Selling mortgaged property

Before selling a mortgaged apartment or house, clarify the secured obligations and payment arrangements. The registered mortgage amount may differ from the outstanding loan. An offer requires current information.

What we consider when preparing an offer

Outstanding loan and other secured claims
Creditor conditions and required arrangements
How the mortgage is amended or removed
Net proceeds remaining for the seller

What to send us

Property details and photos
Current information from the lender
Details of other encumbrances and owners

What to know before deciding

A mortgage does not by itself mean a sale is prohibited, but the transaction depends on the specific obligation. Arrangements must be agreed before signing. If the price is insufficient to cover the claims, a separate solution is needed.

How to prepare your property for an assessment

Before planning completion, ask the lender for written information about repayment and the steps required. Clarify the calculation’s validity date and possible additional costs. The offer price and the money you retain are different figures, so calculate them separately.

Discuss both payment routing and mortgage-related paperwork with the bank and notary. If you need the proceeds to buy another home, compare the two transaction schedules. Do not assume new finance or register changes will automatically be ready on the same day.

What to clarify before a final offer

Identify the property, intended date and linked loans in your bank enquiry. Ask for the repayment amount, calculation validity and conditions for register changes. Where the security supports several obligations, do not rely solely on one loan balance.

Compare the bank’s reply with the buyer’s offer. Identify payment recipients and when the seller can use the remaining funds. A new purchase or moving plan should not depend only on a provisional appointment. Recheck figures and other participants’ readiness if a date changes.

What happens next

Send the initial details. We review them, clarify missing information and arrange a viewing where needed. The final price, payment arrangements and handover are agreed before the notarial transaction.

How direct property purchase works

Frequently asked questions

What information is needed about the bank loan?

Provide the known balance, lender’s name and any early repayment information. Bank account passwords are not needed. The current settlement amount and payment instructions must be confirmed with the lender before completion.

Does the mortgage disappear automatically on sale?

Do not assume that it does. Settlement of the loan and any change or removal of the mortgage must be arranged for the transaction. The lender and notary clarify the necessary consents and documents.

When is the price final?

An offer based on photos and a description is preliminary. We confirm the final price after reviewing the necessary information and the condition of the property. Any newly discovered material issue is discussed before completion.

Who pays the transaction costs?

In a direct purchase, we cover the agreed notary and registration costs. Existing loans, debts and other seller obligations are considered separately, and the payment arrangements must be agreed before completion.