renovation or sustainability

Did you know you can use a mortgage for a renovation project or for sustainability measures?

Housing prices have gone up by up to 40% in recent years. A lot of people have a lot of excess value on their property! And the mortgage interest rate is still very low.

You can use this excess value to renovate your property or invest in sustainability measures. This will lead to a reduction of your energy charges, win-win!

Make the most of the current low mortgage interest rate and start renovating your property. Curious to find out of you can renovate your property using your existing mortgage? Use the calculator below.

Calculate within 1 minute if you can get a mortgage to renovate your property

Calculate within 1 minute if you can use a mortgage for a renovation project

  • Insight in the various options available
  • Non-binding
  • Within one minute


Calculate now

How does a mortgage for a renovation project work?

Using a mortgage to renovate your property without having to use a lot of your savings is a great idea. The bank will lend you the money, and you increase the value of your property and the level of comfort of living in your home. This will be of great interest to a lot of people as as property prices have gone up in recent years and the interest rate is still very low.  


This is also possible if you’ve already got a so-called ‘maximim mortgage’ 

If you can prove the value of your property will increase after the renovation project is finiahed, the bank will lend you this money. There are specific agreements in place if you want to make your property more sustainable. For example, a higher mortgage or a discount on the interest rate in case of sustainability! 


When will you be able to apply for a mortgage for a renovation project or sustainability measures? 

  • If the value of the property (after the renovation project is finisshed) is higher than your existing mortgage
  • You can afford a higher mortgage

Renovate your property to increase its value and level of comfort

Renovating your property or taking sustainability measures increases the value and level of comfort of your property. And you  don’t have to spend any of your savings when using a mortgage for this.


An extension or dormer window add square footage to your property. The value of this is often a lot higher than the actual costs. And a beautiful kitchen, new floor or fancy bathroom definetely increases the level of comfort! The low interest rate makes it very interesting to use a mortgage for this.


House prices in the Netherlands have increased by 40% on average in the past three years. But what are the benefits for you, if other properties are just as expensive? A renovation project is a great solution for using the excess value on your property.


save energy
make your house more sustainable

Energy prices have gone up considerably. Making your house more sustainable has never been more interesting. Using the low interest rate enables you to create a great return on investment on your mortgage without spending a lot of money on sustainability measures. Banks often offer special deals, making sustainability measures more interesting. For example, it might be possible to borrow more money and the interest rate is often lower. This makes it more interesting to use your mortgage for solar panels, insulation, a new heat pump or central heating.


Benefit from the low interest rate by updating your mortgage

The mortgage interest rate is still at an historic low, however it is slowly increasing again. Make the most of it while you can!


When doing our calculations, we also check if you can refinance your mortgage in order to reduce your monthly charges. This might make it possible to use your excess value without an increase in monthly charges.


Every month, you pay interest and (usually) pay off part of your mortgage. The mortgage interest rate is increasing but is still quite low! Something you can still benefit from.


The interest you pay has been agreed with your bank when you took out your mortgage. This doesn’t mean you are stuck with it. Refinancing your mortgage gives you the chance to benefit from a lower interest rate. This could save you hundreds of euros per month.  


In 2010 the interest rate was 6%, these days it is often lower than 1.5%. Taking out a new mortgage means you could pay 75% less interest compared to 2010! 

No charges upfront
we start with gaining insight in the different options

We have your best interest at heart! We will sit down and look into the most economical solution available to you. Are you happy with the possible savings you can make and would you like Vixx to handle your new mortgage? This comes at a certain rate. The notary needs to be paid and Vixx charges a consultancy fee. These charges can often be included in your new mortgage and are tax deductable.


We will inform you of any possible charges before we get started, to avoid any surprises at a later stage.

Vixx is an independent advisor

Once we have established that you can save money, Vixx will search for the bank whose terms and conditions meet your personal requirements. We do this as an independent party. Your advisor will compare more than 35 banks to get you the best deal.

You are our main focus

In the past, consultants were paid by the bank. This is no longer the case. As a customer, you get us involved to provide you with advise. We are here for you, not for the bank.


6 steps to the best deal for you

Curious to find out if you can use a mortgage for a renovation project? Fill in the calculator in and find out. It takes less than a minute!

If the mortgage calculator indicates a renovation project is feasible, just leave your details or schedule an appointment with one of our consultants. We will look into your current situation and discuss your wishes during a non-binding meeting. We will provide you with tailor-made advice, as every situation is unique!

