That said Dynamic Credit, asset management and credit rating Monday in the Financieele Dagblad ( FD ). The company specializes in finding large investors for mortgages.
Many home loans are now funded by the Netherlands, but that will soon change according to Dynamic Credit.
Dutch banks want because new supervisory rules do not grow too sharply their mortgage. Rabobank sold earlier this year for that reason some of its mortgages for 1 billion euros insurer Vivat.
Partial solution
However, there are alternative mortgage lenders, such as Dutch pension funds. Pensioenfonds Metaal and Technology (PMT), Pensioenfonds Hoogovens (SPH) and pension fund PGB announced in 2014 to jointly step in mortgages under the name Currency Mortgages. The funds want to invest in a few years EUR 5 billion.
But these initiatives provide only a partial solution, says Dynamic Credit. The company expects that between late 2017 and will put less money mid-2018 new Dutch housing loans.
“There is a limit to the money that could stabbing pension funds in mortgages,” Daan Potjer Dynamic Credit says FD .
“Suppose pension funds 5 to 10 percent in mortgages like, which is about 100 billion euros. While there are annually 70 billion of new mortgages is issued. at one point they were at their limit, “said Potjer.
Public
His colleague Bouwe Kuik says they now have to work to prevent inside now and a few years a shortage of funding in the mortgage market.
Dynamic Credit hopes that the Dutch government will help in seeking to provide new money from abroad by independent and English information. According to a spokesperson of Minister Stef Blok (Housing) is already working on this.
The Dutch housing market has recovered after the low point in 2013. The property prices vary sharply and the number of sold homes is rising again.
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