Who qualifies for NHG?
To make use of the NHG, specific requirements apply. The purchase price, for example, may not exceed € 435,000.
Furthermore, there are specific income requirements. For example, a self-employed person must have earned an income for at least 12 months from his or her business, and someone with a fixed-contract must be able to present a letter of intent. Standards also apply to the house. For example, the value of the house must be determined by a validated appraisal report.
If payment problems occur during the mortgage term due to occupational disability, unemployment, your partner’s death, or divorce, and there is no other option than to sell the house with negative home equity? The residual debt can then be waived.