New conditions for granting a mortgage in Luxembourg

Since January 1st, 2021, new conditions have been put in place and this according to the profile of the buyer.

You are what is called a first-time buyer, so you are buying your first property in Luxembourg. Your loan, “loan to value”, is limited to 100% of the purchase price of the property. You can no longer include in the loan a lump sum for the purchase of the future kitchen or for other improvements.

You already own a main residence and want to change it. The bank is relying on the fact that you are making a nice profit from the sale of the previous one. You will be granted a 90% loan to value. If the bank can afford it, it may raise the lending ratio to 100%.

If you are a real estate investor or if you wish to acquire a 2nd home, your borrowing level will be limited to 80% of the property value and the total loan limited to 800 000 euros.

For more information on how to apply for a mortgage, contact us at or +352 621 355 207

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