Is financing possible with ING?

What if next year VAT is increased to 21% or even more? That is an incalculable risk for every company. The only thing he "guarantees" you is his fixed net price.

The offer simply states "Basic price incl. applicable VAT." If 16% is not explicitly mentioned elsewhere, it could very well be that the amount remains the same next year.

What if next year the VAT is increased to 21% or even more? That is an incalculable risk for every company. The only thing he "guarantees" you is his net fixed price.

Sorry, you are pretty naive.

I agree.

And NO, you are not right about the VAT: the rate that applies in the respective period counts. That they are NOW advertising with a price including 16% VAT is clear (others do that too). But - as you have already been told - VAT is a "pass-through item" for the company. From 1.1.2021 the rate will be 19% again. Whether you prefer to stay in your fairy tale world with 16% is of course up to you. Your persistence in denying critical statements is pronounced. Hopefully you can use this persistence positively when building your house (when the loan is granted).

Regarding all the calculations: that is simply sugar-coated. Overall it is just unrealistic. Of course you can calculate however you want. Anyone can do that. However, I recommend doing a little plausibility check at the end of each calculation.

- Price of building plot
- Additional building costs, purchase costs, surroundings, construction power, connections, kitchen etc. at least 80,000
- m2 living area at least x 2300.

Then take a look and compare. What does your calculation give, what results from the rough comparative calculation (plausibility check). Nobody here wants to harm you - on the contrary. We are also happy about positive developments. I continue to keep my fingers crossed for you.

The offer says flatly "Base price incl. valid VAT." If the 16% is not explicitly mentioned elsewhere, then it could well be that the total remains the same next year.

No. It does not say that. On the contrary: it states that the base price includes the VAT currently valid. And in EVERY contract in the construction industry, it is stated that the VAT rate valid at the time applies.

Specifically here: 16% is included in the current price, if next year it is 19%, then the price will be adjusted accordingly!

What discussion is supposed to take place? You approach the matter naively and anyone who points out that there is a catch hidden there is labeled as unconstructive. If you know everything better because everything is in the contract, then you shouldn’t have asked for our opinion 13 pages ago. You want to build cheaper than everyone else here in the forum. And not even 50€ per sqm, but between 500 and 1,000€ per sqm. That would be like the S-Class suddenly being available at the price of a Golf. You also ask about the catch there. It is of course clear that you only get the cheapest equipment. I mean cheap, not affordable. That’s not bad, you just have to know it. And you shouldn’t sugarcoat that the costs won’t stay that low. They can’t be maintained even when cheap.

I call the statements unconstructive because I lack concrete details. For example, the statement “we get the cheap equipment”: can you please specify exactly what is cheap, which items? We are taking care of the interior finishing, and yes, Italian marble tiles, which we can get (and have paid) for the price of 20€ instead of 40€, I cannot rate as cheap, especially when I see what kind of standards***t every second person builds. But now, referring to the shell construction, I would be interested (and now without sarcasm) what exactly is cheap there? Especially since there isn’t even a construction service description in front of us... “We want to build the cheapest here in the forum” – maybe that’s where the crux lies, which is why people are reacting so strongly? Here I have to point out, however, that it is not our intention to save on everything and get the cheapest, we have previously compared many construction companies that had less performance for a significantly higher price. Should we then still decide on a turnkey shoebox with 250m2 ceiling height just because everyone else does that / builds in that price segment? I guess the dialogue will only become constructive when you have all the key data available (e.g. from the construction service description). Until then, there have been few CONCRETE indications of what is inadequate in this constellation. We are asking about the VAT issue again despite the contract. I agree with you here – better to check twice or thrice. But what are these statements “you want to build cheaply” if not vague, when it is not specified which of the BL stated in the contract is defective / inadequate?

I consider the statements as not constructive because I miss the specificity. For example, the statement "we get the cheap equipment": can you please specify exactly what is cheap, which items?

Without a construction service description you don’t see that. But you can see the omitted items: - 9 interior doors with installation for €1350 including VAT. That is €150 per door. Even the cheapest hardware store door is more expensive. - Tiles €2200 + bathroom furniture €1800. For bathroom + guest WC + possibly hallway, that is a really cheap amount. Take a look at what nice and decent bathroom furniture costs.

Sry, you are pretty naive.

There is nothing more to add... Your "fixed price offer" is just an offer; what counts in the end is what is in the contract. And that will definitely include the - unfortunately increased again - VAT. Also, the VAT applicable is the one on the invoice date. It's like at Aldi: the price on the shelf is just an offer, but they don't have to sell you anything; the billing is done at the checkout. Olli