For people who own a house

Here is everything you as an owner of a detached house need to know about the process of moving, from us contacting you to you moving into your new home.

The process

We understand that you have many questions regarding the urban transformation and how it will affect you. We will do our best to answer those questions about timing, possible relocation options and how the move itself will be carried out. To guide and help you with any questions and concerns, you will be in contact with one of our urban transformation representatives throughout the process.

First meeting

Well in advance of mining affecting your property and current infrastructure, LKAB will inform you about when you can expect to be impacted by the urban transformation. We will reach out to you and schedule the first meeting to plan your relocation.

Valuation

An independent property valuer will carry out a market valuation of each individual property. A functional inventory is also carried out to assess the condition and function of the property. The valuation takes into account individual differences and factors that affect the market value. The result of the inventory will be used to determine the compensation for you as the property owner if you choose to receive a new house.

Who is responsible for what in the house process?

LKAB is responsible for providing property owners with either an offer of a new house, or money. We are also responsible for ordering your new detached house, for laying tarmac on the drive and for sowing the lawn. LKAB's role finishes once the final inspection has been carried out.

Responsibility of the house supplier?

The house supplier is responsible for ensuring that the house is constructed in accordance with the order, for the guarantee and for fixing faults that are identified during the inspection. The house supplier is also responsible for consulting with you during the guarantee period. The property owner is responsible for ordering and paying for add-ons and any tax effects, and caring for green spaces.

Sale

Once you have made your choice in consultation with LKAB's urban transformation officer, the processes differ depending on the choices you have made. If you have chosen a house, a contract is signed and LKAB orders the house. You purchase your add-ons directly from the house supplier and the construction starts. If you have chosen to receive money, a contract is signed between you and LKAB. On the agreed completion date, LKAB pays the purchase price to you as property owner. Keep in mind taxes if you make a profit on the sale. Read more on the Tax Authority's website, or contact your local tax office.


After sale

Once the property has been sold to LKAB, this does not mean that you are required to move immediately. You can choose to remain for a limited time as a tenant of LKAB Fastigheter until the area is closed down. If you have chosen a replacement house, you may remain until you're able to move into your new home.

We understand that you have many questions

We will do our best to answer your questions about when you will be affected, where you can move, and how the relocation will happen. However, it can often be challenging to provide straightforward and simple answers because LKAB does not control the entire transformation process, and many parties are involved.