Omistusasunto

"A good neighbour doubles the value of a house."
(German saying)

Owner-occupied accommodation

Owner-occupied accommodation is available for people with sufficient funds. Banks lend money for mortgages, but a property cannot be solely financed by loaned funds. Various loan systems exist for people of different ages. Ask your bank about different saving options and mortgages. 

Interest subsidy

The State grants interest subsidy and issuespledges on bank loans. The State does not grant loans directly for the purchase of owner-occupied accommodation. Interest subsidies are granted through two separate systems: the ASP system, which is intended for those purchasing a first home, and the interest subsidy system.

• ASPis a housing savings and subsidy scheme. It is intended for young people purchasing their first home. You must be between 18 and 30 years of age when you begin saving.

• Other State interest subsidy loans (See under "Owner-occupied accommodation") are mainly intended for the construction of detached houses and the purchase of housing shares. The State also supports the purchase of owner-occupied accommodation through the interest of housing loans being tax deductible.

Further information on owner-occupied housing is available on the asuminen.fi website in Finnish, Swedish and English.

The asuntojen.hintatiedot.fi website provides information on the prices of sold apartments in Finnish and Swedish.

The ymparisto.fi website provides further information on financing an owner-occupied apartment in Finnish, Swedish and English.

The website of the Finnish Consumer Agency contains information on what you should take into consideration when buying an apartment.

Part-ownership housing

If you are not able to purchase a property, part-ownership is one option. To begin with, the occupant only pays a portion of the purchase price of the property. They therefore only own a portion of the property in the beginning and the constructor owns the majority. The occupant pays a rent for the property and it is possible for them to purchase the rest of the property at a later date. 

More information on part-ownership housing is available on the ymparisto.fi website in Finnish, Swedish and English.