Thursday, August 14, 2014

“Nobody wants a Block-mortgage ‘- Telegraaf.nl

"Nobody wants a Block-mortgage '- Telegraaf.nl

No mortgage lender offers a so-called block-mortgage, because According to them, there is no demand. Minister Stef Blok conceived this mortgage in 2013 on the housing to help start-ups

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 Minister block Minister Block Photo: Reuters

writes NU.nl based on a tour of a number of mortgage lenders

The Block. -hypotheek consists of two parts. A mortgage is repaid in thirty years, so the homeowner can deduct his mortgage. The other part, up to half of the house, is principal repayment. That interest is not deductible.



Complicated

According to Block the mortgage was to lead to relatively low monthly payments. But critics soon complained after proposal Block, which he did in the context of the living agreement that the mortgage was too expensive and complicated.

provides no financial institution, more than a year after its launch, Block the mortgage on. There is not interested in conducting the mortgage conclude the NU.nl approached by banks and brokers.

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