See Title deed
"},"title":"Authentic deed"},{"componentType":"sectionTitle","title":"B"},{"componentType":"paragraph","richBody":{"value":"Permit which allows you to carry out certain construction or renovation works. This permit is issued by the municipality where the property is located.
"},"title":"Building permit"},{"componentType":"paragraph","richBody":{"value":"A bullet loan is a mortgage loan where the capital is repaid in its entirety as a lump sum at maturity. During the term of the loan, you only pay interest at regular intervals.
"},"title":"Bullet"},{"componentType":"sectionTitle","title":"C"},{"componentType":"paragraph","richBody":{"value":"A conditional discount on the interest rate is offered exclusively to active ING customers that deposit their salary and who also take out an ING insurance product.
"},"title":"Combined rate"},{"componentType":"paragraph","richBody":{"value":"If you are building or renovating a property and take out a mortgage loan to help pay for it, you will most likely draw on the capital in instalments. In that case, you will need to produce invoices which demonstrate the progress of the building or renovation project.
If you have not drawn down the entirety of the loan after six months, a commitment fee will be charged from the 7th month on the unused amount. This commitment fee is expressed as a percentage.
"},"title":"Commitment fee"},{"componentType":"sectionTitle","title":"E"},{"componentType":"paragraph","richBody":{"value":"A certificate which indicates how energy efficient your home is. Get a more detailled overview here
"},"title":"Energy Performance Certificate (EPC)"},{"componentType":"paragraph","richBody":{"value":"A non-possessory right of use of or entry onto a property in favor of another property, such as a right of way or servitude on one property to access another.
"},"title":"Easement"},{"componentType":"sectionTitle","title":"F"},{"componentType":"paragraph","richBody":{"value":"The value of the property sold at auction, i.e. if the owner needs to sell the property at short notice and under strict conditions.
"},"title":"Forced sale value"},{"componentType":"sectionTitle","title":"I"},{"componentType":"paragraph","richBody":{"value":"A free insurance policy offered by the Flemish and Walloon region protecting you against loss of income.
"},"title":"Income protection insurance"},{"componentType":"paragraph","richBody":{"value":"When you borrow money, you pay interest on the amount borrowed. The interest is calculated as a percentage: i.e. the interest rate.
"},"title":"Interest rate"},{"componentType":"paragraph","richBody":{"value":"The interest you pay on the outstanding capital of your mortgage loan between the date on which your funds are made available and the date of your first repayment.
"},"title":"Interim interest"},{"componentType":"sectionTitle","title":"L"},{"componentType":"paragraph","richBody":{"value":"A notional amount equal to the income that a property would earn for one year in rent. It serves as a basis for calculating property tax and for determining taxes on property included in your personal tax return.
"},"title":"Land registry income"},{"componentType":"sectionTitle","title":"M"},{"componentType":"paragraph","richBody":{"value":"The rate of tax applied to a taxpayer’s highest income bracket.
"},"title":"Marginal rate of tax"},{"componentType":"paragraph","richBody":{"value":"The tax breaks you could previously benefit from under certain conditions for your sole (owner-occupied) home. This no longer applies to new mortgage loans.
"},"title":"Mortgage tax break"},{"componentType":"sectionTitle","title":"O"},{"componentType":"paragraph","richBody":{"value":"The part of the amount borrowed that you have not yet paid back.
"},"title":"Outstanding balance"},{"componentType":"paragraph","richBody":{"value":"A property is considered your only home if on 31 December in the year in which you took out your mortgage loan you were not the (co-)owner, usufructuary, leaseholder or proprietor of another home.
See our property guide for more info.
"},"title":"Only home"},{"componentType":"paragraph","richBody":{"value":"A property is considered your only home if on 31 December in the year in which you took out your mortgage loan you were not the (co-)owner, usufructuary, leaseholder or proprietor of another home.
See our property guide for more info.
"},"title":"Own home"},{"componentType":"sectionTitle","title":"P"},{"componentType":"paragraph","richBody":{"value":"See Sales agreement.
"},"title":"Private sale agreement"},{"componentType":"paragraph","richBody":{"value":"A regional tax which property owners must pay each year. It is calculated on the basis of the land registry income.
"},"title":"Property tax"},{"componentType":"sectionTitle","title":"R"},{"componentType":"paragraph","richBody":{"value":"This is the fee you pay to the bank if you repay your loan earlier than agreed.
"},"title":"Reinvestment fee"},{"componentType":"paragraph","richBody":{"value":"The amount of capital and/or interest you repay at certain regular intervals, for example every month.
"},"title":"Repayment"},{"componentType":"sectionTitle","title":"S"},{"componentType":"paragraph","richBody":{"value":"A document signed by the vendor and the buyer of a property containing obligations for both parties. The vendor and buyer decide on the obligations to be included in the sales agreement.
"},"title":"Sales agreement"},{"componentType":"paragraph","richBody":{"value":"The value of the property under normal market conditions.
"},"title":"Sales value"},{"componentType":"paragraph","richBody":{"value":"A document which certifies that the soil on the land or property is not contaminated.
"},"title":"Soil certificate"},{"componentType":"paragraph","richBody":{"value":"You are considered a sole home owner when your property is your “only” home (i.e. you do not own another property) and you officially occupy it yourself on 31 December of the year in which you took out the home loan.
"},"title":"Sole home owner"},{"componentType":"paragraph","richBody":{"value":"A tax you pay when you buy property in Belgium. Also often called “registration fees”. The amount depends on the region in which the property is located. You can ask more information to your notary.
"},"title":"Stamp duty"},{"componentType":"sectionTitle","title":"T"},{"componentType":"paragraph","richBody":{"value":"A deed executed by the notary which serves both as proof of ownership and a contract between the buyer and seller. Signing this document before a notary makes the sale official.
"},"title":"Title deed"}]},"hasMacro":false,"id":"4f8527b9-5efb-4051-adfc-46610edc1af0","legalZone":{"flexComponents":[{"componentType":"sectionTitle","title":"Legal information"},{"componentType":"paragraph","richBody":{"value":"The ING mortgage loan, the ING bridging loan and the Mortgage loan combined are mortgage loans subject to the law of April 2016 concerning mortgage loans. Offer reserved for natural persons over the age of 18 and subject to prior acceptance of your application by ING Belgium and to mutual agreement. General conditions for ING loans are available from any ING branch and on www.ing.be.
ING Belgium S.A./nv – Bank / Lender – Registered office: Avenue Marnix 24, B-1000 Brussels
"}}]},"localeString":"en-GB","mainHeaderZone":{"backLink":{"textLink":{"text":"Housing","url":"/en/individuals/my-life/housing"}},"componentType":"editorialHeader","coreHeader":{"subtitle":"Glossary of terms for property and mortgage loans.","title":"Glossary of home loans and real estate"},"date":"2026-05-21","readingTime":10},"publishDate":"2026-05-21T11:43:02.609+02:00"}}