New rules for mortgage lenders
Changes to mortgage rules will allow double-income households to borrow more money to buy a home in the Netherlands. Currently couples who both earn an income must calculate their maximum mortgage by using only 60% of the lower of their two salaries. The rule is in place to prevent couples taking on more debt than they can repay in case one person in the relationship loses their job. But from 1 January 2018, the amount of salary included from the lower income will increase from 60% to 70%. This means that, on average, couples may be able to borrow an additional €10,000-€20,000 to buy a new home.