Guarantee System in Rijswijk
In Rijswijk, where the rental market in neighborhoods such as Innen and Oud-Rijswijk is growing rapidly, the Guarantee Fund has offered affordable guarantees since 2015 as an alternative to cash deposits. For a one-time fee of up to €650, you receive full coverage without interest for the landlord. Locally popular with housing associations such as Vidomes, ideal for starters in Rijswijk-Zuid.
Bank Guarantee for Rental Properties in Rijswijk
As a tenant in Rijswijk, you can arrange a bank guarantee in the amount of 1-3 months' rent, matching the average rental prices of €1,200-€1,800 in the municipality. The costs amount to 1-2% per year. In the event of default, the landlord claims directly from the bank, without hassle with deposits – convenient for expats near The Hague.
Advantages and Disadvantages Specific to Rijswijk
| Option | Advantages in Rijswijk | Disadvantages |
|---|---|---|
| Deposit | Simple and familiar to local real estate agents | Tied-up capital, expensive with rising rents |
| Guarantee System | Low fee, quickly arranged via Rijswijk advisors | Limited administration |
| Bank Guarantee | No cash tied up, flexible for commuters | Annual costs |
Legal Equivalence in Rijswijk
According to Article 7:249 of the Dutch Civil Code (BW), these alternatives are recognized throughout the Netherlands, including Rijswijk, as equivalent to the traditional deposit. The choice lies with the tenant, but always check the specific requirements of Rijswijk landlords or the municipality for rent allowance applications.