The home loan in three main steps

The main things we remember about the housing sector over the past 12 months are the rise in interest rates and the fall in property prices. However, following their fall in 2024, property prices in Luxembourg have now stabilised, and the many measures designed to boost the sector have finally been extended until 1 July 2025. This is good news if you are planning to buy in the near future, as the first half of 2025 is the ideal time to get your property plans back on track.

You've heard so much about them that you can't ignore them any longer. Especially as you now see them just about everywhere… except on your roof! Now is the time to take a more serious interest, for the sake of our planet!

Looking back to the events of early 2022 and the developing global crisis and challenges, the real estate market in Luxembourg has known some changes: price adjustments, decrease of new constructions and high interest rates have taken their toll. We spoke to Andrea Maramotti, CEO of Immotop.lu about the actual situation.

Rising interest rates, a crisis-ridden construction sector, falling property prices: that's the current situation on the property market. But what does this mean for private individuals looking to buy a property in 2024? We spoke to Claude Hirtzig, Head of Retail & Professional Banking, at Spuerkeess, to find out more about the development of the real estate market and housing financing.

Buying to renovate, or simply renovating your property after several years because it no longer meets today's energy standards, is a great project that requires certain knowledge. Before taking the plunge, you should find out what's new in the energy sector by contacting various suppliers and also by checking out all the state aid and private support available to ensure you get the most favourable financing. In this article, we'll look into the good reasons to start an energy renovation project this year.

'Should we buy or rent?', ask Julie and Charel, a young couple in the process of making life's big decisions. Having recently completed their studies, they're now well established in their jobs and looking forward to embarking on a new stage in their lives: the time has come to buy their first home.

Many unforeseen events can occur in life: a desire to move elsewhere for a work opportunity, downsizing your home as you approach retirement, a divorce or separation. These events can cost more than you've acquired so far, so financing is an absolute must! But will your bank support you in this change, given your advanced age?

If you have just finished your studies or started your professional life, you are probably not thinking about saving money. And even less about saving to buy a property. Your own apartment… that’s a lot of money and still seems a distant dream, right? OK, but what if we told you that you can get started right away? Here’s how!

Do you have a property project on the horizon for which you're already thinking about applying for a loan from your bank? Spuerkeess supports you and adapts to your needs. To make it easier for you to purchase your property, you can apply for a home loan directly online via S-Net, with the support of a Housing Advisor. Mirko Kessler, Team Manager of the Lending Division at Spuerkeess, explains why the bank wanted to digitalise its customer journey.

In case you haven't noticed, it's cold outside! Out with the summer jackets and in with the scarves and overcoats! This is also usually the time when people start cranking up the heating at home. At Marc and Sophie’s house, however, their old boiler no longer works properly and is far from economical. As a result, Sophie has to wear her fleece around the house, and Marc tears his hair out each time he receives the heating bill.

You've found your dream house, and all you have to do now is take out a housing loan with your bank. You're wondering whether to go for a fixed or variable rate. There are no right answers and no magic formula. Since no two properties are alike, your Housing Advisor is best placed to offer you financing solutions suited to your project and, above all, to your personal and financial situation. Still, there are some important differences between fixed and variable rates.

Are you considering a real estate project but don't know if you can afford it? You can find out the sum that you'd need to borrow and how much you are able to repay by producing a financing plan!