age-based living I: reconstruction grants
Who his house or apartment to adapt to the needs in old age wants to, a new promotion of the KfW bank group to complete. This is charged from 1 May 2010 grants, for example, when installed elevators, doors widened or steps to be bridged. Applications may be made according to KfW private owners of A- and two-family homes and condominiums, home owner associations and tenants.
From an investment of 6000 € to be paid an allowance of five percent of the eligible costs, the KfW. The maximum subsidy per unit is 2500 €. It complements the already existing group, according to bank loans and funding from the Ministry of Federal funds will be supplied.
More at KfW
age-based housing II: real estate pension
The development bank of the Land Schleswig-Holstein is planning a so-called real estate pension which can continue to convert owner-occupied housing in a monthly payment. The target group are pensioners, which carry a paid-off house, do not get along with their monthly income but.
"The IB.ImmoRente works on the principle of reverse mortgage," shares the investment bank (IB) with. This means that senior citizens receive a loan with no progression from the term-based, rather. Paid will usually like a pension in monthly installments. "The payments are guaranteed for as long as their own property is occupied or to the 110th Age is complete. "What is the" fail-supplementary pension, "depends on the value of the house. In example calculations, the bank advertises with totals around 200 € per month.
Due, the loan according to the funding bank move out or death. Will finance the repayment from the sale of the property, but it could be disputed by other funds. In a sale a possible remaining balance would be paid to owners or heirs.
More at the development bank
