In Ukraine there are prerequisites for the revival of the mortgage

30.03.2011 17:41
Articles about real estate | In Ukraine there are prerequisites for the revival of the mortgage Chairman of the Board of the State Mortgage Institution Victor Mirgorodskii believes that in 2011 there are prerequisites for the revival of the mortgage market in Ukraine. He said this during a meeting with members of the SMI of the mortgage market.

"Today, from our point of view, there are prerequisites for the revival of the industry", - said V. Mirgorodskii. He believes that prices in the construction industry, which for some time been "overheated", come into balance.

B. Mirgorodskii added that in 2011 will be found a point at which the construction market in Ukraine will work. "This point will be, and we believe that this year will really be this equilibrium point, which should lead to the further development of the construction industry and, accordingly, the revival of mortgage lending," - he added.

Since early 2011, the State Mortgage Institution funded developers through partner banks in excess of 200 million UAH.

The refinancing rate is 11% per annum, and the geography of objects is distributed throughout the territory of Ukraine. In particular, the Ivano-Frankivsk, Lviv, Kharkiv, Kyiv and Donetsk Oblast.

The institution noted that the construction projects scheduled to be commissioned this year and the total area of ??housing them is 157 thousand square meters. m

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Content tags: Mortgages
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