More than one-person households buying houses | Yle Uutiset
As more and more people live alone in Finland, an increasing number of one-person households are taking out mortgages, according to the banks.
While Uusimaa recorded the highest number of single-family home buyers, retail banks Osuuspankki, Nordea and Säästöpankki said one-person households were also increasingly interested in taking out mortgages in health centers. urban growth beyond the capital region.
Osuuspankki said Singletons made up half of the bank’s mortgages, of which around fifty percent were first-time buyers.
People who take out home loans on their own are typically between the ages of 20 and 30, according to Kaisu christie of Osuuspankki’s consumer credit unit.
At Nordea, one in four mortgage loans is granted to people living alone, most of them between the ages of 30 and 39. Jussi Pajala de Nordea said the bank had seen an increase in the number of mortgage applications under 30 over the past two years.
Last year, Nordea’s mortgages for one-person households averaged between 130,000 and 140,000 euros, while Osuuspankki’s were between 115,000 and 125,000 euros.
Säästöpankki’s Markus Lauri said the bank does not consider individual buyers to be a greater risk than other customers, saying the bank controls their ability to repay loans in the same way as other buyers.
Banks, however, have said that one-person households are sometimes forced to compromise on their dream home, noting that the loan amounts available to households with an adult and a child can make it difficult to buy. of a property in downtown Helsinki.
Christie said that beyond the capital, a trend of buying townhouses or single-family homes was emerging. She said working remotely during the pandemic likely accelerated that development.