KfW BEG funding stopped 261, 262, 263, 264, 461, 463, 464

, can't you rethink the plan and then possibly adjust the loan? Pulling the complete emergency brake would also mean selling the property, right? And why do you already have the loan but no funding approval?

I wonder about that too!

Before I waste 100k for nothing, I would build a normal single-family house and sell it again!

I was told yesterday at the hotline that I am allowed to sign my construction contract but the construction may only begin after a possible funding commitment...

Example:

Today: Signature at the developer
August: New funding can be applied for
Feb 23: Start of construction

There are also contracts with a suspensive condition, i.e. the contracts remain in a state of suspense until the condition is fulfilled. This is how it is regulated in my case, i.e. the construction contracts etc. only become valid upon a funding commitment from KfW. Therefore, no services are provided up to this point.

@Diani4605 I also don’t understand at all why you are considering a penalty of that amount. There must be better solutions. For example, I would rather invest in the pension than sacrifice that amount. Present your project with figures in a separate thread, maybe someone has a smart idea!

Not really, we have already had the appointment with the bank. It's bitter and would mean that our entire equity capital would be lost (significantly >100,000€). Unfortunately, I can't provide an explanation, but the amount is even stated in the Sparkasse contract under "Early repayment."

Where is the real problem? Adapt and build the house. Yes, that sounds simple and flat now. But if you sleep on it overnight, suitable possibilities will arise again ;)

You wanted to build 40+ with two residential units. There are massive savings without real losses. Energetically, 40+ and 55 are hardly distinguishable – but the costs are often worlds apart.

But statements are also being spread in various media that the applications are futile due to the coverage gap. That naturally causes uncertainty and should be clarified in a press release. You could stick “communication failure” on that.

Where does it say that about the approved applications? I follow this quite closely; so far, there has only been talk of the non-approved ones.

I just read these numbers in the press:

"According to the ministry, 24,000 submitted but not yet decided applications are now in limbo. Of these, 20,200 are new buildings according to the Efficiency Standard 55, 3,000 new buildings according to the even more efficient Standard 40, and 700 renovations. In the last two groups, funding is expected to resume shortly under changed conditions. For applicants of an Efficiency House 55, there will only be loans instead of grants."

Funding applications for 700 renovations vs. 24,200 new buildings (of which only 3,000 are KfW40) clearly show the wrong incentives from a climate policy perspective. The same article also mentioned that at the beginning of January, the Federal Ministry of Finance approved an additional 6.6 billion euros - even that amount has already been spent.