Zaba12
2017-08-28 07:44:21
- #1
Good morning everyone,
I hope you can help me. It is actually curious because I have been googling for days looking for this information and can’t find it. Yet this is nothing unusual, as I am not the only one who finances land and house separately.
So...
I have financed my land. The registered land charge is set at 50% of the market value. Now I will be finished by the end of the year and the land will be paid off. After that, the house financing will begin. The loan amount for the house financing logically does not correspond to the amount in the land register.
How has your house-financing bank dealt with this? I have read somewhere that the land charge is not tied to the registered amount and therefore an assignment should be sufficient, right?
An assignment of the land charge costs €250. A cancellation and new registration costs €2500. Of course, the assignment of the land charge from the bank financing the land to the bank financing the house would be very helpful for me. It is already clear now that the house-financing bank will be a different one.
I’m curious about your experiences.
I hope you can help me. It is actually curious because I have been googling for days looking for this information and can’t find it. Yet this is nothing unusual, as I am not the only one who finances land and house separately.
So...
I have financed my land. The registered land charge is set at 50% of the market value. Now I will be finished by the end of the year and the land will be paid off. After that, the house financing will begin. The loan amount for the house financing logically does not correspond to the amount in the land register.
How has your house-financing bank dealt with this? I have read somewhere that the land charge is not tied to the registered amount and therefore an assignment should be sufficient, right?
An assignment of the land charge costs €250. A cancellation and new registration costs €2500. Of course, the assignment of the land charge from the bank financing the land to the bank financing the house would be very helpful for me. It is already clear now that the house-financing bank will be a different one.
I’m curious about your experiences.