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Financing your project

1. The project & tips

  • 1.1. Buying an apartment in a residential complex off-plan

    Step 1

    You sign a deed of sale of property off-plan which provides that the total price is paid in instalments, based on the progress of works.

    This type of contract is governed by the laws of Luxembourg.

    Step 2


    The promoter is required to offer you a completion guarantee, which will be annexed to the notarial deed of sale and registered with him.

    Through this guarantee, a bank undertakes to pay the sums necessary for the full completion of the construction in accordance with the terms of the contact, should the seller not fulfil his completion obligation.

    The bank may replace this completion guarantee by a repayment guarantee. In that case, it undertakes to repay the buyer the instalments paid by the latter.

    Step 3

    Besides the deed of sale, you also sign the co-ownership deed, which specifies the common areas.

    The Co-ownership rules define the rules for joint living conditions among the co-owners.

    When you receive your new accommodation, a delivery report mentioning any shortcomings and defects is drawn up. By countersigning this report, the builder undertakes to carry out the necessary works at the earliest.

    The ten-year guarantee given by the builder covers the building against latent defects for a period of 10 years as from the delivery of the apartment.

  • 1.2. Buying an existing house or apartment


    The opinion of a building expert can also be useful to estimate the value of the building, detect latent defects (cracks, humidity) and estimate the costs of repairs to be carried out.

    When you have found a suitable house or apartment, you can sign a pre-contract.

    If the buyer finances the purchase of the property through a loan, it is usual practice to add to the pre-contract a suspensive clause providing for the outright cancellation of the pre-contract if the necessary funds are not obtained from the bank.

    Some renovation or transformation works may be vital.

    In that is the case, do not forget to apply for the necessary permits at the local Authority.


  • 1.3. Choosing a suitable land for construction
    1. Is it really a building land, with an authorisation to build issued by the Administration des Ponts et Chaussées (Ministry of Public Works) which is necessary for alignment of the house.
    2. You need a building permit, issued on the basis of the architectural plan by the Local Authority.
    3. Are the basic connections such as sewer, water, electricity, telephone and gas (if applicable) available?
    4. Does the land include hidden easements, such as a passage, spring, municipality pipeline?

    The Local Authority, the Land Registry, your notary and your architect can give you the answers to these questions.

  • 1.4. Building a detached house

    If you wish to personally handle the various phases of the project, customised construction provides you with a wide range of possible interventions.

    Your architect designs a pre-project taking into account your tastes as well as your financial capacity.

    He also prepares a detailed description giving precise specifications on interior and exterior finishes, installations and materials to be used.

    Once the final project is agreed, the architect gives you a detailed plan and plans the various construction phases.


    It is your responsibility to launch calls for tender for the different categories of tradesmen, to assess their proposals and to choose the companies to undertake your project.

    Your architect can help you find the most competitive and the most competent construction company, with references that can be verified.

    In order to relieve you of the responsibility and the conduct of the works, you can choose the option “turnkey house”.

    The construction company coordinates and supervises the works, and guarantees that deadlines and the quality of services are met.

    Along with the builder, you sign a purchase contract or a construction contract along with a specifications document describing the works to be undertaken.

    If the cost of your house is to be paid in instalments, you have the right to request a bank’s financial guarantee from your builder.

    Through this guarantee, the bank undertakes to pay the sums necessary for the full completion of the construction, should the seller not fulfil his completion obligation.

    On the day of handover of the keys, you sign with the builder a report of delivery of the house, which records the end of works and their compliance with the description.

    A ten-year guarantee covering the entire works against latent defects over a period of 10 years is given to you by the builder. It starts on the date of delivery of the house and must be mentioned in writing in the report of delivery.


