Right-of-occupancy housing is an intermediate form of housing between renting and owning your home. You can become a resident of a right-of-occupancy home by paying 15% of the total price of the home as a right-of-occupancy payment. In addition, you pay a monthly maintenance fee on the home. The fee is comparable to rent, which means that you may be entitled to a housing allowance. In most banks, the right-of-occupancy agreement is accepted as collateral for the loan required for the right-of-occupancy payment, and the interest on the loan is tax-deductible. There is no transfer tax on the right-of-occupancy payment.
In Kerava, official duties related to the right-of-occupancy system are centralised to the City of Helsinki’s housing services. More information on the right-of-occupancy system is still available from the City of Kerava’s housing services.
In 2023, the selection of tenants for right-of-occupancy dwellings will switch to fixed-term queue numbers and a national queuing system. Unused queue numbers in the common right-of-occupancy queue number system for the Helsinki region are valid until 31 December 2023. Fixed-term queue numbers and the national queuing system will be adopted on 1 September 2023, from which point queue numbers must be applied from ARA and are valid for 2 years.