Equity contribution in construction financing

Good day everyone,

I am currently planning a house build. Since you certainly have more experience here, I have a few questions.

I am planning the common own work. For example, painting, laying floors, exterior work. It is clear that the painting and flooring will be done before moving in. But how does it look if the exterior work possibly only starts half a year after the house is completed? Can this still be counted as own work?

So, in short: is there a time period in which the own work must be completed in order to be counted as "equity"?

Thank you very much for your help =)

Best regards, Nina

So to sum up: is there a period in which the personal contributions must be completed in order to be counted as "equity"?

To be honest, no one is really interested in these "personal contributions." It's not even a five-digit amount being credited to you for EVERYTHING you mentioned.

It varies individually from bank to bank. Go into the discussions and be surprised. Should the outdoor area be financed as well? That could lead to costs due to the time delay in the commitment interest.

What exactly do you mean by "crediting as own contribution"? 100 hours of garden work at a fictional 10€ per hour = 1000€ own contribution? Usually, that doesn’t make much of a difference and shouldn’t decide a serious financing either.
I have prepared a calculation for the entire project (plot, notary, general contractor, ...) and the estimated material requirements for the outdoor facilities were also listed there. For that, I made a second calculation (splash guard X m, paving stones driveway, paving stones terrace, paving substructure X sqm, ...) but no one wanted to see it.
I will essentially only be able to do the outdoor facilities a few months after moving in anyway, since we will probably move in during winter. To avoid commitment interest, there are two options: apply for a construction cost advance or full payment of the remaining amount upon moving in.

In our case, the bank wanted to receive the pictures of the completion of the outdoor area afterwards. The timing probably didn't matter to them. We submitted them about 8-9 months after moving in. The paving, fence, and terrace were done by ourselves.

Honestly, no one really cares about these "personal contributions." It’s not even a five-digit amount that will be credited to you for EVERYTHING you mentioned.

What exactly do you mean by "crediting as personal contribution"? 100 hours landscaping the garden at a fictional €10 per hour = €1000 personal contribution? Usually doesn't make much of a difference and shouldn’t decide a serious financing.

That can very well make a difference, even if it’s just the deciding factor that changes an 81% loan-to-value ratio to 79%. Then the loan can quickly become 0.2% cheaper.

It also has nothing to do with the scarcity of financing, but simply with not wasting money.

For example, we contributed €6k in personal contributions. Honestly, I don’t even know when/if we still have to provide proof of that.