2. Home Loan: Interest rate and duration

  • 2.1. General explanations
    • A home loan is a loan to buy a property: building land, apartment, house, etc.
    • It is often in the form of a mortgage loan (a loan with a mortgage)
    • By mortgaging a property, the subscriber pledges a property (generally the property for which the loan is requested), which is the guarantee for the institution lending to the borrower
    • This pledged property is recorded in the mortgage registry and the lender (the lending institution) retains a right of priority of repayment if the borrower were to sell his property to settle his debts
    • Interests represent the cost of the home loan and therefore the remuneration for the lending institution.
  • 2.2. Types of interest rates

    Variable rate

    • The financing method most used in Luxembourg
    • Updated on a frequent basis to reflect changes in market interest rates
    • Also offers the possibility of making additional repayments and thus reducing the term of the loan
    • Not very risky since the rate is the market rate

    Revisable fixed rate

    • The interest rate is generally fixed for a period of 3, 5 or 10 years
    • During this period, the rate remains unchanged. The borrower thus knows the exact amount to be repaid and is protected against any increase in interest rates until the next revision of rates
    • At the end of the chosen period, the interest rate is revised and can again be fixed for a specified period or replaced by a variable rate

    Long term fixed rate

    • The rate is fixed at the signature of the contract for the entire contract period (generally 15 or 20 years)
    • Advantage: the exact amount of repayments is known in advance
    • Disadvantage: the borrower is protected against any increase in market rates, but does not get the benefit of any decrease in these rates

    Possibility of taking up a loan with the interest rate partly variable and partly fixed in order to balance the risk.

  • 2.3. Term of the home loan
    • The term can vary depending on the borrower’s choice and his repayment capacity
    • It can also vary depending on the type of property to be financed
    • In the case of variable rates, the term can also be reduced through earlier repayments
    • In Luxembourg, the most common term for a home loan is 20 years
    • Financial institutions increasingly tend to extend the term of home loans to make them more accessible to their clients
    • Some financial institutions propose a term of 20 to 30 years
    • Some banks extend the term of home loans up to 40 years subject to certain special conditions

3. Financing Plan

  • 3.1. The financing plan helps the buyer to properly decide on the amount to borrow.

    In fact, the difference between, firstly, all expenses to be incurred for the purchase or the construction of the dwelling and, secondly, all the various sources of financing available to you, will be equivalent to the amount to borrow.

    To help you draw up a financing plan for your property project, you can use the following table in which we have included the expenses to be borne and the financial resources that you may have.

    Cost of land
    Prices of construction / acquisition
    Costs of development and transformation
    Notary fees
    Mortgage deed fees
    Architect's fees
    Premium on outstanding balance insurance*
    Incidental expenses
    Savings/personal funds
    Funds from a housing savings scheme
    Income from life insurance
    Sundry funds
    Premiums granted by the State
    Premiums granted by the Local Authority
    VAT refund

    The formula to calculate the loan required for the construction / purchase of your dwelling:


    The insurance outstanding balance allows you to insure a given capital in the event of death during a specified period. For a home loan, if the insured dies during this period, the insurance company undertakes to repay the outstanding loan balance to the beneficiary. The family is protected from the financial charges relating to the loan in the event of death of the insured.

4. Refunds and Guarantees

  • 4.1. Repayment
    • The loan amount
    • The interest rate
    • The financing term

    In principle, repayment starts as from the grant of the home loan. However, most lending institutions allow the borrower to start repaying after a period of use to be agreed upon this is the deferred capital repayment.

    Thus, if you have purchased a dwelling for which the construction or renovation is not yet completed and you are still paying rent for your current accommodation, you refund only the interests due over that period until you move house. The “normal” monthly payments are only paid as from the time you move house.

    Take one third (33%) of your permanent income as a benchmark to make a good decision on the part of your budget to be allocated to monthly repayments of your home loan.

    Do you wish to ensure that your budget is balanced? Maintain a suitable standard of living, taking into account your permanent income and your fixed expenses.

    Example of calculating disposable income and repayment capacity

    The repayment capacity recommended in this example is:

    Monthly disposable income (5 756.00 €) x 33 % (i.e. one third of your income)
    = 1,899.69 €
    Net monthly income of husband (after taxes)
    Net monthly income of the wife (after taxes)
    + Family allowances
    + Other fixed income (after taxes)
    3,000.00 €
    3,000.00 €
    185.60 €
    0 €
    TOTAL INCOME 6,185.60 €
    - Current monthly expenses (current loans, insurance premium…) 429.00 €

    This difference must not exceed +/- a third (1/3) of the monthly disposable income to ensure a decent standard of living.

