Sales of new housing can grow

31.01.2012 12:18
Articles about real estate | Sales of new housing can grow In 2012, the number of sold housing from developers, could increase by 25-30%. This is due to the fact that by a decline in lending by banks to real estate in 2011, today more and more construction companies are beginning to offer their own installments for the purchase of an apartment or house, Alexander Nepomnyashchiy, Director of the Department of State programs and housing development Minregionstroya.

To attract customers, developers today often complement their proposals with special conditions. This can be somewhat reduced interest payments on the loan, longer repayment of debt, etc.

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To date, nine construction companies offer so-called "targeted mortgage", when buying an apartment in a particular builder, you can receive a loan from his bank partner. Advantages of this loan is that the developer acts as a kind of surety, and with it the real estate loan can be arranged much easier and faster than their own. The average percentage of such loans is 14-17% per annum in UAH, and the first installment - 20%.

According to Alexander Nepomnyastchy, Director, Department of State programs and housing development, because of the economic crisis a substantial market for housing is cheaper.
Content tags: Housing
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