Concessional lending to property developers extended

10.09.2010 13:05
Property News | Concessional lending to property developers extended Previously, the term benefits expire January 1, 2012.
The corresponding decision was made on Thursday the Verkhovna Rada, IA wrote, "Our Products".

MPs extended for 2 years an obligation for financial institutions to implement preferential credit business entities involved in construction of housing and other facilities under the pledge of securities, property and other assets.

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By decision of parliament amended the Law on the Prevention of the global financial crisis on the construction industry and housing construction. "

Well before 2013 extended the ban to banks to unilaterally raise the interest rate on the loan agreement for the acquisition or construction of housing by persons or entities.
Content tags: Mortgages
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