4. Finalize the financing scheme
Once the costs and the post-renovation market value become clear, the financing scheme can be finalized and financing may be requested.
5. Construction deposit
The complete costs of renovation in accordance with the construction specification will be stored in a construction deposit. This amount will only be made available once the actual work activities will be carried out. This requires several declarations. Any remainder is generally used to pay off the loan.
Tip: currently not thinking of renovating your home, but maybe in the future? Always keep a higher registration fee in mind.