• Facebook
  • Linkedin
  • Youtube
  • Instagram
T +31 (0)20 7173908 | Your file Apply for mortgage
Expat Mortgages
  • About Us
  • 7 steps
  • News
  • Calendar
  • Testimonials
  • FAQ
    • Pricing
  • Contact
  • Mortgage Calculator
  • Menu
  • Blog

Help with your Mortgage: the charitable initiative to help cut your payments with no strings attached

According to a recent survey by the AFM Dutch financial services authority, one in seven people have worries about whether they can pay their mortgage because of the corona crisis.

Meanwhile, mortgage providers such as Woonfonds have reported that a lot of clients are phoning them with questions about these concerns. So Expat Mortgages has joined an initiative to give advice and practical help to anyone who wants to investigate whether there is something they can do to reduce or postpone monthly payments to help them get through these difficult months.

Help with your Mortgage (www.helpwithyourmortgage.nl) is a charitable initiative uniting a team of experts behind a free-of-charge telephone helpline: 088-1661455. It was started by Sander de Loo from the Zorgeloosch foundation to help people in need with financial issues related to their mortgage in these uncertain times, and Expat Mortgages was keen to help.

Social initiative

Henk Jansen, owner of Expat Mortgages, explains that this is a wholly social initiative for people who are not clients. “A lot of people don’t have a broker or don’t get help offered from the bank to reduce their monthly mortgage payments,” he said. “Together with Zorgeloosch, Viisi and A&H Finance we’ve decided to start helping these people in times of (corona) crisis.”

There can be very simple steps to reduce monthly payments on an existing mortgage, particularly if the house value has gone up or you have been making repayments for a few years – and these can often be organized through your current bank or broker, he points out.

“Most people have already heard of the three (or maybe six) month payment pause banks offer because of corona but this is only a temporary measure (and you still need to repay it in the upcoming one and a half years),” he says. “But other structural options are also available.”

  • Lower LTV (loan to value): Over the past years the value of your property has probably gone up and your amount of mortgage reduced (because of repayment). This might make you eligible for a lower LTV band and a lower interest rate for the same mortgage.
  • Interest mediation: Many people have a relatively high interest rate with a short remaining fixed period. Some banks offer interest mediation to lower this rate.
  • Re-mortgaging: Sometimes it’s smart to check if re-mortgaging is an option. This means paying a penalty and some other costs and remortgaging using the low rates on offer right now.
  • Changing the kind of mortgage: It might be to your advantage to switch from, for example, a savings or life insurance type of mortgage to an annuity mortgage.

How does it work?
We ask people to collect relevant information about their mortgage, such as the amount still owing, remaining term, interest rate and mortgage type. They should then simply call 088 1661 455.
Expat Mortgages and other experts will review their financial situation with them – speaking in English or in Dutch – to come up with tips and a simple plan.

These personal tips will be emailed to them within 10 minutes. They can then take immediate action to lower their monthly payments!

Share this entry
  • Share on Facebook
  • Share on Twitter
  • Share on Google+
  • Share on Linkedin
  • Share by Mail
Do more with your home

Raising the roof - changing your mortgage to do more with your home

January 18, 2022
From €525 million in new government subsidies for home insulation to an experimental eco-renovation of a 1733 Amsterdam canal house, everyone seems to be talking about a sustainable way of living.
https://www.expatmortgages.nl/wp-content/uploads/architect-g126306371_1920.jpg 1277 1920 Kira Stienstra https://expatmortgages.nl/wp-content/uploads/2017/05/logo-definitief-expat.png Kira Stienstra2022-01-18 10:14:012022-02-02 10:11:58Raising the roof - changing your mortgage to do more with your home

GEZOCHT: ENGAGEMENT SPECIALIST

January 7, 2022
Ons doel is om vanaf het eerste moment binding met de klant te creëren zodat deze uiteindelijk één van onze ambassadeurs wordt.
https://www.expatmortgages.nl/wp-content/uploads/Vacature-foto-1.png 841 1080 Elitsa Zalevska https://expatmortgages.nl/wp-content/uploads/2017/05/logo-definitief-expat.png Elitsa Zalevska2022-01-07 14:55:092022-01-07 15:25:48GEZOCHT: ENGAGEMENT SPECIALIST
Solar Panels

Open the door to sustainable living

October 5, 2021
From €525 million in new government subsidies for home insulation to an experimental eco-renovation of a 1733 Amsterdam canal house, everyone seems to be talking about a sustainable way of living.
https://www.expatmortgages.nl/wp-content/uploads/vivint-solar-9CalgkSRZb8-unsplash.jpg 5041 3361 Gabriela Lameirão https://expatmortgages.nl/wp-content/uploads/2017/05/logo-definitief-expat.png Gabriela Lameirão2021-10-05 18:57:582021-10-06 07:45:30Open the door to sustainable living

Five stars and 500 reviews: Expat Mortgages hits a home run

September 23, 2021
Expat Mortgages has just hit a business milestone: 500 reviews via Google and satisfied clients who give it on average an independent, five-star rating for its services.
https://www.expatmortgages.nl/wp-content/uploads/500-reviews-4.jpg 1980 3520 Gabriela Lameirão https://expatmortgages.nl/wp-content/uploads/2017/05/logo-definitief-expat.png Gabriela Lameirão2021-09-23 09:28:002021-10-01 11:59:52Five stars and 500 reviews: Expat Mortgages hits a home run
Page 1 of 41234

ARTICLES & NEWS

Blog
News

RECENT POSTS

  • Raising the roof – changing your mortgage to do more with your home January 18, 2022
  • GEZOCHT: ENGAGEMENT SPECIALIST January 7, 2022
  • Open the door to sustainable living October 5, 2021
  • Five stars and 500 reviews: Expat Mortgages hits a home run September 23, 2021
  • Why should you renovate your home in a pandemic? August 26, 2021
© Copyright - Expat Mortgages | General conditions | Disclaimer | Privacy policy
  • About Us
  • 7 steps
  • Pricing
  • News
  • Testimonials
  • FAQ-OLD
  • Contact
Scroll to top
This website uses cookies to improve your experience and we store no personal details.Accept Privacy policy
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Non-necessary
Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. It is mandatory to procure user consent prior to running these cookies on your website.
SAVE & ACCEPT

All our advisors are available for online meetings!