Three months after the introduction of the Baukindergelds have already applied for 47.741 families in Germany, the power to assist in the acquisition of residential property. The Figures for funding applications to the competent KfW Bankengruppe and the Federal Ministry of construction.
most of The applications came so far from North Rhine-Westphalia (10.728), followed by Baden-Württemberg (6407) and lower Saxony (6039). Currently, around 3000 requests per week, it said.
The baukinder money, similar to the allowance of the previous home, may 18 since the. September be requested. Per year there is a funding volume of around three billion euros – it is one of the biggest new projects of the Grand coalition of the CDU and the SPD, in order to help in the face of rising real estate prices, families to fulfill the dream of your own four walls. In spite of the great demand, we assume that the volume of funding going to the rich, it said.
Overall, get so far, 82 of 865 children by using the Baukindergelds a new home. Most of the families that have submitted an application, have one or two children. The fewest applications were submitted in the city-States of Bremen (419), Hamburg (480) and Berlin (725), followed by the Saarland (736). It continues at the pace it could be in the coming year. Because it is the “wind dog procedure here”: If the annual funds are exhausted, they are exhausted. The Federal government not to shoot.
For building a house or buying a property is a governmental grant of 1200 Euro per year and child – about ten years beckons, there are 12.000 Euro. Is granted to the baukinder money for families and Single parents up to a limit of 90,000 euros of taxable household income in the year in a child. In the case of larger families, the limit per child is allowed to be 15,000 euros higher. A request to all parents or alone, the signed since January of 2018, a contract of sale or a building permit have to get moving. Who moved this year to the end of September as a new home, must make his request until the end of December in order to get the grant.
for the Last time applied for funding may be, if the end of 2020, a building permit was issued or a purchase contract is signed.
The funding period is three years. The applications may be submitted to KfW no later than three months after moving into the property online via the KfW-grant portal. Due to the technical structure of the program and of the only possible to upload documents such as income tax is modest, registration certificate and extract from the land register, to start the withdrawal until March 2019. Federal building Minister Horst Seehofer (CDU) stressed the importance of the project to sink the financing burden and allow many families the step into the residential property. “Also as a security in old age.” Ingrid Hengster, member of the management Board of the KfW Bank group said, the high demand show that the subsidy program to meet “the spirit of the time”.
The SPD, the project looks more critical, since many well-off families who want to buy, at the expense of all taxpayers for a subsidy. The Union argued that if families with the help of the Baukindergelds move from rental housing into their own four walls, these would be homes for others. Also will strengthen the pension plan. The Green prophesy, however, that this will fuel the real estate prices. The FDP calls for, instead of the subsidy to reduce the state purchase in addition to cost – free-amount of land transfer tax. This is because these countries tax the whole baukinder eats when purchasing money all the time.