Construction costs are currently skyrocketing

Oh dear, are you still within the cancellation period? If not, then the question is whether the bank would agree to a pledge exchange if they could sell the money today for more interest :/

We are a bit jittery right now because the developer is taking time with the contracts, but the banks are moving faster than originally expected and we would actually like to avoid getting into a similar situation :rolleyes:

No, unfortunately the cancellation period is over. The sellers said they will cover the costs that arise for us due to the situation now, but I hope we can resolve this otherwise... We are going to see a house later... It was listed online shortly before the war began... Now at a significantly inflated price. Let's see if we like it and how willing the seller would be to negotiate

Just out of interest, what do you assume as the discount window?

No, unfortunately the cancellation period is over. The sellers said they would cover costs that arise for us due to the situation now, but I hope we can resolve this otherwise... We are going to see a house later... It was posted online shortly before the war started... Now at a significantly inflated price. Let's see if we like it and how willing to negotiate the seller would be

The seller covers the costs amounting to 50k-100k depending on the loan amount? At least that's often how it's written here :eek:

The seller covers the costs amounting to 50k-100k depending on the loan amount? At least that's often what's written here :o