Mortgage Dictionary - house

A

🇸🇪BiareaAncillary area (secondary area, supplementary space): Areasvacation-homehouse; Area not counted as living space, like basement and garage. Valued lower per square meter.
🇸🇪TaxeringsvärdeAssessed value (tax assessment value, rateable value, tax value): Loan-to-Value and ValuationProperty Assessmentvacation-homehouse; The Tax Agency's valuation of the property. Used for property tax and can differ from market value.

B

🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BygglovBuilding permit (planning permission): Land and Plotsapplicationone-time-costvacation-homerequirementsnew-constructionhouse; Permission from the municipality to build. Without a permit, you cannot build new or make major changes.

C

🇸🇪FärdigställandeskyddCompletion guarantee (builder's warranty, construction insurance): New Constructionrequirementsnew-constructionhouse; Insurance that protects you if the construction company goes bankrupt. Mandatory for new construction.
🇸🇪ÄgarlägenhetCondominium (condo, freehold apartment, freehold flat): Housing TypesProperty Typeshouse; An apartment you actually own, like a house but in an apartment building. Uncommon in Sweden but exists.
🇸🇪BygglånConstruction loan (building loan, self-build mortgage): New Constructionapplicationrecurring-costnew-constructionhouse; A loan during construction that is paid out in stages. Converted to a regular mortgage when the house is finished.

D

🇸🇪VillaDetached house (single-family home, house): Property Typeshouse; Your own house on your own land. You own both the house and the plot and are responsible for all maintenance yourself.

E

🇸🇪ServitutEasement (right of way, servitude): Land and Plotsvacation-homehouse; A right to use someone else's land, for example for a road or utilities. Registered and follows the property.
🇸🇪GravationsbevisEncumbrance certificate (title search, liens certificate): Real Estate Lawvacation-homerequirementshouse; Shows what mortgages and encumbrances exist on the property. Important to check before purchase.

F

🇸🇪ÄganderättFreehold (ownership, fee simple): Housing Typesvacation-homehouse; You own the property and land yourself. Most common for houses and gives the most control.

G

🇸🇪TomträttsavgäldGround rent (site leasehold fee, land rent): Land and Plotsrecurring-costhouse; The annual fee you pay to the municipality if you have site leasehold. Counted into your housing costs by the bank.

H

🇸🇪VillaförsäkringHouse insurance (homeowners insurance, building insurance): Insurancevacation-homerequirementsrecurring-costhouse; Insurance for the house that includes home insurance. Mandatory in practice for homeowners.
🇸🇪HypotekHypothec (mortgage security): Collateralvacation-homerequirementshouse; Another word for pledge in real property. Mortgages are sometimes called hypothec loans.

L

🇸🇪ArrendeLand lease (ground rent, leasehold): Land and Plotsvacation-homerecurring-costhouse; Renting land to have your house on instead of owning it. The lease fee becomes an ongoing cost.
🇸🇪FastighetsregistretLand Registry (property register, cadastre): Real Estate Lawvacation-homerequirementshouse; Lantmäteriet's register of all properties and who owns them. Public information.
🇸🇪LantmäterietLantmäteriet (Swedish Land Registry, Swedish mapping authority): Authoritiesapplicationvacation-homerequirementshouse; The authority that handles title registrations, mortgage deeds, and the property register. You have contact with them when buying a house.
🇸🇪PanträttLien (security interest, charge): Collateralvacation-homerequirementshouse; The bank's right to claim the property if you don't pay the loan. This is why mortgage rates are low - the bank has security.

M

🇸🇪PantbrevMortgage deed (mortgage certificate, title deed): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; A certificate proving that the property can be used as loan collateral. Either already exists in the property or new ones must be issued.
🇸🇪PantbrevskostnadMortgage deed fee (mortgage registration fee): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; 2% of the mortgage deed amount paid to the government when new deeds are issued. A one-time cost when buying.
🇸🇪InteckningMortgage lien (encumbrance, charge): Loan-to-Value and Valuationvacation-homerequirementshouse; A registration in the property showing it can be used as loan collateral. The mortgage deed is proof of the lien.

