Real estate financing guide released for Schleswig-Holstein

A guide has been released regarding real estate financing in the German state of Schleswig-Holstein, addressing the high demand for property in the region. Due to rising real estate prices in areas such as Kiel and Lübeck, the guide emphasizes the necessity of a solid financing strategy.

Key factors for successful property acquisition include understanding the mortgage lending value (Beleihungswert), which serves as the bank's security, and maintaining high creditworthiness (Bonität) to secure favorable loan conditions. The guide also covers the importance of equity, interest rate locks, the use of subsidies, and planning for follow-up financing.