Housing cooperative advisory services
Seeking a healthy and stable economy for your housing cooperative? We'll assist you with every aspect of your housing cooperative's financing and financial operations and follow up regularly.
New mortgage loan
Leveraging years of experience in assisting housing cooperatives, we provide loans to existing and new cooperatives.
If your housing cooperative is planning to take out a new mortgage loan, for example to fund property renovations, there are several questions you need to consider, including:
- Do you prefer a fixed or variable interest rate?
- Do you prefer an interest-only loan?
- Should you raise the rent, or would it be beneficial to refinance existing loans?
Thanks to being owned by Forenet Kredit, an association of customers, Nykredit can offer you unique advantages as Forenet Kredit's profits serve to benefit customers. Housing cooperatives can receive a discount on their Nykredit mortgage loan (ErhvervsKroner). More about ErhvervsKroner
Day-to-day operations of your housing cooperative
A housing cooperative involves numerous incoming and outgoing payments that require continual administration and controlling, whether they are rent payments or invoices from contractors. We'll help you make the financial operations of your housing cooperative easier.
For example, we offer:
- Operating account with or without credit facility with the option of adding various services
- Simple and easy-to-use online business banking service (MitNykredit Erhverv)
- Automatic collection of rent via Nets
- Property manager access
- Board of Directors account incl Mastercard
- Various types of deposits for a clear overview.
What is a financially robust housing cooperative?
When assessing the financial robustness of a housing cooperative, both current and future members consider several factors, such as whether it has:
- A stable and reasonable rent compared to other housing cooperatives
- A financing plan for the housing cooperative's mortgage loan if conditions change
- A property maintenance plan
- Effective day-to-day operations.
Discount scheme for housing cooperatives
We make green choices easier and more affordable – also for housing cooperatives
Nykredit and NRGi therefore offer a discount on an operations and maintenance plan as well as energy labelling of the housing cooperative's buildings.
Benefits for housing cooperatives:
- Discount on operations and maintenance plan and statutory energy label
- Guidance on the transitioning to energy optimisation and heat sources
- Help to avoid unforeseen expenses.
How do housing cooperatives get a discount?
The following is required for the housing cooperative to get a discount:
- Buildings energy labelled D, E, F or G or older than 2010
- A maximum of 50 units
- A loan or banking relationship with Nykredit.