  • 4.2. Garanties

    The grant of a home loan is subject to certain basic conditions as well as guarantees required by the lending institution.

    • The lending institution requires a personal contribution from the borrower (10 to 25% of the total cost) based on his personal situation and his repayment capacity. Generally, the bank is not willing to finance, for instance, costs which do not add to the property’s value, such as the insurance premium, mortgage fees, etc.
    • In some cases (if the borrower’s repayment capacity is largely secure and the risk of default is limited), it is possible for the lending institution to finance the total cost of the loan.
    • Thanks to the mortgage, the property is itself pledged to the lending institution, which reserves the right to offer the property for sale if the debtor no longer has the capacity to repay his loan. However, this is an extreme measure, only applied if there is no other solution.
    • The lending institution generally also requires an outstanding balance insurance, which covers the balance to be repaid in the event of the borrower’s premature death.
    • The lending institution requires the subscription to a fire insurance (generally free of charge) during the property’s construction period
    • Other guarantees that may be considered are as follows:
      • Assignment of salary
      • Mortgage on another property
      • Pledging of an investment portfolio account
      • Bank guarantee
      • Pledge of a life-insurance policy
      • Guarantee from another bank or endorsement of a third party
      • etc.

Insuring your property

1. Housing and insurance go hand in hand!

  • 1.1. Housing and insurance go hand in hand!

    This is vital for the financial security of your family and for the long term success of your project.

    Indeed, as soon as we decide to start a family, forward planning should be a natural reflex. We are responsible not only for ourselves, but also for our spouse and children.

    When you contract a housing loan, you are normally required to take up one or even several insurance policies. The purpose of insurance policies is to guarantee the lending institution as well as the persons themselves.

2. Outstanding balance insurance

  • 2.1. Definition

    This insurance covers your loan against the outstanding balance in the event of death.

    Your spouse or heirs will become the owners of the building, without having to pay the remaining monthly instalments (capital and interests) in your place.

    It also represents a security for the family (spouse, children) since, in the event of a death, the repayment of the home loan is covered by the insurance (fully or partly, depending on the terms and conditions chosen).

  • 2.2. To note

    You can also divide the capital between the two persons, taking into account that:

    • in the event of death of one of the two borrowers, only the latter’s debt will be written off and the surviving borrower will have to continue to pay his share of the loan.
    • it can be paid as a single premium (included in the loan amount and tax deductible, therefore advantageous) or through annual premiums.
    • the capital insured decreases annually based on the amounts already repaid.
    • the insurance amount is mainly a function of the amount borrowed and the age of the insured.
  • 2.3. Tax benefits in the case of a single premium

    Tax deductible amount of the outstanding balance insurance:

    Taxpayer Increased ceiling (up to 30 years) Over-increased ceiling (31 to 49 years, slice multiplied by the number of years) Over-increased ceiling (50 years and more)
    no children 3,000 € 240 € 7,800 €
    with 1 child 3,672 € 294 € 9,547 €
    with 2 children 4,344 € 347 € 11,294 €
    with 3 children 5,016 € 401 € 13,041 €
    with 4 children 5,688 € 455 € 14,788 €
  • 2.4. If you have already taken a life-insurance?

    If you already have taken a life-insurance, this may be amended into an outstanding balance insurance (under certain conditions).

    It is therefore recommended that you contact your insurer to jointly look into whether, and under what conditions, your life-insurance could be converted into an outstanding balance insurance.

3. Home insurance

  • 3.1. Definition

    This insurance guarantees the building, and the purpose is to repay the cost or to reconstruct the home after a loss.

    • It is often offered free of charge by insurers, either for 1 or 2 years, or until the building under construction is completed (generally when the heating system is installed).
    • The conditions for this free insurance may vary slightly from one insurer to another.

    In the case of a rental, the law considers that the tenant is responsible for the loss, unless he can prove otherwise.

    • It is the responsibility of the tenant to compensate the landlord… and the neighbours, if necessary.
    • Generally the lessor requires the lessee to take up a “home” insurance in his own name.
  • 3.2. To note

    Water damage – lightning – storm – hail – electrical hazards – theft – attempted theft – vandalism.

