Apply for a housing construction premium

Procedure

You must apply for the housing construction premium at your investment institution. To do so, use the form sent to you by your investment institution together with the annual account statement.

Procedure for home loan and savings contracts
The home building premium is regularly only calculated and reserved. Payment of the accumulated housing construction premiums to the building society - in favor of your building society contract - is generally only made when the building society contract is used for housing purposes.

Old contracts (concluded before January 1, 2009):
The housing construction premium is only paid out for payments into a home loan and savings contract when

• this has been allocated,
• the fixed period of 7 years since the contract was concluded has been exceeded or
• the building society contract has been disposed of without detriment.

If you use the accumulated credit balance for other purposes within the fixed period of 7 years, you will no longer be entitled to the housing construction premium.

New contracts (concluded from January 1, 2009):
The housing construction premium is only paid out for payments into a home loan and savings contract when

• this has been allocated,
• the fixed period of 7 years since the contract was concluded has been exceeded,
• you have not yet reached the age of 25 when the contract is concluded (if not used for residential construction) or
• the home loan and savings contract has been disposed of without detriment.

Legal bases

• Wohnungsbau-Prämiengesetz (WoPG)

More information

Applications for the housing construction premium are regularly submitted via your investment institution. For more extensive questions, you can find your responsible tax office online via the website of the Federal Central Tax Office. You will find the link under "Further information".