P

🇸🇪PassivhusPassive house (zero-energy building, ultra-low energy house): Green Loansnew-constructionhouse; Extremely energy-efficient house that often qualifies for the best green loans.
🇸🇪TomtPlot (lot, land, building plot): Land and Plotsvacation-homehouse; The land the house stands on or where you want to build. Can be purchased separately if you want to build new.
🇸🇪FastighetstaxeringProperty assessment (property taxation, real estate assessment): Property Assessmentvacation-homerequirementshouse; The process where the Tax Agency values properties. Done every three or six years depending on property type.
🇸🇪FastighetsavgiftProperty tax (real estate tax, municipal property fee): Taxes and Feesrequirementsrecurring-costhouse; Annual fee for owning a house or housing cooperative apartment. Paid through taxes and affects your housing costs.
🇸🇪TypkodProperty type code (use code, classification code): Property Assessmentvacation-homehouse; Number code showing what the property is used for. Affects taxation and can be relevant when buying.

R

🇸🇪RelaxationRelease of lien (partial release, mortgage release): Collateralvacation-homehouse; When the bank releases the pledge on part of a property, for example when subdividing and selling a plot.

S

🇸🇪TomträttSite leasehold (ground lease, land lease): Property Typesrecurring-costhouse; You own the house but rent the land from the municipality and pay ground rent. Affects your housing costs.
🇸🇪StämpelskattStamp duty (transfer tax, deed tax): Loan-to-Value and ValuationTaxes and Feesone-time-costvacation-homerequirementshouse; The tax you pay for title registration (1.5% of purchase price) and new mortgage deeds (2% of the amount).
🇸🇪AvstyckningSubdivision (lot split, parcel division): Land and Plotsone-time-costvacation-homehouse; Dividing a property into several parts, for example selling a piece of the plot. Requires approval from Lantmäteriet.

T

🇸🇪LagfartsbevisTitle certificate (deed of title, ownership certificate): Real Estate Lawvacation-homerequirementshouse; Proof that you are registered owner of the property. Important document after purchase.
🇸🇪LagfartTitle registration (title deed, deed of ownership): Loan-to-Value and Valuationapplicationone-time-costvacation-homerequirementshouse; Registration of you as the owner with Lantmäteriet (Land Registry). Mandatory when buying property.
🇸🇪RadhusTownhouse (row house, terraced house): Property Typeshousing-cooperativehouse; Houses connected to neighbors. Can be freehold or housing cooperative - which affects how you borrow.

V

🇸🇪Obebyggd tomtVacant lot (undeveloped land, empty plot): Land and Plotsapplicationvacation-homehouse; A plot without a house. Banks are often more cautious with loans for land purchases - you may need a larger down payment.

Z

🇸🇪DetaljplanZoning plan (local plan, detailed development plan): Land and Plotsvacation-homerequirementsnew-constructionhouse; The municipality's plan for what can be built where. Determines if you can extend or build new on your plot.

A

🇸🇪BiareaAncillary area (secondary area, supplementary space): Areasvacation-homehouse; Area not counted as living space, like basement and garage. Valued lower per square meter.
🇸🇪TaxeringsvärdeAssessed value (tax assessment value, rateable value, tax value): Loan-to-Value and ValuationProperty Assessmentvacation-homehouse; The Tax Agency's valuation of the property. Used for property tax and can differ from market value.

B

🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BygglovBuilding permit (planning permission): Land and Plotsapplicationone-time-costvacation-homerequirementsnew-constructionhouse; Permission from the municipality to build. Without a permit, you cannot build new or make major changes.

C

🇸🇪FärdigställandeskyddCompletion guarantee (builder's warranty, construction insurance): New Constructionrequirementsnew-constructionhouse; Insurance that protects you if the construction company goes bankrupt. Mandatory for new construction.
🇸🇪ÄgarlägenhetCondominium (condo, freehold apartment, freehold flat): Housing TypesProperty Typeshouse; An apartment you actually own, like a house but in an apartment building. Uncommon in Sweden but exists.
🇸🇪BygglånConstruction loan (building loan, self-build mortgage): New Constructionapplicationrecurring-costnew-constructionhouse; A loan during construction that is paid out in stages. Converted to a regular mortgage when the house is finished.

D

🇸🇪VillaDetached house (single-family home, house): Property Typeshouse; Your own house on your own land. You own both the house and the plot and are responsible for all maintenance yourself.

