This deadline expires at the end of 2022
The Federal Court of Justice has ruled that account fees are not permitted during the savings phase of building society contracts. However, a deadline expires
Real estate
Rise in property prices slows down significantly
Prices for single- and two-family homes have shot up the most in sparsely populated areas. Overall, however, the increase has been slower than it has
Back payments expire after New Year’s Eve
If the landlord delays paying the utility bill, this may be advantageous for the tenant, as he or she will not have to pay. Those
This is why building society contracts are booming again
Building a house is a real challenge at the moment. But saving for it is back in fashion. With this good old financial product. The
Building permits in Germany continue to fall sharply
There is a shortage of housing in many German cities. There are several reasons why building permits in Germany are declining sharply. The decline in
Housing shortage will last “for at least another ten years”
Too few new apartments are being built in Germany. The result: high rents and purchase prices. According to the housing industry, this will probably remain
Federal government promotes sustainable residential buildings
Anyone who builds sustainably can receive state funding. Builders receive a maximum grant of 150,000 euros. New rules for the funding of new buildings will
Vonovia stops all new construction projects for 2023
The real estate company Vonovia is suspending all new construction projects planned for the year. The rental prices required to cover costs would be unrealistic.
This is what German politics must do now
Vonovia is stopping all new construction projects. This is fatal – and not just for the cities affected. Politicians must now act quickly. It is
Building materials are becoming increasingly expensive
Glass for windows costs over 49 percent more than last year. The price of many other building materials has also risen noticeably. This has an