Mortgage loan

The amount of the mortgage is calculated according to your ability to repay.

The notary's fee includes the purchase deed fee and the credit deed fee. The purchase deed fee is calculated according to the purchase price. The credit deed fees are calculated according to the amount of credit borrowed.

If you buy a property, you will have to pay registration fees, which amount to 12.5% of the purchase price. It should be noted, however, that if you comply with certain conditions, an abatement on these registration fees can be obtained and you will no longer pay registration fees on the first €200,000 of your purchase, which can result in a maximum saving of €25,000 on these fees (or even more under certain conditions). For more details on this and other costs associated with your purchase or loan, you are advised to consult your notary beforehand.

The loan can include notary fees but we recommend that you invest as much of your own money as possible in the purchase. After an analysis of your file, the credit can reach 120% of the value of the property, without exceeding the credit amount scale set according to the composition of the household.

Yes, the mortgage can also cover the renovations to be done on the property, prioritising safety and health work, within the limits of your repayment capacity.

The Fund cannot lend you the deposit equivalent to 10% of the purchase price, to be paid when signing the preliminary purchase agreement or the offer to purchase. The deposit is not obligatory, but it constitutes a guarantee for the seller and its amount is negotiable with the seller.

Get a new credit simulation by contacting us by e-mail at infopret@fonds.brussels (in French or Dutch only) and mentioning your simulation number as well as the changes in your situation. A member of the team will contact you to collect the information and carry out a new mortgage simulation. It is also possible to carry out this simulation again directly online.

You can make a simulation directly online and/or request an appointment at the same time.

The interest rate is fixed. It is calculated according to your age and your family and financial situation. It depends on your taxable income, which is considered according to the date of application (reference date).

Send us your signed offer to purchase or sales agreement to infopret@fond.brussels (in French or Dutch only). We will contact you to arrange an appointment within 10 working days to submit your credit application.

The conditions for obtaining credit from the Fund are as follows:

• You must be permanently resident in Belgium.
• The amount of the household's taxable income may not exceed the maximum income scales of the Fund.
• You must not own any other property in Belgium or abroad.
• You must provide all the necessary information to enable us to decide on your credit application.
• You must become the full owner of your property and occupy it for the duration of the loan.
• You must undertake to render and maintain the dwelling in accordance with the requirements of habitability, safety and health.

For this type of financing, it is possible to obtain a repossession of the outstanding balance limited to the capital you have already repaid under your current loan or an additional loan, but in the latter case, new deed fees will be payable.

Yes, you can do this at any time. However, if you took out your credit with the Fund after June 2008, you will have to pay a re-use fee corresponding to 3 months' interest calculated at the interest rate of the current credit.

We invite you to contact your notary for any further information.

You can sell your property at any time but you must notify us in writing before the sale and inform us of the desired selling price. The Fund has a right of pre-emption (right of first refusal) and therefore has the priority to buy it back at the price you have been offered. During the sale of your home, the notary will contact the Fund to find out if it wishes to exercise its right of pre-emption. At the time of the sale, the outstanding balance of the loan will be repaid with the proceeds.

You must inform us of the divorce and the agreement between the spouses for the occupation of the home. The spouses will continue to pay the monthly mortgage instalments as long as the sale or the procedure for leaving the joint ownership has not been completed. In fact, divorce may lead to a request for disassociation of the loan by one of the borrowers and redemption by the ex-spouse. In this case, the spouse who wishes to buy the share of his or her ex-spouse can apply for additional credit from the Fund to pay for the latter's undivided share. We will ask you to forward the draft agreement on the withdrawal of the undivided interest drawn up by the notary to determine the conditions for the withdrawal of the undivided interest between the spouses, as well as the documents establishing the updated income.

You always have the option of paying off your loan early, in part or in full, in return for a re-use fee. Contact our services, a member of our team will guide you through the process.

We are always ready to listen to you in case of payment difficulties. Don't delay in contacting our services: together we will look for a solution that will be adapted to your situation as much as possible.

It is possible to apply to buy back your credit under certain conditions. In particular, if you suffer a significant loss of income or if your credit consumes more than 40% of your income or if your family situation has changed and you are in danger of losing your home. If two of these conditions are met, do not hesitate to contact us to submit your application.

Yes, you can, subject to prior application to the Fund. The rental period will then be a maximum of 6 years. Depending on the amount of rent you ask for, a maximum increase of 1% in your interest rate may be applied.

Brussels Housing Fund does not sell insurance. For this type of product, we advise you to contact an insurance broker or your bank.

Yes, absolutely. This insurance can be taken out after you have signed your credit agreement. Ideally, it will cover the remaining balance of your loan.

Yes, you can, but for your own sake only, we strongly advise against it.

It is possible to buy a parking space or garage box under certain conditions, the main ones being:

• you are already a borrower from the Fund for your home
• the car park is located in the immediate vicinity (preferably in the building) of your home