What requirements must I meet to be eligible?

After registration, the suitable candidates are matched with the available properties. But what is a suitable candidate now? An important condition for renting in The David is that you have sufficient income to pay the rent. Income guidelines have been drawn up for this and we look at your income in the future. In addition, it is necessary that you are able to pass a credit check.

 Are you currently living in a social rental home? Then we have good news for you: you will receive priority for a rental home in The David!

MINIMUM INCOME: 3,5 TIMES MONTHLY RENT
DEMONSTRABLE LONG TERM INCOME
PASS A CREDIT CHECK

Income guidelines

Income guidelines have been drawn up to ensure that you can pay the rent every month and also bear your other (fixed) costs. To avoid disappointment during the registration process, you can calculate yourself whether you can meet these guidelines. Because the houses are rented out in the free sector, it is not possible to receive housing subsidy. A guarantee by parents or other third parties is unfortunately not possible.

Income standard: minimum gross monthly income of 3.5 times the monthly rent. If you want to rent a parking space, it is the monthly rent plus € 75 monthly rent of the parking space.

A second income counts for 100%.

Do you have equity? If you have equity on a Dutch bank account of at least € 50,000 and it is important to count this in order to comply with the income guidelines, we will count 10% of the assets as income on top of your gross annual income.

Employment

If you are employed, it is important that you have an employment contract of at least 6 months, supplemented with a letter of intent from your employer to extend the contract afterwards. To calculate your gross monthly income, look at your gross monthly salary on your salary slip. All amounts stated on your employer's statement count towards this, including holiday pay and a fixed bonus and thirteenth month if applicable.

Pension or social benefits

If you can demonstrate that you can structurally meet the income requirement with your social benefit, this will count as the first or only income. In addition, a benefit also counts if it concerns a second income. Student finance is a loan and therefore does not count as income.

Entrepreneurs

As an entrepreneur you can also rent an apartment in The David. You are eligible if you have had your own business for more than 2 years and your net profit before tax demonstrably meets the income requirement. You can demonstrate this with annual accounts for the most recent closed financial year, drawn up by an accountant or trust office. Good to know: a deposit of 3 months basic rent is required if you are going to rent a home in The David as an entrepreneur.

Good to know about renting in The David

You rent the apartment for a minimum of 1 year. After the first year you can terminate the rental contract as of the first of the next month, with one month notice. For example: you indicate on April 19 that you want to terminate the lease, then the lease ends on June 1.