(edit title) UK -> Sweden confused by the order of thing to do Options

[rich164h]

Hi,
As background, I'm working in the UK but about to set up a company funded by a Swedish investor (a large corporate). I will set up the company/office in the UK before then setting up a second one in Stockholm where I will then move to run both offices from. So I will be moving in the summer of 2021. My fiance is a Swedish citizen (not exactly sure when we'll get married given covid etc or whether it will be before or after the move. I'm a UK citizen). The plan was to sell our house in the UK and buy one in Sweden and try to do this so that we don't need to rent and put things in storage etc etc. We could show evidence that we can support ourselves financially if that makes a difference.

I'm aware that I need to get a personumber but to do that, you need to have an address, which you need to have a bank account for, which seemingly you need the personumber for. So it seems like a very cyclical thing. Where do I start? How do I break this loop and make progress?

As far as I can tell my only option is to sell the UK house and move somewhere rented (in the UK) then use the released money to buy a house in Sweden with cash before I move there as I'm assuming that we can't link the sale of my UK house the purchase of swedish one as a single chain, in the same way as we would if both are in the UK. I can then use that address to get the personanumber, to then get a bank account etc etc.

Having to rent is going to be a major hassle given all of the things that we will be shipping and seeems stupid given it's just to resolve one administative step in the process. Is there any way we can avoid this? I could think about taking out a mortgage in Sweden for the new house but will that be allowed since we're not actually there yet and have no credit history in the country? would our UK history count for anything if we were to use someone like Handelsbanken who have office in the UK and could check?

Thanks in advance.

Rich164h

ps. I know BREXIT might throw all of this up in the air, so I'm trying to work out what we'd do with the current rules and just hope that common sense will prevail and the system won't change too much.

[*Guest*]

You don't need a personal number or a Swedish bank account to buy property here. You just transfer the money to the estate agent who also acts like a solicitor does in the UK.

Edit. Plus your partner is Swedish which makes everything easier.

[rich164h]

ok, so are you saying that I can actually link the sale of my UK house to the purchase of one in sweden? i.e. I can form a chain so that the lawyers involved move the cash directly from my UK sale to the Swedish estate agent, meaning that I don't need to rent in between to "physically" get hold of the cash myself? I didn't know if this worked across borders since the buying/selling process seems so different.

If that can work, then that would give me the address to then unlock everything else without the need to rent anything/anywhere.

[*Guest*]

I doubt they'd want to form a chain, it's serves no purpose. Just treat them as separate transactions.

[rich164h]

That's what I thought, which means that aligning the sale/purchase timing is going to be almost impossble and hence I'm probably going to need to rent somewhere :-(

Regarding the mortgage options, is there any way that I can use my UK credit history to get a Swedish mortgage early? Is that ever done? Whilst I don't ultimately need a mortgage it would be a way to buy the house there before the one in the UK is sold.

[Engelkott]

That's what I thought, which means that aligning the sale/purchase timing is going to be almost impossble and hence I'm probably going to need to rent somewhere :-(Reg ... (show full quote)

That's what I thought, which means that aligning the sale/purchase timing is going to be almost impossble and hence I'm probably going to need to rent somewhere :-(

Regarding the mortgage options, is there any way that I can use my UK credit history to get a Swedish mortgage early? Is that ever done? Whilst I don't ultimately need a mortgage it would be a way to buy the house there before the one in the UK is sold. ... (hide full quote)

In Sweden property sales are different to the UK. Here when you agree a price the contract is signed and date agreed. That is set in stone unlike in the UK where someone can pull out up until the contracts are exchanged. We also have a bidding system so the price a property is on sale for is likely to sell for much more.

Your credit rating will count for nothing here and you won't get a bank loan without a job. Be aware that owning a house here comes with a lot more bills than in the UK and apartments come with monthly rent too even if you own the apartment.