House construction still realistic despite rising interest rates / construction costs?

Do you have the financing secured? We currently want to finance the same amount and, with similar equity, do not get offers below 2.9% interest (15 years fixed interest rate).

Do you have the financing secured? We currently want to finance the same amount and with similar equity are not getting offers below 2.9% interest (15 years fixed interest rate).

currently 80% expiry at ING, if you take the interest rates before today's increase: 2.90% with possibly a regional discount (-0.10%) and if the volume is good, then another 0.10% discount. (so 2.70% in the optimal case, with 80% financing) but you have to hit exactly 80%. 70% is marginally cheaper then (but no further discount possible) (I am allowed to take the old conditions until Thursday, but then the case must be submitted to ING by midnight)

I know this with district heating here in Wolfsburg as well. However, only fossil energy sources (oil, wood, gas) are prohibited in the development plans. If I understand correctly, renewable energies cannot be prohibited. Therefore, you can see heat pumps and solar roofs everywhere in the new development areas. Only geothermal energy is actively prevented because everything here is a water or spring protection area. Thus, if at all, only surface collectors are possible.

if you already have district heating, investing in a heat pump is pointless. (Investment and monthly costs) If anything, an air conditioner that can also heat. At least here and some time ago, there were court rulings that a wood stove cannot be banned. Oil, wood, gas are currently allowed in new buildings and cannot be prohibited by a provincial city.

if you already have district heating, then investing in a heat pump is pointless. (Investment and monthly costs) If anything, an air conditioner that can also heat. At least with us and some time ago, there were court rulings that a wood stove may not be banned. Oil, wood, gas are currently allowed in new buildings and cannot be banned by a provincial town

of course it cannot be banned, BUT if the city is the seller of the building land, and the city’s own utility company wants to offer district heating exclusively there, then that will be the condition for purchasing the property... that’s how they can circumvent it. (here you are also bound by other conditions such as construction time + own use) of course if you buy a property without such a binding, that is something different

of course it cannot be forbidden, BUT if the city is the seller of the building land, and there the city’s own municipal utilities only want to offer district heating, then that will be the condition for the purchase of the property... this is how they can circumvent it. (here you are also bound to other conditions such as construction time + personal use) if, of course, you buy a property without such binding, that is something else

most properties are sold by the city/municipality and what they can prescribe is the connection obligation. Near me it was in the development plan and someone sued against it, and since then everyone is allowed to install and operate a wood stove. Another heating system additionally would be possible, but does not make economic sense

most plots are sold by the city/municipality and what they can prescribe is the connection obligation. Near me, it was in the development plan and someone sued against it and since then everyone is allowed to install and operate a wood stove. An additional heating system would be possible, but economically it doesn't make sense

That's how it is with us. The land purchase contract states: "The plots are subject to a connection and usage obligation for connection to a central heating plant. For this purpose, a limited personal easement (connection and usage obligation district heating) was entered first in priority on parcel x in favor of x GmbH with the following wording: “The property owner is prohibited from having or using other operational facilities for heating rooms and domestic hot water on the property than those that use district heating”." What would be interesting for me: Am I then also not allowed to install a split air conditioning unit, since that could theoretically also heat? Due to the division of district heating costs into a very high basic fee and ridiculous consumption costs, this is highly uneconomical despite photovoltaics. We asked the city just for fun about the connection costs. To the development costs of just under €18,000, there are still €14,000 connection costs for district heating, electricity, water, sewage and fiber optic (up to 5m). Ouch.