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What is included in the housing fund?

In the case where Félagsbústaðir owns single apartments it‘s the decision of the respected Housing associtation to determine the amount of the housing fund which are agreed upon in general meetings each year. Houses that are fully owned by Félagsbústaðir the housing fund is determined by the last year‘s cost 

It is different between apartment buildings what is included in housing fund. What is usually included in housing fund is heating; electricity; care of the garden, e.g. mowing and snow removal; garbage collection; and recycling. Sometimes cleaning is purchased as part of the housing fund, but otherwise the residents share the cleaning of the common area.

If you want to know exactly what is included in the housing maintenance fee in your building, please contact us. 

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