The Ministry of Construction and Housing and Communal Services plans to complete the preparation of the main parameters of the preferential mortgage program for individual housing construction (IHC) by the end of 2023. This was announced by the Minister of Construction, Housing and Communal Services Irek Fayzullin on the sidelines of the Russian forum. TASS.
The parameters developed according to it will be presented first to the government, and then to the State Duma.
“Preferential programs are fundamental to the development of mortgages. “We are slowly moving towards change in all areas,” he said. Separately, he mentioned the bill to introduce the mechanism of escrow accounts for mortgages in individual residential construction. This will protect citizens’ funds and prevent abuse by developers.
At the end of November, Ekaterina Nikitina, Vice President of the Moscow Association of Realtors, clarified One of the reasons why the price per square meter in Russia is constantly increasing. According to the expert, the developers are responsible for this, as they have been reducing the area of the flats for almost 10 years in order to sell them faster. However, this ultimately led to the opposite effect: rising prices. Demand is increasing, which increases housing prices. Once again, it takes people longer to save up money to buy something. As a result, developers are forced to further reduce the area of u200bu200bthe apartments.
Previously residents of Moscow and Moscow region there is A record amount for a mortgage.