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Schleswig-Holstein

KfW promotional loans for barrier reduction and burglary protection measures in existing residential buildings

Source: Zuständigkeitsfinder Schleswig-Holstein (Linie6PLus)

Service Description

Regardless of your age and income, you can apply for a low-interest promotional loan from the KfW banking group. Funding is available for modernization measures to make your home suitable for the elderly or disabled, as well as for burglary protection measures.

The following are eligible to apply:

  • all owners of investment measures in owner-occupied or rented residential buildings and owner-occupied apartments ( www.kfw.de/159 )
  • First-time buyers of newly barrier-reduced residential buildings or condominiums

A complete list of eligible measures can be found on the KfW website. Promotional loans are granted up to an amount of EUR 50,000 per residential unit.

The interest rate depends on the term of the loan and the agreed fixed interest rate and is between 0.75 and 1.06 percent APR.


Process flow

KfW only grants low-interest loans under this program through the mediation of banks, savings banks and other financing institutions.

Make an appointment with your financing partner (e.g. your bank or savings bank) before starting the modernization measures, the burglary protection measures or the purchase of the modernized property. They will apply for the promotional loan from KfW on your behalf. (See procedure)

The application must be submitted before the start of the project. The start of a project is deemed to be the start of construction work on site. Planning and consulting services as well as the conclusion of supply and service contracts are not yet considered the start of the project. In the case of an application for funding for the initial purchase of appropriately converted living space, the conclusion of the purchase contract is deemed to be the start of the project.

Your financial institution will require standard bank collateral for the loan. You must also prove to your financial institution that the funds have been used for the intended purpose.

What are the fees?

The interest rate of the loan depends on its term and the agreed fixed interest rate and is between 0.75 and 1.06 percent APR.

Legal basis
Applications / forms

Make an appointment with your financing partner (e.g. bank or savings bank) before starting the modernization measures, the burglary protection measures or the purchase of the modernized property. They will apply for the promotional loan from KfW on your behalf.

What else should I know?

Instead of a low-interest promotional loan, owner-occupiers in particular can apply directly to KfW for an investment grant for age-appropriate conversion. You can find more information on this at www.kfw.de/455-B .

Author
Forwarding service: Deep link to the original portal

The text was automatically translated based on the German content.

Technically approved by

Federal Ministry of the Interior

Professionally released on

18.05.2017

Process flow

KfW only grants low-interest loans under this program through the mediation of banks, savings banks and other financing institutions.

Make an appointment with your financing partner (e.g. your bank or savings bank) before starting the modernization measures, the burglary protection measures or the purchase of the modernized property. They will apply for the promotional loan from KfW on your behalf. (See procedure)

The application must be submitted before the start of the project. The start of a project is deemed to be the start of construction work on site. Planning and consulting services as well as the conclusion of supply and service contracts are not yet considered the start of the project. In the case of an application for funding for the initial purchase of appropriately converted living space, the conclusion of the purchase contract is deemed to be the start of the project.

Your financial institution will require standard bank collateral for the loan. You must also prove to your financial institution that the funds have been used for the intended purpose.

What are the fees?

The interest rate of the loan depends on its term and the agreed fixed interest rate and is between 0.75 and 1.06 percent APR.

Legal basis

Applications / forms

Make an appointment with your financing partner (e.g. bank or savings bank) before starting the modernization measures, the burglary protection measures or the purchase of the modernized property. They will apply for the promotional loan from KfW on your behalf.

What else should I know?

Instead of a low-interest promotional loan, owner-occupiers in particular can apply directly to KfW for an investment grant for age-appropriate conversion. You can find more information on this at www.kfw.de/455-B .

Author

Forwarding service: Deep link to the original portal

The text was automatically translated based on the German content.

Technically approved by

Federal Ministry of the Interior

Professionally released on

18.05.2017

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