The basics – fireplace as a feel-good zone and focal point of the living space

A fireplace requires a certain amount of expertise that should not be underestimated. Especially when deciding which fireplace is the right one for your home, you should inform yourself in detail about the different types of fireplaces and how they are used.

General knowledge of fireplaces – flue, emission values & the ecological balance sheet

First of all, you should know that every fireplace needs a flue. Without a flue, also a chimney, a fireplace is not a fireplace. The absolute exception are bioethanol fireplaces, but since these do not cause smoke and therefore do not require a flue, they are strictly speaking not considered a fireplace. The district chimney sweep clarifies what a flue has to look like. He is also responsible for the acceptance of the finished fireplace. If you want to install a chimney in the house you have bought, you must first find out exactly whether a flue was installed during construction. If this is not the case, the whole thing is more difficult than thought and they may have to resort to an outdoor vent.

Tip! Heating system in comparison

Save up to 55% costs (heat energy)? Tip! Not only already, but practically? Save energy with the heating system in your property. Use the next time for renovation or your upcoming new building. Here you will find our guide heating systems: solar, oil, gas, heat pump, pellets in comparison and as extra, state subsidies. Continue reading here:

• Heating system: comparison

Fireplace in modern condominium(Berlin):

Fireplace integration country house(Mallorca)

The next question is whether to choose a fireplace with or without a door. This has not only optical differences but is crucial for the functionality of the fireplace. To use a fireplace without a door only for the purpose of the crackling effect is far from modern and should be avoided not only for the protection of the environment but also for your own health. These fireplaces have not only a shocking fine dust emission but also a very bad ecological balance. Because of this, it will no longer be permitted to own a fireplace without a door from 2024. By then, a fireplace must not only have a door and a filter against fine dust, but also proper emission values. This is prescribed by the regulation BImSchV (Federal Immission Control Ordinance). So if you are thinking about a fireplace now, you don’t need to consider a version without a door. Fortunately, there are still great alternatives to not lose the crackling effect.

Fireplace models – a question of taste & functionality

There are many different fireplace models, but when choosing a fireplace, you should not limit yourself to the visual aspect and also consider the different functions of a fireplace. Which fireplace model best suits your property therefore depends on many different factors and your requirements.

Glass fireplace – cosiness factor and campfire atmosphere

Of course, the rule with fireplaces is ‘the more you see of the fire, the higher the cosiness factor’. Therefore, a glass fireplace is a great alternative to a fireplace without a door, as it has almost the same effect. A glass fireplace looks most cosy with three open sides, as this way the fire can not only be seen from every side, but also the cosy light spreads everywhere. Such a glass fireplace is made of special glass in the form of glass ceramic. This gives the same effect as a campfire. There are such fireplaces even without a visible handle on the glass window, which makes the whole thing even cozier. For this, however, the fireplace must be installed in a recessed position.

Hanging fireplace – individual and danger reducing

A hanging fireplace is also an alternative that should not be underestimated. This model originally comes from Scandinavia and offers a great variety, as it is not bound to one corner in the room. The fireplace can be mounted anywhere in the room on a wall and thus also heat all around. In addition, the risk of burns to children and animals is greatly minimized as the fireplace is not hanging within their reach. Firing, stoking and cleaning is also easier with this model, as you don’t have to bend down to the floor, but can work at eye level – you’ll even be spared the backache.

The Danish fireplace – the classic with personalization

The Danish fireplace is the last model that has already established itself as a classic in just a few years. It is the continuation of the ordinary stove and is now available in many variants. It has been equipped with a larger viewing window, which creates more cosiness. It also has a new modern technology, a combustion chamber that increases the efficiency and self-closing doors. A big advantage of this stove is that it is not permanently installed, so it can even be moved. Danish fireplaces are now available for turning, with an additional heating plate, but also some that can be heated with pellets, gas, brown coal or hard coal. An all-rounder that is suitable for every house and can be individually adapted to the needs.

Fireplaces as heating systems – stoves, tiled stoves and gas fireplaces

Of course, you don’t just want to use your fireplace to warm your soul and your living room. A fireplace can be used in many other ways. This includes, among other things, heating the whole house and not just one room. Of course, this includes special pipes, pipes – and energy supply systems.

