HappyEnd
2021-06-16 21:15:13
- #1
Good evening,
We want to start our new construction project with a general contractor in September. After some delays, September has been confirmed as the start of construction.
We had our coordination meeting this week (fixed price commitment + floor plans are available) and want to sign the construction contract with our general contractor.
We have already signed the loan agreement with our bank to secure the favorable interest rate at that time.
Part of the financing is the KFW153 loan of €120,000 for a KFW55 new building.
Now, of course, it would be interesting for us to switch to the new funding BEG WG 55 EE.
Whether the bank will cooperate remains to be seen; does the six-month blocking period apply to our specific case? Or is there another KO criterion?
The six-month waiting period for reapplication only applies within the BEG. Accordingly, it is possible without a blocking period to withdraw a MAP application or EBS application and resubmit it for the BEG. Of course, it still applies that applications for the BEG must be submitted before the start of the project (=contract signing).
We want to start our new construction project with a general contractor in September. After some delays, September has been confirmed as the start of construction.
We had our coordination meeting this week (fixed price commitment + floor plans are available) and want to sign the construction contract with our general contractor.
We have already signed the loan agreement with our bank to secure the favorable interest rate at that time.
Part of the financing is the KFW153 loan of €120,000 for a KFW55 new building.
Now, of course, it would be interesting for us to switch to the new funding BEG WG 55 EE.
Whether the bank will cooperate remains to be seen; does the six-month blocking period apply to our specific case? Or is there another KO criterion?
The six-month waiting period for reapplication only applies within the BEG. Accordingly, it is possible without a blocking period to withdraw a MAP application or EBS application and resubmit it for the BEG. Of course, it still applies that applications for the BEG must be submitted before the start of the project (=contract signing).