Hypotrust introduces vrij leven hypotheek

FIRST-TIME BUYERS 
First-time buyers are having a hard time in the current market. In addition to higher house prices and a smaller supply of homes, it is becoming increasingly difficult for first-time buyers to obtain a mortgage, meaning every euro matters. The Vrij Leven Hypotheek has been developed especially for this group of buyers. Including a competitive ten years fixed rate, customers also benefit from a ‘lowest interest rate check’ (‘passeerrente’) if the mortgage is originated within four months. In this way, consumers can save as much as possible – or at least have that one dream home (one that is suitable for their requirements) within reach. And if the offer doesn't lead to an origination, we won't charge any extra costs. If consumers are struggling financially during the term of the mortgage, we will investigate possible solutions. Hypotrust is also offering a cashback promotion of €300 for the first confirmed borrowers this year, which could be used to pay for the valuation report. This promotion applies to all customers within the promotional period and is on a ‘first come, first served’ basis.

BRAND-NEW FEATURES 
This product by Hypotrust has a few more brand-new features. Firstly, the whole process has been made clearer and simpler for both consumers and consultants. More understandable, shorter text in both the mortgage offer and the underwriting criteria saves lengthy explanations and time. Using external sources such as the ‘UWV-verzekeringsbericht’ (a statement from the Employee Insurance Agency detailing your employment history and wages) as a replacement for the employer's statement means fewer links and checks are needed to provide clarity to consumers as quickly as possible. Steps have also been taken with regard to conditions. For example, Vrij Leven Hypotheek customers have the option of averaging out the interest rate during the term of fixed-interest period.

FUNDING 
The lender behind the Vrij Leven Hypotheek is BAWAG P.S.K., one of the largest banks in Austria. The Hypotrust Vrij Leven Hypotheek mortgage can be applied for today and is available from the independent financial advisers, mortgage comparison websites and service providers that work with Conneqt.

COLLABORATION 
Blauwtrust Groep is the initiator of the Vrij Leven Hypotheek. As the portfolio manager, DMPM is responsible for the management and execution of the Vrij Leven Hypotheek and outsources distribution to Conneqt, which is responsible for the Hypotrust, IQWOON, Robuust Hypotheken, and HollandWoont labels. Quion conducts the acceptance and administration aspects. BAWAG P.S.K. is the lender behind the Vrij Leven Hypotheek, guaranteeing stable funding.

ABOUT BAWAG P.S.K. 
BAWAG P.S.K. is headquartered in Vienna, Austria, with the main subsidiaries easybank, easyleasing and start:bausparkasse in Austria, Südwestbank, BFL Leasing GmbH, Health Coevo AG and start:bausparkasse in Germany as well as Zahnärztekasse AG in Switzerland. With 2.5 million customers, BAWAG P.S.K. is one of Austria’s largest banks operating under a well-recognized national brand and applies a low-risk, efficient, simple and transparent business model focused on Austria, Germany and developed markets. The Bank serves retail, small business and corporate customers offering comprehensive savings, payment, lending, leasing, investment, building society, factoring and insurance products and services through various online and offline channels. Delivering simple, transparent and best-in-class products and services that meet our customers’ needs is the consistent strategy across all business units. 

ABOUT CONNEQT 
Conneqt is a label-independent distribution manager of mortgage products with a focus on the private housing and mortgage market under the labels Hypotrust, IQWOON, Robuust Hypotheken, and HollandWoont. Conneqt offers a comprehensive, competitively priced range of residential mortgages. Conneqt's mortgage labels are exclusively sold via a professional and independent intermediary. Alongside De Hypotheker, Quion, and DMPM, Conneqt is part of Blauwtrust Groep. 

INFORMATION AND IMAGES 
All information about this product can be found on www.hypotrust.nl