- Loan-to-value: All loans on the property together, including the new loan, normally amount to no more than 80% of the estimated value.
- Property of sufficient value: The property must fully cover the loan. Its value is determined by a valuation.
- Repayment: It must be clear how you will repay the loan, for example from your income or from the sale or refinancing of the property. To assess this, we check your creditworthiness.
For the review, we usually need the land register extract, proof of building insurance, and plans and photos of the property. You can see in the application which documents about you or your company are also needed.