    Since 1992, the law also provides for damage caused by a terrorist attack or an industrial dispute.
    Due to this extension of risks covered, fire insurance is now called “home” insurance.

    Civil liability can generally be included in the same policy.

  • 3.3. Determining the amount of your home insurance policy

    It is therefore important to calculate this figure as accurately as possible when the insurance is taken and also to revise it on a regular basis.

    It is recommended to keep photos and any other proofs of your household effects and valuables.

4. Decennial liability insurance

  • 4.1. Definition

    It offers the owner the guarantee that he will be compensated over 10 years following the completion of works, in the event of construction problems.

  • 4.2. To note
    • load-bearing units used for the stability and solidity of the building,
    • units used for the purposes of enclosure, cover and water tightness,
    • ducts, radiators, pipe work, lines, shafts and coverings of all types,
    • in the event of failure of the builder, the buyer is protected during the decennial period.
  • 4.3. Advice

    Since it is not compulsory but it can be very useful, it is important for the owner to ensure – before any commitment – that the builder has taken such an insurance.

5. General liability insurance

  • 5.1. Definition

    If it is not included in your “home” insurance policy, take it as a separate insurance.

    In effect, it covers all damages for which you could be liable and which are not included in the fire, storm, water damages and other clauses of your “home” insurance.

  • 5.2. To note

    You are liable under the law.

    You will be required to compensate the victim fully, without compensation limit or ceiling.

6. Contract works insurance

  • 6.1. Definition

    It covers damages caused during the building’s construction.

  • 6.2. To note
    • physical injuries,
    • damages caused to neighbouring buildings,
    • theft,
    • neighbourhood annoyances.

All about VAT

1. VAT relief

  • 1.1. The VAT rate in the Grand Duchy of Luxembourg is 15%. However in some cases one can benefit from a super-reduced rate of 3%.

    The Luxembourg government has adopted a series of new laws in relation to the housing policy with the objective of encouraging the supply of housing through precise and targeted measures. The new laws reduce the tax burden applicable on the sale of building lands, residential buildings as well as on the purchase and construction of residential buildings.

  • 1.2. What does creation and revovation of a dwelling mean?

    The creation of dwelling encompasses: 

    • the construction of a dwelling, including the construction of a garage or a site (provided it forms a single unit with the dwelling used as the main residence), pursuant to a contract of sale of buildings to be built and / or of a contract for the supply of services or facilities;
    • Construction works fully or partly carried out by the owner or with the assistance of various categories of tradesmen;
    • Conversion into a dwelling of a building or part of an existing building previously used for other purposes (e.g. Conversion into a dwelling of an office building or conversion of a barn into a dwelling);
    • The extension of an existing dwelling through the addition or enlargement of dwelling rooms.
    • The renovation of dwelling encompasses:

      • Substantial improvement works carried out following the purchase of a dwelling. The said works must be completed within five years of this purchase. Purchase means an acquisition for consideration (e.g. Sale) and an acquisition free of charge, inter vivos or following death (e.g. Donations, inheritance);
      • Substantial improvement works on a dwelling constructed at least twenty years before the start of the said works. These works must be completed within two years as from their start. Renovation periods can occur in succession with or without a break.

    The following are excluded from the tax relief regime

    • furniture (including fitted kitchens) except for heating stoves;
    • Interior joinery other than staircases, ramps, doors and window sills;
    • Special technical equipment, such as installation of an alarm;
    • Development of the surroundings, except for the direct access road to the dwelling or garage;
    • Notary, architect and consulting engineer’s fees

    Works that may be eligible for VAT relief:

