Mortgage Dictionary - Transfer

Master the language of Swedish mortgages and real estate. From belåningsgrad (loan-to-value) to handpenning (earnest money) – understand every term you'll encounter when buying a home in Sweden.

Selected Tag: Transfer

B

🇸🇪BankgarantiBank guarantee (letter of guarantee)
Transfer
The bank guarantees the deposit instead of you paying cash. Convenient if your money is tied up.

C

🇸🇪TillträdesdatumCompletion date (closing date, settlement date)
Transfer
The day you get the keys and the property officially becomes yours. That's when your mortgage also starts.

D

🇸🇪HandpenningsavtalDeposit agreement (earnest money contract)
one-time-costTransfer
Agreement that earnest money is paid as security for the purchase. The deposit is forfeited if you back out without valid reason.