Savings

While it is still possible to buy a property without a deposit, most property purchases require a deposit of between 10 and 20%. This amount of money allows you to get a better rate on your loan and to lower your monthly payments. Tip 1: Put money into a savings account each month Whether it's £50 or £500 per month, you can save up to £1,000 every month.

As a result of Covid-19, households in the Grand Duchy spent significantly less in 2020. The main culprits? The emergence of teleworking, the difficulty of travelling and enjoying leisure activities in the cultural and sports sectors, and the mistrust of an uncertain future. These new constraints have led to an increase in savings, which [...]

It's decided, in 2017, you're going to start building up a down payment to buy a property. Remember, the bigger the deposit, the better the bank financing. From the piggy bank... Your grandmother would certainly tell you: "there are no small savings". So start looking at where you can save money.

Are you planning a property project in the future, in the medium or long term? Opt for a home savings plan. Intended for anyone whose objective is to buy a property, these savings aim to facilitate access to the priority by building up capital. The purpose of a home savings contract is to enable a future buyer to save for a home.

On 29 February 2016, the government presented at a press conference the elements of the tax reform, which is to come into force on 1 January 2017. For the housing component, several measures were presented: Facilitating access to housing To improve the ability to finance one's own home, taxpayers who do not have [...]