Buying a house in Sweden
When securing a job in Sweden, one also needs somewhere to live. Coming to Sweden as an ex-pat, transferred via an employer, usually the housing for the first year or so is settled. Perhaps you plan to stay longer in Sweden and wish to buy something, but you do not know where to start. What bank to choose, and what requirements you need in order to get a mortgage? Do you need a personal number, residence permit etc? And what if you do not have the 15% for the down payment that all banks require? Where does one look, in what areas is good to live; location etc.
Beyondo has spoken to Olga at EGENBOSTAD, a buyer-side real estate agent, that will guide you from A-Z in the whole process. They start by looking at what you wish to have as monthly costs for a new home, then they begin the process of finding something which is suitable for you, the buyer.
In this video we will speak about the following topics:
- How is the market in Sweden for buying a house?
- What do you need to be aware of when buying a house in Sweden?
- How does buying a property in Sweden differ from other countries?
- What are the requirements for a newcomer wanting to buy in Sweden?
- What advise can you give regarding what property to buy?
- How does BuyerSide consultancy work in Sweden?
EGENBOSTAD works as intermediaries and advisers, in everything related to the purchasing process of a property in Sweden, from the first step to the handing over of the keys.
- Budget
Bank requirments, budget calculation and monthly costs. - Mortgage & Loan Application
What bank to choose, what interest rate and what documents to fill in - Choosing a property
Depending on your budget and preferences, what area to look for, evaluation of the properties you chose etc. - Signing the contract
Guidance throughout the whole process, review of all documents. - Handing over the keys
Do not hesitate to reach out to EGENBOSTAD for more information regarding questions on buying a house in Sweden.
Updated in October 2023, regarding the interest rates level:
Interest rates will go up again in November but banks predict they will possibly start to fall next year, which will lead to higher prices for housing. Therefore, it is important to choose the right time to buy your home and at the same time make a good investment. After the signing of the contract we are now providing information regarding interest rates and how to negotiate with different banks.