E

🇸🇪ServitutEasement (right of way, servitude): Land and Plotsvacation-homehouse; A right to use someone else's land, for example for a road or utilities. Registered and follows the property.
🇸🇪GravationsbevisEncumbrance certificate (title search, liens certificate): Real Estate Lawvacation-homerequirementshouse; Shows what mortgages and encumbrances exist on the property. Important to check before purchase.

F

🇸🇪ÄganderättFreehold (ownership, fee simple): Housing Typesvacation-homehouse; You own the property and land yourself. Most common for houses and gives the most control.

G

🇸🇪TomträttsavgäldGround rent (site leasehold fee, land rent): Land and Plotsrecurring-costhouse; The annual fee you pay to the municipality if you have site leasehold. Counted into your housing costs by the bank.

H

🇸🇪VillaförsäkringHouse insurance (homeowners insurance, building insurance): Insurancevacation-homerequirementsrecurring-costhouse; Insurance for the house that includes home insurance. Mandatory in practice for homeowners.
🇸🇪HypotekHypothec (mortgage security): Collateralvacation-homerequirementshouse; Another word for pledge in real property. Mortgages are sometimes called hypothec loans.

L

🇸🇪ArrendeLand lease (ground rent, leasehold): Land and Plotsvacation-homerecurring-costhouse; Renting land to have your house on instead of owning it. The lease fee becomes an ongoing cost.
🇸🇪FastighetsregistretLand Registry (property register, cadastre): Real Estate Lawvacation-homerequirementshouse; Lantmäteriet's register of all properties and who owns them. Public information.
🇸🇪LantmäterietLantmäteriet (Swedish Land Registry, Swedish mapping authority): Authoritiesapplicationvacation-homerequirementshouse; The authority that handles title registrations, mortgage deeds, and the property register. You have contact with them when buying a house.
🇸🇪PanträttLien (security interest, charge): Collateralvacation-homerequirementshouse; The bank's right to claim the property if you don't pay the loan. This is why mortgage rates are low - the bank has security.

M

🇸🇪PantbrevMortgage deed (mortgage certificate, title deed): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; A certificate proving that the property can be used as loan collateral. Either already exists in the property or new ones must be issued.
🇸🇪PantbrevskostnadMortgage deed fee (mortgage registration fee): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; 2% of the mortgage deed amount paid to the government when new deeds are issued. A one-time cost when buying.
🇸🇪InteckningMortgage lien (encumbrance, charge): Loan-to-Value and Valuationvacation-homerequirementshouse; A registration in the property showing it can be used as loan collateral. The mortgage deed is proof of the lien.

P

🇸🇪PassivhusPassive house (zero-energy building, ultra-low energy house): Green Loansnew-constructionhouse; Extremely energy-efficient house that often qualifies for the best green loans.
🇸🇪TomtPlot (lot, land, building plot): Land and Plotsvacation-homehouse; The land the house stands on or where you want to build. Can be purchased separately if you want to build new.
🇸🇪FastighetstaxeringProperty assessment (property taxation, real estate assessment): Property Assessmentvacation-homerequirementshouse; The process where the Tax Agency values properties. Done every three or six years depending on property type.
🇸🇪FastighetsavgiftProperty tax (real estate tax, municipal property fee): Taxes and Feesrequirementsrecurring-costhouse; Annual fee for owning a house or housing cooperative apartment. Paid through taxes and affects your housing costs.
🇸🇪TypkodProperty type code (use code, classification code): Property Assessmentvacation-homehouse; Number code showing what the property is used for. Affects taxation and can be relevant when buying.

R

🇸🇪RelaxationRelease of lien (partial release, mortgage release): Collateralvacation-homehouse; When the bank releases the pledge on part of a property, for example when subdividing and selling a plot.

S

🇸🇪TomträttSite leasehold (ground lease, land lease): Property Typesrecurring-costhouse; You own the house but rent the land from the municipality and pay ground rent. Affects your housing costs.
🇸🇪StämpelskattStamp duty (transfer tax, deed tax): Loan-to-Value and ValuationTaxes and Feesone-time-costvacation-homerequirementshouse; The tax you pay for title registration (1.5% of purchase price) and new mortgage deeds (2% of the amount).
🇸🇪AvstyckningSubdivision (lot split, parcel division): Land and Plotsone-time-costvacation-homehouse; Dividing a property into several parts, for example selling a piece of the plot. Requires approval from Lantmäteriet.

