How high are default interest rates?

  • Erstellt am 2020-12-22 16:54:54

Bertram100

2020-12-22 16:54:54
  • #1
Hello forum,

My new apartment had a few defects that the construction company also promised to fix or compensate. There is agreement about the defects ([floor heating could not be properly regulated, WC creaks when sitting down, one door is installed crookedly and only closes with difficulty and always falls fully open when it is open]). No big deal.

Unfortunately, the construction company is reluctant to provide financial compensation and is stalling with "we will discuss with the sanitary company," "it is under consultation," "we will get back to you." Actually, I had demanded the compensation by October 31. Afterwards, I even received a call from the boss saying everything was under consultation and that I would be informed soon.

But I was not. Now I have had enough. I have waited twice in trust and good faith. Since the written reminder was already sent in September, I can now also charge default interest. What is the customary interest rate for this?
 

11ant

2020-12-22 19:00:01
  • #2

I don't know how uniformly this is regulated in the EU and have little knowledge of German consumer law; in this case, it's also about Belgian (?)
 

Bertram100

2020-12-22 19:03:03
  • #3
The tax office in D charges, I believe, 6% p.a., I just saw on Google. Not bad, Mr. Specht, I say to that. Maybe I'll try it with the 6%. Whether that corresponds to Belgian law, I don't know. I just assume that the differences are not that huge.
 

11ant

2020-12-22 19:06:44
  • #4
The tax office in Germany takes to my knowledge 12% (a whole for each month).
 

Bertram100

2020-12-22 19:07:46
  • #5
Then I'll try it too. :D
 

11ant

2020-12-22 19:10:42
  • #6
Exactly: not 12% p.a., but 1% for each started new month.
 

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