General Assessment

Variable(2018)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
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Notes:
Notes: 19.1%, Covered Bonds
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 2010 = 100
Notes: 3 big commercial banks, 160 commercial/ regional banks, and 16 mortgage banks
Notes: Average of Gross Household Income
Notes: Average of Gross Household Income
Notes: Bausparkassen is a savings scheme for those who need to finance the acquisition, construction or renovation of a house
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme
Notes: Bausparkassen Savings Scheme 
Notes: Calculated by minimum income per hour * 40 (hrs per week) * 4 (weeks per month) * 12 (months per year)
Notes: Calculated by minimum income per hour * 40 (hrs per week) * 4 (weeks per month) * 12 (months per year)
Notes: Calculated by minimum income per hour * 40 (hrs per week) * 4 (weeks per month) * 12 (months per year)
Notes: Development Banks
Notes: Federal Financial Supervisory Authority (BaFin)
Notes: German states offer assist in public housing; promitional bank offers promotional programs for housing construction/modernisation for 1st time buyers
Notes: German states offer assist in public housing; promitional bank offers promotional programs for housing construction/modernisation for 1st time buyers
Notes: German states offer assist in public housing; promitional bank offers promotional programs for housing construction/modernisation for 1st time buyers
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927.
Notes: Germany's leading credit bureau SCHUFA was founded in 1927. 
Notes: Landesbanken, Bausparkassen Savings Scheme
Notes: Life insurance companies
Notes: Low & medium taxable income HHs could apply for Interest Bonus on savings
Notes: Low & medium taxable income HHs could apply for Interest Bonus on savings
Notes: Low interest mortgages from federally owned banks; 25-40 basis points below market rate
Notes: Low interest mortgages from federally owned banks; 25-40 basis points below market rate
Notes: Pfandbriefen and covered bond legislation
Notes: Pfandbriefen and covered bond legislation
Notes: Savings Banks = 35%; Cooperative Banks = 21%; Credit Banks = 19%
Notes: Since 1996, government pays 5% of the investment annually for 8 years (no more than 2,556 euros per year)
Notes: Since 1996, government pays 5% of the investment annually for 8 years (no more than 2,556 euros per year)
Notes: Sozialen Wohnungsbau
Notes: Sozialen Wohnungsbau
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The German Mortgage Bank Act (HBG) implemented in 1900.
Notes: The Pfandbriefen and covered bond legislation set the guidelines for underwriting
Notes: The seller is subject to capital gains if they sell the property after less than 10 years of ownership.
Notes: The seller is subject to capital gains if they sell the property after less than 10 years of ownership.
Notes: The seller is subject to capital gains if they sell the property after less than 10 years of ownership.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There are no legal constraints for lending. Most lenders typically only allow for 80%. However, there is an LTV max for mortgages that are included in covered bonds.
Notes: There is a property tax levied at a rate of 0.35% of the tax value of the property.
Notes: There is a property tax levied at a rate of 0.35% of the tax value of the property.
Notes: There is a property tax levied at a rate of 0.35% of the tax value of the property.
Notes: There is a real estate transfer tax of 3.5-6.5%. This tax is paid by the buyer of the property
Notes: There is a real estate transfer tax of 3.5-6.5%. This tax is paid by the buyer of the property
Notes: There is a real estate transfer tax of 3.5-6.5%. This tax is paid by the buyer of the property
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: There is an LTV cap for mortgages going into mortgage bonds.
Notes: Total unemployment above 15 to population above 15
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.
Notes: While there are no regulations for maximum LTV, 80% is typically the ceiling. Banks do make exceptions though.