If you’re going to buy a house in 2023, there are a few changes you should take into account.
Here you’ll find them listed:
- Transfer tax
Buyers aged 18 to 35 will pay no transfer tax when buying a home in 2023 if the home doesn’t cost more than €440,000. If you plan to buy a house for rent, a vacation home or a commercial property that you will not live in yourself, then the transfer tax will go up to 10.4% in 2023. For all other homebuyers, the transfer tax will remain at 2%. - ‘Jubelton’ for owning your own home disappears
In 2023, everyone is allowed to give you a one-time maximum gift of €28,947 for your own home. In 2022 this was still € 106,671 (‘jubelton’). You may use the amount for the purchase of a house, but also for repayment of your mortgage or redemption of ground lease. This is only allowed if you or your partner is not older than 40 years. - Borrowing less
The maximum loan amount goes down compared to last year, for people whose wages don’t increase by at least 3.7% in 2023. That is the average collective wage increase that the Nibud uses to determine the maximum mortgage standard. For two-income earners, the second income counts for 100% in 2023. - Amount of the National Mortgage Guarantee (NHG) increases
The maximum purchase price for a mortgage with National Mortgage Guarantee in 2023 will be
€ 405.000. You may co-finance up to € 24,300 of energy-saving measures with NHG. The cost of the National Mortgage Guarantee remains 0.6% of the purchase price of your new home. - Maximum mortgage interest deduction in 2023 is 37%.
Since 2020, the deduction percentage is being reduced at an accelerated rate. In 2023, the deduction percentage is 36.93%, which was 40% in 2022. Thus, the percentage of mortgage interest deduction is the same for everyone regardless of the level of your income.