    Works Creation of housing Renovation following the acquisition Housing renovation least 20 years old
    Excavation works Yes Yes No
    Load-bearing units used for the stability and solidity of the building Yes Yes Yes
    Units used for purposes of enclosure, cover and water tightness, including screeds Yes Yes Yes
    Construction or demolition of interior walls separating Yes Yes Yes
    Breakthrough new doors or windows Yes Yes Yes
    Walling of existing doors or windows Yes Yes Yes
    Frontages Yes Yes Yes
    Building plastering Yes Yes Yes
    Staircases and ramps Yes Yes Yes
    Ceilings and fixed partition-walls Yes Yes Yes
    Parts of ducts, pipe-work, lines and shafts of all types inside walls, ceilings or floors, as well as those underground and used for connection to public infrastructures Yes Yes Yes
    Lifts and elevators in houses or apartments as well as fixed structures Yes Yes No
    Stiles and frames of interior doors Yes Yes No
    Interior doors Yes Yes No
    Sanitary equipment Yes Yes 1
    Heating equipment Yes Yes 1
    Building hardware Yes Yes No
    All types of covering for walls, floors and ceilings Yes 2 No
    Interior and exterior paint including painted paper Yes 2 No
  • 1.3. The refund procedure
    • For the purchase of construction materials, i.e. when the owner undertakes the works himself without having recourse to the various categories of tradesmen;
    • For the sale of new buildings the intended use of which is not yet defined and for contracts of sale of buildings to be built insofar as they concern new constructions undertaken at the time of the contract;
    • For invoices where the amount exclusive of tax do not exceed €3 000;
    • In cases where the effective use of the dwelling is not yet determined at the time of its creation or renovation.

    Each invoice must separately relate to an amount exclusive of VAT exceeding one thousand two hundred and fifty Euros (€1 250).

  • 1.4. Note: Any right to VAT refund is limited to 5 years as from the 31st of December of the calendar year in respect of which the tax is to be refunded.

    Any person having undertaken or has caused to be undertaken the works listed above, without benefiting from the direct application of the rate of 3% can request VAT refund, provided that:

    • The request relates to a total amount, excluding VAT, exceeding €3 000 and covers a minimum period of 6 months;
    • The time limit for VAT refund has not expired;
    • The total amount of the VAT relief does not exceed €50 000 per dwelling created or/and renovated.

    A list of invoices accompanied by the originals of the invoices as well as proofs of payment must be annexed.

  • 1.5. Reimbursement of the tax relief

    According to the regulations applicable before the coming into effect of this law, the tax relief granted was in question when the dwelling for which it was granted was sold or used for purposes other than as the main residence within ten years as from the 1st of January of the year of completion of works for which is the relief is granted.

    • In the event of a sale, there was no need to adjust the VAT amount as long as the buyer took over the related obligations from the seller.
    • The tax relief granted was to be refunded up to 1/10th per remaining year to complete the ten-year period.

    Pursuant to the new law, the tax relief is to be fully returned with interests at the legal rate as from the day of its grant if the dwelling is used for purposes other than as the main residence within two years as from the 1st of January of the year following the one during which the eligible works were completed.

    • The beneficiary of the tax relief is exclusively responsible for the reimbursement.
    • Failure to define the intended use within the timeframe is deemed to be use for purposes other than as the main residence.

2. Direct application of the 3% rate

  • 2.1. Since 1 January 1992, the normal VAT rate is 17%.

    In order to stimulate housing construction, the government subjects the creation and renovation of a dwelling to the super-reduced rate of 3%, provided that it is used as the main residence, either directly by the owner or indirectly by the tenant.

    Dwelling means any building or part of buildings representing a distinct unit (e.g. an apartment) likely to be used as the main residence, including the garage, cellar or interior common areas related to it.

    The simultaneous use of a dwelling as the main residence and for other purposes gives right to the tax relief, provided that the area reserved for the main residence is more than three quarters of the total area. If this area is less than or equal to the said proportion, the tax relief is granted in proportion with the part reserved for the main residence.

  • 2.2. Procedure for direct application of the super-reduced rate of 3%

    May be authorised for creation and renovation works carried out by categories of tradesmen within the limits and conditions set out in the Grand-ducal regulations of 30 July 2002 concerning the application of Value Added Tax on the use of a dwelling as the main residence and on creation and renovation works carried out in the interest of dwellings used as the main residence and setting out the related terms and conditions.