After your meeting with the mortgage advisor, we will start searching for your most ideal mortgage! Which mortgage suits you best depends on your preferences and the conditions set by different banks. There are a lot of different mortgages, and they all have different terms and conditions:
- Interest rates
- Types of mortgage (linear, annuity, savings etc.)
- Fixed interest rate term
- Repayment
- And a lot more!

After we have looked into this for you, our mortgage advisor will provide you with a proposal on updating your mortgage.

When you are happy with this advice, Vixx will apply for a new mortgage proposal from the bank which meets your requirements. This could be your existing bank, or a different, cheaper bank.

Once the proposal is approved, Vixx will get cracking! We stay in touch with the bank and make sure all communication and necessary paperwork is dealt with accordingly. All you have to do is hand in the documents, Vixx takes care of everything else.

After the new mortgage contract has been signed, this needs to be registered at the notary. The notary will ensure your new mortgage is registered at the Dutch Cadastre, Land Registry and Mapping Agency and your old mortgage is no longer valid.

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Any questions? Just get in touch. We look forward to talking to you!

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Curious to find out if you can use a mortgage for a renovation project? Fill in the calculator in and find out. It takes less than a minute!

Follow in their footsteps!

Renovating without a lot of savings in the bank?

Myrthe and Pascal increased the value of their property by building an extension

Myrthe and Pascal live in Huizen with their two childres. They’ve been working from home since the pandemic started two years ago. Spending more time at home in the past two years made them realise they could do with more space. But life with two children is expensive enough as it is, and they didn’t have a lot of money to spend on a renovation project or a bigger property.


The mortgage interest rate has decreased in the past years, but the value of proporties has increased. You can benefit from this. We were able to increase their mortgage and create a budget to renovate their existing property.


Myrthe and Pascal used the budget to build a beautiful extension. They have a lot more space now, without increasing their monthly charges.

Reduce your energy bill by making your house more sustainable?

Gerald and Erna used a mortgage

Gerald, Erna and the rest of their family live in a 1930’s property in Utrecht. The house has a lot of character but it has an energy label G and the energy prices are going through the roof, which made them feel quite uncomfortable.


Sustaining the property is a great way to save energy. But it’s not the most fun way to spend your money. Proper insulation, new windows, solar panels and a heat pump could add up to €30K.


Vixx worked out Gerald and Erna can use a mortgage to make their property more sustainable. They also refinanced their mortgage to a lower interest rate. This led to a reduction of monthly charges, their property has increased in value and they can spend their savings on the fun things in life!

Renovating your property without excess value?

Vixx made this possible by arranging a construction deposit loan for Liyan

Liyan bought her first property early 2021. She needed a so-called maximum mortgage to set foot on the property ladder. It is now time to renovate her property. But how can you handle that if you don’t have much savings and you can’t increase your mortgage?


Obtaining a taxation of the property after the renovation project has finished, will lead to a higher mortgage as the taxation value of the property has gone up. This is called a construction deposit loan. This enables you to take out a mortgage to finance a renovation project if you don’t have excess value on your property.


Liyan’s property got a full upgrade: solar panels, a new bathroom, new walls and a new floor. And thanks to the money she saves on her energy bill, her monthly charges have not gone up!

In order to protect our clients’ privacy, these profiles are fictional characters based on actual results.

Calculate within 1 minute if you can use a mortgage for a renovation project

  • Insight in the money you can save
  • Non-binding
  • Within one minute
Calculate now

Questions on the Vixx MortgageUpdate

An experienced consultant who spends time looking into your personal circumstances, will be able to get the most out of your mortgage. We handle tens of mortgages on a monthly basis, and therefore have extensive knowledge on the various options. The mortgage market holds no secrets for us, enabling us to provide you with the best advice available. We compare mortgage suppliers, making sure you get the best deal.

Refinancing your mortgage might be interesting when your current interest rate is higher than the interest rate provided by mortgage lenders. Also, your long-term profit should be higher than the fine you pay to get out of your fixed-interest rate period. The sum of this fine depends on your personal situation.

The costs depend on your personal situation. The charges include a consultancy fee and possibly a fine for settlement of the fixed-interest rate period. It is possible to include this fine when financing your new mortgage. It is difficult to establish the exact costs without closely looking at your personal circumstances, please get in touch and we will provide you with an estimate free of charge.



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