change at the end of 2020.

First Time Buyers

How couples can split the mortgage cost and value of the house

When couples buy a house together, the question often arises how to split the mortgage costs. What you should consider.

First Time Buyers

6 Tips: How to negotiate the house price

You want to negotiate the purchase price for a house or apartment? We give you 6 tips on how to do it and what you need to consider before.

First Time Buyers

Building a house in Germany - What you should consider

When building a house, you can design the property according to your wishes and you can even get away cheaper. Hypofriend explains to you what you have to consider.

First Time Buyers

Don't fall for low mortgage rate advertising

Interest rates for you mortgage that are too good to be true? There's a hook and we tell you why.

First Time Buyers

The 6 most important insurances in Germany for you & your home

Once you have finalized your mortgage, the next thing to think about is insurance. This is an overview of the common types of insurance.

First Time Buyers

KfW loans: How to save money on your German mortgage

If you are planning to buy your first home in Germany, build or renovate a property, you should always take a look at KfW loans and subsidies.

First Time Buyers

Life insurance in Germany & how it works

The topic of death is a very sensitive one. Nevertheless, this is a good time to think about securing your loved ones with a term life insurance.

First Time Buyers

10 steps: The notary procedure in Germany explained

The notary process to buy a home in Germany with a mortgage is rather complicated, and with plenty of legal jargon.

First Time Buyers

Financing Certificate: Always one step ahead

With a financing certificate, you stand out from other prospective buyers. It serves as a confirmation of your financing potential to brokers.

First Time Buyers

What’s the role of SCHUFA in getting a mortgage?

SCHUFA is Germany's largest credit agency and calculates credit scores that are used by banks when deciding on a mortgage.

First Time Buyers

Legal Insurance in Germany: Helping You Know Your Rights

Sometimes you just need the help of a lawyer. Luckily, a good legal insurance covers the costs. We explain what options you have in Germany.

First Time Buyers

High Property Prices: Should I Still Buy a Home in Germany?

Property prices in Germany keep rising. We tell you if buying still makes sense at all!

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Hypofriend GmbH is an independent mortgage broker certified with the §34i GewO supervised by BaFin. Hypofriend works together with over 750 partner banks to find customers the optimal mortgage. Our headquarters is in Berlin, Germany.

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Buying Property in Germany as a First-Time Buyer

Step-by-step guide: How to buy property in Germany

Buying property in Germany: 6 things you need to know

Baukindergeld: Extra benefit for new homeowners with kids

These documents you need to apply for a German mortgage

8 Tips: How to find a property for sale in Germany

5 reasons why you should consult a mortgage advisor

How to get a mortgage in Germany: key decisions and terms

Can I get a mortgage with a temporary residence permit?

Sondertilgung: A popular but overrated option