This meeting was dedicated to journalists director of the department of private and corporate lending company Penny Lane Realty Roman Stroilov.
Related article: Demand for suburban market in Russia is approaching pre-crisisAccording to the expert, strategic development of the mortgage on a suburban real estate market hampered by a lack of secondary market mortgage lending and the inability to land and housing estates located on the lease lands. Among the current problems of suburban mortgage Roman Stroilov calls a limited supply of services, high interest rates and the opacity of the market. "It is unclear why the presidential and government initiatives in the field of low-rise construction does not apply to the commercial market of cottage building" - he said.
The company notes that the major players in the country real estate loans are banks: Nordea, RosEvroBank, Sberbank, VTB 24, UniCredit, Gazprombank, the Renaissance, Uralsib and OTP Bank. According to Penny Lane Realty, the average interest rate decreased from 16.4% in 2010 to 15,7% in I quarter. 2011. Credit institutions are once again account for income on a bank certificate and review applications in an average of 5 days. The most popular loan volume to date is an amount of 1.5 million dollars for 15 years.