New house

If you are purchasing a new house, you will first of all sign a purchase/building contract. You purchase the land and commission the building contractor to build your house. The title to the land is transferred at the civil-law notary’s office. Once you have signed the deed of transfer you will also be the owner of what will be built on your land.

Purchase of a new-built house
Buying a new-built house is somewhat different than buying an existing house.

• It is important to have a guarantee scheme that you can rely on financially should the construction company go bankrupt.
• In addition, you may leave half of the final instalment, i.e. 5% of the contract price, in deposit with us in case any defects need to be rectified.
• Have you thought about what will happen in case your relationship ends before completion of the new house because you have fallen out or one of you dies?

Building deposit
If you borrow money from a bank to buy the land and to finance the building of the house, the bank will hold the amount you borrow in a building deposit. You pay for the land from this building deposit. The contract price is paid directly to the building contractor in instalments, the building instalments. Please be aware that when you commission a new-built house you will start paying interest from the moment that the land is transferred to you.

Checking the contract of sale
One of the employees of Notaris Houtepen will discuss all information with you. We check to make sure that everything has been processed properly, in order that you may sign without any concerns. Do you have any questions? Please, do not hesitate to contact us.