    • This new procedure is only allowed for works carried out after 31 October 2002.
    • The taxpayer (the supplier), responsible for carrying out the work, submits a request for direct application of the super-reduced rate to the administration de l'enregistrement et des domaines (land registration and estates department) for approval.
    • Besides information relating to his company, he must also provide information on his client and the concerned building.
    • As can be expected, these details are completed by the owner.
    • Finally, he gives a brief description of the nature of works to be undertaken as well as the approximate cost.

    The request, which should be in the format recommended by the department, is signed by the taxpayer and countersigned by his client. In practice, the company may send the said request with its quote to the client who approves, completes and signs it.

    In the absence of prior authorisation, the company is required to invoice at the rate generally applicable in this respect and the owner must follow the refund procedure in order to benefit, if applicable, from VAT refund up to the super-reduced rate of 3%.

    The tax relief arising from the direct application of the super-reduced rate of 3% respectively of the refund up to the rate of 3% cannot exceed €50 000 per dwelling created or/and renovated.

  • 2.3. Additional information

    If the beneficiary or his right-holders sell the dwelling or change the intended use thereof within 10 years, they must reimburse all or part of the tax relief.

    However, in the event of a sale, this reimbursement is not required if the buyer continues to use the dwelling as the main residence and provided he declares that he continues the personality of the transferor whose rights and obligations in respect of VAT he assumes.

    Any transfer for consideration or any use other than as the main residence is to be declared in writing to the department within one month, failing which a penalty may be imposed.

All about the tax credit

1. Principle & Conditions

  • 1.1. Le crédit d’impôt : Principe & Conditions

    The grant of the tax credit is subject to certain conditions, namely:

    • actual and personal occupation of the dwelling purchased, within two years and for five years, unless otherwise provided for;
    • prohibition to rent or use the property for other purposes over a period of five years;
    • requirement of residence in Luxembourg at the time of execution of the notarial deed and the postponement of the grant if this requirement is met later;
    • the law provides that the buyer must be a natural person “resident in the Grand Duchy of Luxembourg and registered at the population registry of a local authority”;
    • persons who do not reside in Luxembourg yet but who intend to establish their effective residence there, will not immediately obtain the tax credit provided for by the law.

    The relief is applied when they actually occupy the property. It is important to note that these buyers are also subject to the condition that the notarial deed should contain the undertakings provided under Article 7 of the law, in particular that of personally occupying the property.

    To obtain refund of the duties, the buyer must apply in writing to the relevant office, supported by a certificate of residence.

    After five years of occupation, the buyers are free to use their accommodation as they wish, since the relief is then final. To be entitled to another relief, two conditions must be met:

    • the buyer must have an outstanding tax credit balance;
    • the buyer must personally occupy this new dwelling.

2. Be acquired

  • 2.1. Purpose of the acquisition
    • on places to be constructed in a residential area and on which a building can be erected immediately by virtue of building regulations;
    • on property intended to be used as the owner’s main, personal and effective residence. Buildings under construction are also included;
    • on annexes to existing buildings, whether or not built up: by way of example, built-up annexes include garages, sheds, barns; non built-up annexes include gardens. All these annexes can either be adjoined to or separate from the main residential property, but must be close to it.

3. Period of occupation and tenure

  • 3.1. Le délai d’occupation

    Le délai d’occupation ie le délai dans lequel les acquéreurs doivent occuper l’immeuble acquis.
    L’article 10 stipule que l’occupation doit être effective dans un délai de deux ans à compter de la date de l’acte notarié d’acquisition. En cas d’acquisition d’une place à bâtir ou d’un immeuble en voie de construction, ce délai est fixé à quatre ans.
    Toutefois, ceux-ci peuvent être prorogés par décision du directeur de l’administration de l’enregistrement.

    En cas de non respect du délai d’occupation :
    A défaut de demandes en prorogation, l’inobservation des délais de deux respectivement quatre ans, respectivement prorogés, donne lieu au remboursement total de l’abattement accordé pour l’opération concernée.
    Dans tous les cas où il y a lieu au remboursement, celui-ci est restitué à l’administration avec les intérêts légaux à partir du jour de l’octroi de l’abattement.