T

🇸🇪LagfartsbevisTitle certificate (deed of title, ownership certificate): Real Estate Lawvacation-homerequirementshouse; Proof that you are registered owner of the property. Important document after purchase.
🇸🇪LagfartTitle registration (title deed, deed of ownership): Loan-to-Value and Valuationapplicationone-time-costvacation-homerequirementshouse; Registration of you as the owner with Lantmäteriet (Land Registry). Mandatory when buying property.
🇸🇪RadhusTownhouse (row house, terraced house): Property Typeshousing-cooperativehouse; Houses connected to neighbors. Can be freehold or housing cooperative - which affects how you borrow.

V

🇸🇪Obebyggd tomtVacant lot (undeveloped land, empty plot): Land and Plotsapplicationvacation-homehouse; A plot without a house. Banks are often more cautious with loans for land purchases - you may need a larger down payment.

Z

🇸🇪DetaljplanZoning plan (local plan, detailed development plan): Land and Plotsvacation-homerequirementsnew-constructionhouse; The municipality's plan for what can be built where. Determines if you can extend or build new on your plot.

A

🇸🇪BiareaAncillary area (secondary area, supplementary space): Areasvacation-homehouse; Area not counted as living space, like basement and garage. Valued lower per square meter.
🇸🇪TaxeringsvärdeAssessed value (tax assessment value, rateable value, tax value): Loan-to-Value and ValuationProperty Assessmentvacation-homehouse; The Tax Agency's valuation of the property. Used for property tax and can differ from market value.

B

🇸🇪KöpebrevBill of sale (deed of conveyance, transfer deed): Buying and Sellingvacation-homerequirementshouse; The document proving ownership has transferred to you. Written when the full purchase price is paid.
🇸🇪BygglovBuilding permit (planning permission): Land and Plotsapplicationone-time-costvacation-homerequirementsnew-constructionhouse; Permission from the municipality to build. Without a permit, you cannot build new or make major changes.

C

🇸🇪FärdigställandeskyddCompletion guarantee (builder's warranty, construction insurance): New Constructionrequirementsnew-constructionhouse; Insurance that protects you if the construction company goes bankrupt. Mandatory for new construction.
🇸🇪ÄgarlägenhetCondominium (condo, freehold apartment, freehold flat): Housing TypesProperty Typeshouse; An apartment you actually own, like a house but in an apartment building. Uncommon in Sweden but exists.
🇸🇪BygglånConstruction loan (building loan, self-build mortgage): New Constructionapplicationrecurring-costnew-constructionhouse; A loan during construction that is paid out in stages. Converted to a regular mortgage when the house is finished.

D

🇸🇪VillaDetached house (single-family home, house): Property Typeshouse; Your own house on your own land. You own both the house and the plot and are responsible for all maintenance yourself.

E

🇸🇪ServitutEasement (right of way, servitude): Land and Plotsvacation-homehouse; A right to use someone else's land, for example for a road or utilities. Registered and follows the property.
🇸🇪GravationsbevisEncumbrance certificate (title search, liens certificate): Real Estate Lawvacation-homerequirementshouse; Shows what mortgages and encumbrances exist on the property. Important to check before purchase.

F

🇸🇪ÄganderättFreehold (ownership, fee simple): Housing Typesvacation-homehouse; You own the property and land yourself. Most common for houses and gives the most control.

G

🇸🇪TomträttsavgäldGround rent (site leasehold fee, land rent): Land and Plotsrecurring-costhouse; The annual fee you pay to the municipality if you have site leasehold. Counted into your housing costs by the bank.

H

🇸🇪VillaförsäkringHouse insurance (homeowners insurance, building insurance): Insurancevacation-homerequirementsrecurring-costhouse; Insurance for the house that includes home insurance. Mandatory in practice for homeowners.
🇸🇪HypotekHypothec (mortgage security): Collateralvacation-homerequirementshouse; Another word for pledge in real property. Mortgages are sometimes called hypothec loans.

