Elina
2019-07-01 18:52:28
- #1
Hello, now we have a problem again. We are buying a house for 135,000 euros and have taken out a loan for 120,000 euros from Ing-Diba. The loan-to-value ratio is something around 88%. But in the notarized contract it says that a fitted kitchen, awning, and garden tools worth 4000 are included in the purchase price. Today the bank pointed out that somewhere on one of the last pages of the loan contract (or not in the contract itself, but in the disbursement conditions) it states that the purchase price must be notarized as "without inventory" above 135,000. If you subtract the 4000 euros from the purchase price, the loan-to-value ratio becomes 91.6% and that puts us in a different interest rate bracket. I was already not entirely comfortable with the 88%; I would have preferred to take out less since we now have 18k euros of equity just sitting there uselessly. But time was too tight and I thought okay, no matter, we’ll just pay off the amount early later. The deal was brokered through Interhyp. Now according to the bank, there are two possibilities: either reduce the amount or the interest rate will rise – both through a subsequent contract amendment. According to the fee schedule, a contract amendment after signing is supposedly free of charge, but I don’t quite believe that. Otherwise, we are still within the revocation period, but the question is whether we will get a new contract if we revoke now. We have not signed the notarized contract yet; only the seller side has already had their notary appointment. Changing it afterward would probably be possible but pointless, since the bank would rightly suspect collusion if the passage about the "included kitchen..." suddenly disappeared. In addition, it would surely cost money. According to the bank, Interhyp should have pointed out to me that the fitted kitchen, etc. are not to be counted towards the purchase price. I find this rather illogical and therefore did not ask explicitly, because then floor coverings, washbasin fixtures, mirror cabinet in the bathroom would also have to be deducted from the purchase price. According to the tax office, the fitted kitchen is also not inventory and I have to pay property transfer tax on it. Now the question: has anyone experienced something like this with Ing-Diba and knows what the actual fees for such a change are? To reduce the loan amount afterward? This must surely happen regularly with new builds if the amount was set too high? It is certainly my fault, but there was so much time pressure because the bank set a deadline to sign the contracts and we basically only had one week from the financing commitment to send the signed contracts back. Getting a notary appointment within one week is almost impossible. We only had the draft contract during the deadline and signed the loan contract under pressure and blind faith. Everywhere it says you should first have the notary appointment and the commitment must be valid that long. But how, with the deadlines? The case has now been forwarded to the processor; the hotline lady said it might possibly be decided as a gesture of goodwill, but what for goodwill if the change is supposed to be free? I'm just about losing it :O