Pellet stove as a heating system – energy efficient and environmentally conscious

The first way to use your fireplace as a heating system is the pellet stove, in which you heat not with wood but with pellets. Such a fireplace is particularly suitable for energy-saving houses. It is heated with wood pellets which are made from wood waste such as sawdust. They have a much higher efficiency, because they burn longer than the same amount of wood. To heat the whole house with such a fireplace, it must be connected to the hot water supply. The advantage is quite clear that a fireplace with a heating function not only protects the environment, but also the household budget. Unfortunately, the installation of such a fireplace is very costly, which is why the appearance is often neglected and there is only a small window. The coziness falls by the wayside, but it is always nice and warm everywhere and without a guilty conscience. Complementary to such a heating system is a solar system on the roof, which can heat the water in the summer. For such a system, a hot water tank with a minimum capacity of 1000 liters is needed, but it fits well in the basement.

Gas fireplace as a heating system – modern and uncomplicated

But also with a gas fireplace it is possible to heat the whole house and this even offers some advantages. For one thing, the cozy factor is not lost, because the flame can flicker peacefully behind a glass door and delight her heart. Behind the façade, however, there is a sophisticated system of ventilation heating that can be used throughout the entire house. This fireplace is operated with natural gas as well as with propane gas, which may be installed in a liquid cartridge with up to 11 kilograms. According to the manufacturer, this lasts up to 25 hours and provides heat. Another advantage not to be sneezed at, however, is that the fireplace and the air remain clean. There is no soot, the fireplace rarely needs to be cleaned and there is virtually no fine dust. And despite all this, not even the efficiency suffers, because it is at a respectable 70 percent. An alternative that you should definitely think about.

https://www.instagram.com/p/Bfyops-FvtU/?tagged=gasfireplace

The tiled stove as a heating system

Probably the oldest model among the stoves is the tiled stove. However, its history proves its effectiveness, because it can heat up for between 12 and 24 hours and thus provide cosy warmth. Wood, pellets or even coal are burned here. In the meantime, even windows can be found in the tiled stoves, as the feel-good feeling has simply become too important and consumers can no longer do without it. The efficiency can also be seen, because a tiled stove burns its fuel completely. In addition, tiled stoves have the reputation of being particularly comfortable, as the radiant heat is even and the air layers are not confused by it. So the tiled stove should also be considered if you are looking for a fireplace with heating function for the whole house.

Outdoor fireplace

Firewood: Do-it-yourself, chopping & stacking

Firewood & Fireplace Wood Storage – Larger quantities of firewood, are often stored on properties. The garden or a barn are often used for storage. Larger quantities of firewood, once stored on a property, must be stored in a fire protected location. This measure is regularly inspected by a chimney sweep. In this article you will find tips and videos on storing, DIY, stacking and chopping firewood for your fireplace:

• Tip: Firewood + Storage

Build your own fireplace?! Video tutorial: Installation

So you can also build and connect your fireplace yourself.

Heating guide: types, prices & comparison

Heating & Types – The topic of heating is not only interesting for builders, but also for property owners. After all, heaters are not only necessary in a property, they are also required by law. Which types of heating are there, how do they have to be maintained and are there legal subsidies for the construction of certain types of heating or do the costs have to be paid completely by the owner? Especially when building a house or renovating and modernising, the heating system plays a decisive role, because a large part of the later running costs depend on it, for you or for your tenants.

When deciding on a heating system, a number of things need to be considered, as there are major differences. Depending on the property, it must be decided individually which system is best suited to efficiently heat the entire property. The systems differ not only in environmental friendliness, but also in efficiency and price. Solar, oil, gas, heat pump, pellets:

• Heating: Comparison & Costs

Favorable follow-up financing to the real estate loan?

You can choose between three different financing options for follow-up financing. Experts will check the best conditions for you and advise you in detail on the forward loan, the prolongation and the rescheduling of the real estate loan. Which follow-up financing is suitable for you depends on various factors and requires optimal planning.

The most frequent questions in consultations

• How high are the interest rates for follow-up financing?
• How does the follow-up financing work?
• What does follow-up financing cost?
• When can you do a follow-on financing?

Roughly speaking, the following applies to follow-up financing (rule of thumb)

If the new interest rate is at least 0.2% below the previous one, the debt restructuring is worthwhile.

What do I have to consider?

