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Lower interest rates: ECB eases pressure, an opportunity for Luxembourg property?

After several consecutive increases, the European Central Bank (ECB) has finally decided to lower interest rates in October, a relief for borrowers and investors. At a time when inflation is falling and the European economy is struggling to return to solid growth, this measure is designed to ease access to credit for both businesses and individuals. But what about the property market in Luxembourg, which is particularly sensitive to the ECB's monetary decisions? With prices stabilising and interest rates falling, is now the right time to invest in property? Find out what this new direction means for your property projects in the Grand Duchy.

A reminder of the new 2024 measures introduced by the government to boost the property market

To keep the Luxembourg property market buoyant, the government has introduced a number of incentives for both first-time buyers and investors.

So whether you're a buyer looking for your main residence or an investor looking for a bargain, these measures could help you complete your project. Find out more about the support available.

New property financing models in Luxembourg

The Luxembourg property market is constantly evolving, and with it, financing models are keeping pace to meet the diverse needs of buyers. The latest innovations in financing include the emergence of innovative solutions such as reverse mortgages for senior citizens and new forms of co-investment for first-time buyers. These revolutionary changes are redefining the way Luxembourgers access home ownership and require a thorough understanding for real estate brokers to effectively assist their clients in their acquisition journey.

Improving your credit rating? One step closer to your dreams!

Chaque projet de vie, qu'il s'agisse de l'achat de votre première maison, de l'acquisition d'une nouvelle voiture, ou même du financement de vos vacances de rêve, commence souvent par un besoin de financement. C’est ici que votre cote de crédit entre en jeu, jouant un rôle central dans l'accès à des conditions de prêt avantageuses. Une bonne cote de crédit ouvre la porte à des taux d'intérêt plus bas, des approbations de prêt plus rapides, et des conditions de remboursement flexibles. Chez LuxKredit, nous comprenons l'importance de bâtir et de maintenir un dossier financier solide. Découvrez avec nous comment transformer votre cote de crédit en un véritable passeport pour vos aspirations futures.

Fixed vs variable interest rates

When you're looking for a mortgage or any other type of finance, one of the most important decisions to make is what type of interest rate to choose. Fixed and variable interest rates each have their advantages and disadvantages, and it's crucial to understand these differences before making a decision. In fact, "each case is unique, which means that we can also offer a fixed or variable rate depending on the destination of the property and the project". LuxKredit explains it all!

An alternative in times of crisis: the emphyteutic lease

As the property crisis persists, a new trend is emerging: becoming the owner of your own home... while leasing the land via an emphyteutic lease. It remains to be fully understood what this system means, which until now has been the preserve of local authorities and professionals.

Make your dream come true in 2024!

How about starting the year with a good resolution? Make your dream of becoming a homeowner in the Grand Duchy come true! There are a number of schemes to help you. And so can we... Judge for yourself.

Offset borrowing costs by negotiating good prices

Even if they seem to have reached a "ceiling", interest rates remain higher than in the recent past. Even so, by using a broker, you can secure a cost saving that makes up for the difference. Let us explain...

ECB rates take a breather – at last!

For the first time in 18 months, the European Central Bank has decided not to raise its key interest rates. A welcome break for those thinking of buying into the housing market.

Offset borrowing costs by negotiating good prices

Even if they seem to have reached a "ceiling", interest rates remain higher than in the recent past. Even so, by using a broker, you can secure a cost saving that makes up for the difference. Let us explain...

New hope for the new term

Spirits fell in June, just as schools were breaking up for the summer, with the publication of the Grand Duchy's real-estate market statistics. A comparison of the figures for the first quarter of 2023 against the corresponding period in 2022 showed a collapse in the number of transactions and a historic fall in prices after more than a decade of continuous growth. Now, with the summer break behind us, there are good reasons to think that the second part of the year will bring more smiles. Some rates are already on the decline: a good omen!

Get a helping hand from the taxman with your property project costs

While buying a residential property is a long-term commitment, we know that it's often the chance of a lifetime that we mustn't let pass by. Have you found your dream house or apartment, but rising mortgage rates are making you think twice? Now's the time to get your calculator out, because there are some handy tax incentives, and more to come, that could make your plans more affordable than you thought.

Real Estate: the cross-border alternative for Luxembourgers

The Grand Duchy's real estate market is in the throes of an unprecedented crisis. For years, demand outstripping supply has led to ever-increasing prices, albeit offset by low bank rates. The vitality of the Luxembourg economy was reflected in high transaction volumes and the construction of ever-growing numbers of apartment buildings or individual homes.