When signing a provisional sale agreement with a view to obtaining a property, you will be asked to make a deposit on the sale price of your house or apartment.
This payment can help to ensure the signing of the sale contract. You don’t have this advance cash payment at hand? Try the 125% formula from CPE.
In a nutshell…
Aim of this credit ?
In certain cases, to allow you to sign the provisional sale agreement in order to acquire your house or your apartment. The amount of credit varies according to the sale price of the property. The credit deposit is automatically linked to a mortgage credit. The interest rate starting from 3.25%, tracking the credit. The duration is linked to the age of the borrower and the amount of capital borrowed. The full amount of credit is deposited in the third party account of the estate agent and is not used. It serves as a guarantee pending the signing of the contract and the approval by the bank of your credit history.
- Who can take out a credit deposit ?
Anyone living in Belgium who wishes to acquire a property but does not have the liquid assets necessary for the payment of the deposit.
- Conditions for the granting of the credit deposit ?
Acquiring property in Belgium.
Providing your last three payslips.
Seizable income in Belgium and in Luxembourg.
Not being registered with the National Bank of Belgium.
Possessing an identity card or a residence permit valid in Luxembourg or in Belgium.
Permanent employment contract for at least one of the two borrowers.
The benefits of CPE
- We can give you a provisional agreement within 48 hours.
- We guarantee you a personalised analysis with a view to finding the best borrowing formula.
- We can offer special conditions for young people under 35 years for a first purchase.
- We respond to all your enquiries regarding mortgage credit.
Purchasing a property has a cost. Firstly, of course, the price of purchase, but additionally there are registration fees, the estate agent’s fees and the deed of loan fees.
Registration fees are taxes that the state anticipates as soon as you have to register your notarial act of purchase. They are calculated according to the sale price and the sum of the cadastral income. They also vary depending on the region.
The estate agent’s fees depend on the value of the property. The estate agent calculate their fees according to the value of the property and the cost of the deed of loan fees.
The deed of loan fees are linked to the credit necessary for the purchase of the property and registered with the mortgages bureau.
To help you, Crédit Populaire Européen provides you with a fee estimator in order to allow you to gain a first idea of the overall cost of the property transaction.