Green mortgage
A mortgage interest discount for buyers of energy-efficient or certified homes and homeowners transferring a qualifying mortgage from another bank.
Cette fiche est actuellement disponible en anglais.
You can receive a 0.10 percentage-point discount on the mortgage interest rate for every housing loan secured on your qualifying home. The discount is applied when the loan is set up; the rate shown in your loan-promise application does not include it.
This is a mortgage that you repay with interest. Borgo AB (publ) is the lender, and Sparbanken Syd handles your customer contact. Your final rate is individual and depends on your finances and your overall business with the bank.
Sparbanken Syd charges no loan arrangement, payment-notice or mortgage brokerage fee. If you transfer a mortgage with a fixed interest rate, your current bank may charge compensation for ending the fixed-rate period early.
When buying a house, land-registration and mortgage-deed costs also apply.
Eligibility
Your home must meet at least one of these conditions:
- Energy class A or B under Boverket’s classification from 1 January 2014. Energy classes describe how energy-efficient the home is, from A (best) to G (worst). You can check the class in Boverket’s energy-declaration register.
- Nordic Swan certification from Miljömärkning Sverige.
- Miljöbyggnad Silver or Gold certification from Sweden Green Building Council.
- Passive House certification from the Passive House Institute (PHI).
Ask the estate agent or seller for the relevant certification. For a housing-cooperative apartment (bostadsrätt), the association’s building must meet one of the same criteria; you can ask the association for its energy declaration or certificate.
The offer covers new mortgages, including a qualifying mortgage transferred from another bank. Rearranging an existing Sparbanken Syd mortgage does not qualify.
For a purchase, the mortgage can cover at most 90% of the purchase price. You must finance the remaining 10% with savings or another source that is not a mortgage. The bank assesses your income, the home’s value and your ability to afford the loan. If you buy with a partner who is studying, at least one of you must have a regular income. The bank must approve a housing cooperative’s annual report before an apartment purchase.
You repay 1% of the total mortgage each year when the loan is 50–70% of the home’s value, and 2% when it is above 70%.
How to apply
- Statut
- Candidatures au fil de l’eau
- Conditions de cette période de candidature
- New mortgages and qualifying transfers from another bank; existing Sparbanken Syd mortgage rearrangements excluded.
For a purchase, first apply for a loan promise through Sparbanken Syd’s loan-promise page to find out how much you can borrow. Find a home meeting the green criteria, then contact Sparbanken Syd on 0411-822000 after winning the bidding and when you are about to sign the purchase contract.
The instant online loan-promise decision is for a house, housing-cooperative apartment or holiday home; at most two borrowers who will share a household after purchase; permanent employees or pensioners; income in Swedish kronor; and no need to finance both an existing and a new home at the same time. If you do not meet those conditions, or prefer a personal assessment, choose the adviser route in the application process.
If you already own a qualifying home and want to transfer its mortgage from another bank, call Sparbanken Syd on 0411-822000.