Azarov named the highest mortgage rates

17.06.2011 10:45
Articles about real estate | Azarov named the highest mortgage rates Enlarged meeting of the Cabinet of Ministers on pending and future construction projects planned in mid-August. This was announced by Prime Minister Mykola Azarov at today's meeting.

"Somewhere in the middle of August will need to hold an expanded meeting of the Cabinet of Ministers with the participation of governors, which allowed the lowest rates in terms of new housing, and developers" - the words quoted the prime minister "RBC Ukraine."

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According to the Prime Minister, you must finish by August, an inventory of all assets under construction to date. Azarov noted that the 16 thousand objects of inventory held by only 12 thousand

The Prime Minister said that by next year, mortgage rates on construction loans should not exceed 12%: "I think that the rates for next year should go down to the level of 12%, and subsequently even lower" - Azarov said.

In addition, the Prime Minister stressed that the cost of housing for the population should not exceed 8 thousand hryvnia per square meter. m. According to Azarov, this year recorded growth for the construction of 12%, and if we take separately for housing - 25%.

Note Azarov said earlier that the government in 2011 will provide for construction mortgages 1 billion hryvnia. The prime minister said the government with the National Bank will develop a mechanism for lending for social housing at lower than market interest rates.
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