If you want to use your property or leasehold as security for a loan, you need to apply for a mortgage. The mortgage can only be granted if the title or leasehold has been registered in the title and mortgage register. You can apply for a mortgage and a registration of title at the same time. When the mortgage has been granted, it is shown on the certificate of mortgages and encumbrances.
The mortgage can be directed at a property, at an unseparated parcel or a specified share of a property. A lease can be mortgaged if it meets certain conditions.
You will be notified when the mortgage has been decided and the electronic mortgage deed has been registered in the title and mortgage register.A mortgage is valid until further notice. It must be terminated when it is no longer needed.
Apply for a mortgage
- Fill in an application form online by using the Property Transaction Service (in Finnish) or download an application form (in Finnish) here.
Sign your application and send it by post or e-mail.
A mortgage application will be processed within 20 days.
How much does a mortgage cost?
Each registered mortgage is subject to a charge.
If you apply for a mortgage through the Property Transaction Service, you will be expected to pay as you apply. In other cases the charge becomes payable when the decision has been given.