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Hessengeld from March 1st: Financial support for first-time purchases of residential properties
Find out how you can get the new Hessengeld for buying residential properties. The state government in Hesse has decided on retroactive financial support from March 1st. Prime Minister Boris Rhein explains the details.
Hessengeld from March 1st: Financial support for first-time purchases of residential properties
The state government of Hesse has announced that financial support for the first-time purchase of owner-occupied residential properties will come into effect retroactively to March 1st. This measure was announced in Wiesbaden to ensure that potential buyers do not have to hesitate to postpone their decision due to uncertainty about the timing of the granting of the “Hessengeld”. Prime Minister Boris Rhein (CDU) emphasized the importance of this regulation, which is intended to make buying real estate in Hesse more attractive.
The funding aims to make it easier for first-time buyers in particular to purchase owner-occupied apartments and to provide them with financial support. The retroactive validity to March 1st encourages interested parties not to postpone their plans but to benefit from the financial aid. This measure is intended to create an incentive to stimulate the real estate market in Hesse and promote ownership.
It is expected that the “Hessengeld” will offer various financing options and support for the purchase of owner-occupied residential properties in order to make the first purchase of real estate in Hesse attractive for a broader segment of the population. This step by the state government shows the commitment to make it easier to purchase real estate and to stimulate the real estate industry in Hesse. Interested buyers should find out about the exact requirements and modalities in order to optimally benefit from this funding measure.