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Quarterly gross residential mortgage lending in the Netherlands 2016-2018

Gross residential mortgage lending in the Netherlands from 1st quarter 2016 to 3rd quarter 2018 (in million euros)

by Raynor de Best, last edited Jan 17, 2019
Quarterly gross residential mortgage lending in the Netherlands 2016-2018 This statistic shows the gross residential mortgage lending in the Netherlands from the first quarter of 2016 to the third quarter of 2018 (in million euros). In the third quarter of 2018, gross lending reached a value of approximately 27.4 billion euros. Within Europe, the Netherlands counts as one of the countries with the highest mortgage debt among private individuals. This has a political background as the Dutch tax system allowed homeowners for many years to deduct interest paid on mortgage from pre-tax income for a maximum period of thirty years, essentially allowing for income support for homeowners. In the Netherlands, this system is known as hypotheekrenteaftrek. Since 2014, the Dutch government is slowly scaling this down, with an acceleration planned from 2020 onwards. In the third quarter of 2018, the market share of mortgage turnover in the Netherlands reached approximately 52 percent for the three banks ABN Amro, Rabobank and ING.
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Gross residential mortgage lending in the Netherlands from 1st quarter 2016 to 3rd quarter 2018 (in million euros)

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