• Early start of planning
• Save equity capital
• Check offers thoroughly
• Negotiate with your bank advisor
• Tip. Not only interest rates, also pay attention to the ancillary conditions
• Set monthly installments
• Optimize them so that you make all repayments safely, regularly
• If possible, make additional special repayments
• Tip. Also use your special termination option

After 10 years, you can reschedule and make use of your special termination right, more on this in a moment, after the tips the next bank appointment.

Real estate financing: How the bank thinks – Video Tip

The following two videos give good insights into the mindset of banks with “Internals on Lending” and “How to Prepare for a Bank Appointment”.

Video: Internals on lending

For more information, check out this video by Alex Fischer:

Video: How to prepare for the bank appointment

Follow-up financing before expiry of the fixed borrowing rate

Would you like to refinance earlier due to an older and high-interest property financing and not wait until the fixed interest rate expires?

After 10 years, you can reschedule and make use of your special termination right without your desire for a cheaper loan for your property being accompanied by an early repayment penalty for the bank. In terms of follow-up financing, low interest rates are the first choice of our customers. Keep in mind that a low interest rate alone is not enough if the terms and conditions elsewhere do not suit you. We will find your personal follow-up financing and make you an offer that suits you in its entirety.

Compare the advantages of individual follow-up financing

Identifying the best terms on an offer requires a lot of know-how and core expertise in evaluating follow-up loans. Your lender will take this task off your hands and recommend a loan that matches your desire for follow-up financing in terms of its orientation and contractual basis.

Each lender’s condition offer is unique and tailored to your needs.

There is no blanket, for every property owner equally suitable follow-up financing with primary advantage. First and foremost, it depends on the right choice of loan and on the conditions and terms of flexibility that suit you.

Calculator: rate, repayment rate, residual debt

What will your planned construction financing cost you? But much more important in everyday life, how high will your monthly burden be and what happens if the repayment rate changes later? How high will the remaining debt be at the end of the fixed interest rate? Many questions, this rate calculator gives you all the important answers to rate, repayment rate and residual debt.

• Rate calculator

Understanding the development of construction interest rates

The current construction interest rates are around 0.9 to 1 percent effective, for a standard financing. A so-called standard financing means that the loan amount is 80 percent of the value of your property. Meanwhile, the fixed interest rate is 10 years.

Current: 0.9 to 1 % effective

How to use the interest rate barometer correctly?

The most important instrument for determining the development of construction interest rates is the interest rate barometer. We recommend that you always observe a longer period of time and thus obtain a concrete overview of the interest rate development. The chart shows you the months in which the mortgage was particularly favourable and the relationship between the specific interest rate and the term. Because not only the economically dependent construction interest rate development, but also the period of your personal debit interest commitment influence the interest rate of your construction financing.

Building finance calculator

If you use the construction financing calculator, you can find out what conditions you will receive for your construction financing by specifying your desired term and loan amount. To find out whether you can finance cheaper or more expensive than, for example, a year ago at the same time, the interest barometer offers you helpful and transparently presented information.

Many questions are asked during consultations, especially by customers who are building for the first time:

• What is the current construction interest rate?
• When will construction interest rates rise again?
• Can construction interest rates fall further?
• What are the current interest rates on loans?

Building interest rate development: view charts, understand charts

Surely, like most potential owners, you are primarily guided by the timing of your desire to purchase a home or condominium. Even if your feeling is that it is always the right time to buy real estate, you should consider the construction interest rate trend as an important indicator for favorable financing. If interest rates are at a low point, this circumstance can add up to a few thousand dollars on a construction loan. For this reason alone, you should not disregard the construction interest rate trend and also tend to assume that construction interest rates can rise at any time and make the loan more expensive in its entirety.

First of all, let’s take a look at the influencing factors that play a key role for you in the lending process.

Factors influencing construction interest rates

If you are looking to take out your home loan with your bank or high street bank, there are a few factors that will affect the interest rate. These include:

• Creditworthiness – Do you have the necessary equity capital?
• Employment – What is your employment status?
• Postcode of the property – Good or less attractive location?
• Use of the property – capital investment or owner occupation?

A look at the past of the construction interest rate development shows you how the financing interest rates have fallen year after year. A forecast for the future also shows you that the low interest rate will not remain permanently. It is quite noticeable that the construction interest rate development will follow a new trend in the coming years and will rise again over a longer period of time.

