The property manager’s certificate is one of the most important documents in a property transaction. Yet it is also one of the most error-prone. This is a problem because the buyer makes their decision largely based on the information stated in the certificate. What’s the issue? KVKL’s CEO Jussi Mannerberg has publicly raised the issue […]
The Bank of Finland commented and Yle reported at the end of June on a matter that directly affects everyone applying for a mortgage: the down payment requirement for home loans is decreasing. For first-time home buyers, the change sounds like good news. With a smaller initial capital, you can enter the market sooner! But
Down payment decreasing: what it means for buyers Read More »
Responsibility for maintenance is one of the issues that causes the most disputes in housing companies. Who pays when the bathroom floor drain gets clogged? What about when window seals break down? The answers aren’t always clear, and in the fall of 2026, the rules of the game will change significantly. If you’re buying an
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Talk of housing company bankruptcies has become more and more frequent. The media is full of stories about payment difficulties and bankruptcy threats. Many home buyers are asking: should I be worried? The situation has changed. According to the Association of Property Management Companies, last year more than a dozen housing companies were in a
The bankruptcy of a housing company: what should a buyer know? Read More »
Mortgages have traditionally been a safe choice for Finns. Now the wind is changing. According to a recent survey by S-Pankki, 44% of Finns consider a mortgage to be a financial risk. A year ago, the figure was 33%. Meanwhile, the government has already eased mortgage rules twice this year. In April, loan periods were
When buying a new home, you are often faced with a choice: do you pay off the housing company’s loan share in installments over the years, or get your own bank loan and pay off the company loan in one go? Both options have their advantages and disadvantages, and the decision depends largely on your
The Finnish housing market is facing a major transformation, which is hardly talked about openly enough. A recent study by OP Pohjola reveals that nearly 30% of all homes in Finland will be released onto the market over the next 20 years as elderly homeowners move into care homes or die. This “grey tsunami” could
If you’ve come across the term “PTS plan” in documents related to the housing transaction or heard about it from a broker, you’re not the only one wondering what it means. A long-term maintenance plan is a document that can significantly influence your decision to buy and your future housing costs. We explain why this
PTS plan in a housing company – what does a home buyer need to know? Read More »
A new build with its gleaming surfaces and modern solutions is an attractive choice, but signing a binding purchase agreement during the construction phase also means you’re paying for a home that doesn’t yet exist. In this article, we’ll go through the biggest risks of buying a new build, how the law protects you from
When spring arrives and the snow melts, the familiar question starts to be asked in housing companies: “When will we have a yard party?” Reactions range from excited voices to quiet mutterings. Some see the volunteer day as an opportunity to improve their living environment and meet their neighbours, while others wonder if they could,