L

🇸🇪ArrendeLand lease (ground rent, leasehold): Land and Plotsvacation-homerecurring-costhouse; Renting land to have your house on instead of owning it. The lease fee becomes an ongoing cost.
🇸🇪FastighetsregistretLand Registry (property register, cadastre): Real Estate Lawvacation-homerequirementshouse; Lantmäteriet's register of all properties and who owns them. Public information.
🇸🇪LantmäterietLantmäteriet (Swedish Land Registry, Swedish mapping authority): Authoritiesapplicationvacation-homerequirementshouse; The authority that handles title registrations, mortgage deeds, and the property register. You have contact with them when buying a house.
🇸🇪PanträttLien (security interest, charge): Collateralvacation-homerequirementshouse; The bank's right to claim the property if you don't pay the loan. This is why mortgage rates are low - the bank has security.

M

🇸🇪PantbrevMortgage deed (mortgage certificate, title deed): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; A certificate proving that the property can be used as loan collateral. Either already exists in the property or new ones must be issued.
🇸🇪PantbrevskostnadMortgage deed fee (mortgage registration fee): Loan-to-Value and Valuationone-time-costvacation-homerequirementshouse; 2% of the mortgage deed amount paid to the government when new deeds are issued. A one-time cost when buying.
🇸🇪InteckningMortgage lien (encumbrance, charge): Loan-to-Value and Valuationvacation-homerequirementshouse; A registration in the property showing it can be used as loan collateral. The mortgage deed is proof of the lien.

P

🇸🇪PassivhusPassive house (zero-energy building, ultra-low energy house): Green Loansnew-constructionhouse; Extremely energy-efficient house that often qualifies for the best green loans.
🇸🇪TomtPlot (lot, land, building plot): Land and Plotsvacation-homehouse; The land the house stands on or where you want to build. Can be purchased separately if you want to build new.
🇸🇪FastighetstaxeringProperty assessment (property taxation, real estate assessment): Property Assessmentvacation-homerequirementshouse; The process where the Tax Agency values properties. Done every three or six years depending on property type.
🇸🇪FastighetsavgiftProperty tax (real estate tax, municipal property fee): Taxes and Feesrequirementsrecurring-costhouse; Annual fee for owning a house or housing cooperative apartment. Paid through taxes and affects your housing costs.
🇸🇪TypkodProperty type code (use code, classification code): Property Assessmentvacation-homehouse; Number code showing what the property is used for. Affects taxation and can be relevant when buying.

R

🇸🇪RelaxationRelease of lien (partial release, mortgage release): Collateralvacation-homehouse; When the bank releases the pledge on part of a property, for example when subdividing and selling a plot.

S

🇸🇪TomträttSite leasehold (ground lease, land lease): Property Typesrecurring-costhouse; You own the house but rent the land from the municipality and pay ground rent. Affects your housing costs.
🇸🇪StämpelskattStamp duty (transfer tax, deed tax): Loan-to-Value and ValuationTaxes and Feesone-time-costvacation-homerequirementshouse; The tax you pay for title registration (1.5% of purchase price) and new mortgage deeds (2% of the amount).
🇸🇪AvstyckningSubdivision (lot split, parcel division): Land and Plotsone-time-costvacation-homehouse; Dividing a property into several parts, for example selling a piece of the plot. Requires approval from Lantmäteriet.

T

🇸🇪LagfartsbevisTitle certificate (deed of title, ownership certificate): Real Estate Lawvacation-homerequirementshouse; Proof that you are registered owner of the property. Important document after purchase.
🇸🇪LagfartTitle registration (title deed, deed of ownership): Loan-to-Value and Valuationapplicationone-time-costvacation-homerequirementshouse; Registration of you as the owner with Lantmäteriet (Land Registry). Mandatory when buying property.
🇸🇪RadhusTownhouse (row house, terraced house): Property Typeshousing-cooperativehouse; Houses connected to neighbors. Can be freehold or housing cooperative - which affects how you borrow.

V

🇸🇪Obebyggd tomtVacant lot (undeveloped land, empty plot): Land and Plotsapplicationvacation-homehouse; A plot without a house. Banks are often more cautious with loans for land purchases - you may need a larger down payment.

Z

🇸🇪DetaljplanZoning plan (local plan, detailed development plan): Land and Plotsvacation-homerequirementsnew-constructionhouse; The municipality's plan for what can be built where. Determines if you can extend or build new on your plot.