Building interest comparison: advantages & conditions

When comparing construction interest rates, most future owners think of the debit interest rate, which truly has an important influence on the overall conditions of a real estate financing. But a good construction loan is not primarily recognized by favorable debit interest. On top of that, compare the effective interest rate and the general conditions, as these factors have a decisive influence on your satisfaction with the financing. Experts support you with core competence and advise you in detail on all criteria that are important in the comparison of construction interest rates. With us, you will find the optimal construction interest rates without detours and can save several thousand euros through the comparison.

Advantages in terms and conditions through comparison of building interest rates

What is important in the comparison of building interest rates?

Before you make the construction interest rate comparison, you should inform yourself about the influential details.

Did you know that you can influence construction interest rates simply by changing the fixed-interest period? The shorter you finance, the more favourable the building interest rates become. It is therefore worthwhile to compare different financing models and terms and to find out which concept will enable you to fulfil your dream of owning your own home at a particularly favourable interest rate. When it comes to comparing the effective interest rate, the evaluation of the results is more complex.

Let us advise you and find out how you can use some tried and tested strategies to ensure the most favourable loan conditions for your construction financing. A good credit rating in combination with an optimised repayment concept has a positive effect on reducing the interest burden for real estate financing.

Use the online loan calculator to get an initial overview and see the basis of your financing options. Then check in detail with which repayment you will receive the best construction interest rates based on your own budget specifications. We will be happy to recommend different financing models based on the criteria that are important in your construction loan. With our comparison at Lukinski, we lay the foundation for your home and show you that you can finance according to your own requirements at the best construction interest rates.

Finance favourably, compare comprehensively

The total expenditure when buying a house or financing an apartment rises and falls with the construction interest rates. A construction interest comparison is free of charge and offers you an overview of the difference between the net construction loan amount and the conditions including construction interest in just a few minutes. At the current time, construction and mortgage rates are at an all-time low.

For you as a prospective buyer and financier, this results in a cost advantage that should not be underestimated. Pay attention to the interest rate comparison and note the key data of the offers that are interesting and relevant for you. We will be happy to provide you with condition offers for a comparison, in which you can compare different financing models, different terms and financing partners.

Financing models and building interest offers

Without a comparison, the construction financing section is very confusing. There are numerous options, financing models and different construction interest offers available based on your credit rating and the amount of equity invested.

Only if you find the best model for you with the lowest construction interest rates, you finance professionally and at the best price. By changing the fixed interest rate, you can have a concrete influence on the construction financing. Simply check in the online comparison how much money you can save by changing your actual repayment plan.

Give money away?

Without a construction interest rate comparison, you are giving away valuable potential and can almost certainly assume that your construction loan will be unnecessarily too expensive.

With a long-term commitment you make with a construction loan, the smallest compromises can put high additional costs of a few thousand euros on your agenda. This applies to all construction loans, regardless of whether you opt for an annuity loan, forward financing or a combination of a real estate loan and KfW construction financing. In general, you should know that not every construction loan is equally suitable for you.

Conditions of different lenders vary

The conditions of different lenders vary, which automatically makes a comparison the most important basis for your construction loan. You can use the online comparison free of charge and get a first impression of the conditions at which you can build your own home or finance an apartment, for example.

Then we recommend you to entrust a detailed comparison of construction interest and to determine your personal conditions.

Based on our many years of experience, we strongly advise potential homeowners not to consider a construction loan to be cheap without first making a comparison. Only if you get a broad overview and know your individual options in their entirety, you will really make the best decision and finance so favorably that your dream of home ownership no longer has to wait. Contact us for your construction interest rate comparison and benefit from Lukinski as a partner you can count on.

Interest rate forecast construction financing at a glance

Influence the development of the construction interest rate yourself! By choosing the right repayment period, calculating your equity capital and choosing the best financing option for you, you can finance your construction at any time at an unbeatably low interest rate.

Advice for construction financing and new construction

Good real estate agents and banks advise you on the construction financing chart and offer you core competence in interest rate forecasting, so that you can make an optimal decision and keep your construction financing costs favorable. They will be happy to explain to you in detail how you can influence the development of the building interest rate simply by changing the repayment rate and the term, through more equity capital or a tailor-made financing concept. A good advisor will get you into your own home or condominium and ensure that you invest at exactly the right time and create a foundation for your future through financing advantages.