  • 3.2. La durée d’occupation

    La durée d’occupation, ie le temps d’occupation de l’habitation, requis pour bénéficier définitivement de l’abattement fiscal.

    L’occupation doit rester un fait acquis pendant une durée ininterrompue de cinq ans au moins.
    Toutefois le directeur de l’administration de l’enregistrement peut dispenser de cette condition dans les cas où celle-ci ne peut être respectée pour des cas de force majeure ou à la suite d’une situation telle que :

    • la maladie de l’acquéreur, rendant impossible l’occupation de l’immeuble,
    • la vente forcée de l’immeuble,
    • l’expropriation pour cause d’utilité publique,
    • le divorce ;

    Cette liste n’est pas limitative. D’autres cas pourront être pris en considération, pour autant que les faits et circonstances de l’abandon sont indépendants de la volonté ses bénéficiaires.

    En cas de non respect du délai d’occupation :
    Les acquéreurs, qui au cours de la période d’occupation de cinq ans, vendront l’immeuble respectivement l’affecteront à un autre usage sont soumis à l’obligation de remboursement comme en cas de non respect du délai d’occupation.
    Étant donné que ce remboursement a pour effet de reconstituer le crédit d’impôt jusqu’à concurrence de l’abattement consenti et remboursé, les acquéreurs jouiront de nouveau de la totalité de leur crédit, sous réserve de rembourser les intérêts dus sur l’abattement.

Moving with ease

1. Moving house is no small task

  • 1.1. In short

    Finally. You have found your new home and you are getting ready to move house. Couldn’t be simpler, you might think! The reality may well be very different.

    There is no short cut to moving house. Indeed, the earlier you start, the more prepared you are, the smoother and easier it will be. In general, you wish to relocate your home without any damage, loss or administrative hassles. You therefore have to take certain precautions.

    To avoid any disappointments, we are pleased to offer some tips, based on commonsense: what you must not forget before, during and after your house move.

2. Tips before, during and after your move

  • 2.1. Moving house by your own means

    Renting a van and calling upon some friends is the cheapest way to move house.
    That day you need to put in a lot of efforts and determination…

  • 2.2. Before your move
    • Rent the van
    • Call your relatives and/or friends
    • Get enough boxes
    • Pack as much as possible
    • Number your boxes and make a separate list of their contents
    • Write on the box the room in which it has to be deposited
    • Number the various parts when your disassemble your furniture and keep the screws in a bag
    • Keep important documents in a safe place (keys, marriage certificate, bank documents, educational certificates, etc.)
    • Do not forget to contact the responsible departments for reading and closing the meters of your former home and for connecting your new one to public distribution networks (water, gas, electricity, etc.)
    • Transfer your telephone line
    • Ask the post office to automatically redirect your mail to your new address
    • Contact your insurance company to transfer your home insurance policy to your new home.
  • 2.3. When you are in your new home
    • Change the keys of the entrance doors in your new home
    • Connect your fridge and freezer as soon as possible
    • Check that there is no damage to your furniture
    • First assemble your furniture
    • Keep your important documents in a safe place
    • Do not forget to register yourself in your new local authority
    • Meet your new neighbours…

3. Call upon professional service providers when moving house

  • 3.1. What you need to know

    Professional removal companies allow you to save on time and efforts. To avoid breakage, it is better to have recourse to a team of professional removers. Advice and know-how are indeed most welcome at such hectic times. Professionals are experienced and better organised. They also have the necessary equipment to ensure that there is no damage to your furniture and delicate objects.

    Moreover, in the event of breakage or damage caused by a remover, the damages are covered by the company’s insurance since the company is contractually liable for the goods under its responsibility.

  • 3.2. The factors to take into account
    • Take an appointment well in advance (if possible 2 months before you move house)
    • Ask for a detailed quote
    • Contact several removal companies to compare prices
    • Choose a company recognised for its good level of services
    • Be careful about the general and special terms and conditions
    • After your house move, unpack your boxes and check all furniture as soon as possible
    • In the event of dispute with your removal company, we advise you to send a registered letter with acknowledgement of receipt within 3 days of the house move in order to inform it of the damage and request for the compensation provided for in the agreement.