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Welcome to a home for life

Here, will answer frequently asked questions and guide you along the way. We would also like to enlighten you about the benefits of living in a home from Riksbyggen and tell you a little about what it means to be a member of a cooperative housing association. Here at Riksbyggen, we always care that little bit extra. About you, your home and the surrounding environment. Shouldering long-term responsibility is something we have been doing for over 80 years. And it is something we intend to keep doing far into the future – a future we would be delighted to share with you.

How your purchase works

Once you have decided to buy a home, the first step is to sign a precontract. The second is to sign a leasehold agreement. During this period, you can select the fixtures and fittings and thus take part in the design of your future home. The period between a decision to buy and moving in varies depending on what stage of development the new homes are at when you enter the picture as a buyer. During the period between signing a contract and moving in, you will receive information on an ongoing basis concerning the development of your new home.

Precontract

A precontract is entered into between you and the cooperative housing association. As the buyer, this guarantees you the right to acquire a specific apartment. The contract is based on the association’s cost calculation, which is registered by the Swedish Companies Registration Office. Before you sign the precontract, a credit report will be obtained and confirmation that you have been guaranteed a mortgage. You will then receive an invoice in the post for advance payment of part of your deposit.

Leasehold agreement

Once the association’s final financial plan is registered by the Swedish Companies Registration Office, we will send you a leasehold agreement. You then sign the agreement and return it to us. We will then send you an invoice for the deposit on your new home. The standard deposit is 10 per cent of the price, less the advance payment you made on signing the precontract.

Option agreement

If you are involved at an early stage of the development,

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you have ample opportunity to put your personal touch to your future home by making interior design choices. How much of an opportunity depends on the project you are interested in and at what stage you become involved. Your interior design coordinator can explain the situation with regard to your particular new home. The option agreement is a separate agreement between you and Riksbyggen. The standard agreement is that you pay 20 per cent of the cost of options when you place an order and the rest when you move in.

Taking occupancy and moving in

On the day you take occupancy, your final deposit payment, option payment and monthly fees must be paid in full. Once payment is made, you will receive the keys to your new home. When you take occupancy, you will receive a folder containing maintenance and other instructions. In good time before you move in, we will send information via a newsletter or arrange an information meeting.

Inspection and warranty

In conjunction with the completion of building work, a final inspection will be conducted by an expert inspector. Once the handover is complete, there is a warranty period of five years. After two years, an inspection will be carried out of all buildings and the grounds. At the end of the warranty period, a review will be conducted of the defects reported during the warranty period (no inspection is carried out at this time). Riksbyggen will remedy any defects that have been noted by the inspector.

Payment of annual fee

The annual fee is paid monthly in advance, beginning on the date of occupancy. The first invoice will be sent to you and must be paid no later than the date of occupancy.

Riksbyggen Priority

Riksbyggen Priority is a way for you to see and choose newly built cooperatively and privately owned homes before there are available to the general public. You collect points over time, and the more points you have, the greater the chance you have to choose exactly the home you want in a certain project. By registering for Riksbyggen Priority, you receive advanced information about the projects in which you have registered an interest.

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