In the Kharkiv region are concerned about mortgage lending

23.06.2011 14:54
Property News | In the Kharkiv region are concerned about mortgage lending In the Kharkiv Regional State Administration held a meeting on the renewal of mortgage lending in the construction industry. It was attended by leaders of the Kharkov construction companies, banking institutions, representatives of the State Mortgage Institution (SMI), the state architectural-building control, the Fund's lending of the youth.

It was, first and foremost on developing mechanisms to enhance the construction sector and its withdrawal from the crisis due to the resumption of the mortgage.

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"Difficult situation in the construction industry is related primarily to the lack of a stable mortgage credit system, - said at a meeting of the chairman of Kharkiv Regional State Administration Mykhailo Dobkin. - Interest rate of 18-20% is unrealistic and unsupportable. Regulate processes in the urban sector, where a single regulator is the market economy, it is very difficult. However, no state administration, without establishing clear rules of financial cooperation and the resumption of the construction sector is impossible. This year, the Cabinet has allocated funding for the State Mortgage Institution in the amount of UAH 1.5 billion. I am sure that if you use them correctly, will be completed real estate and high-availability, and built new facilities. "

Present at the meeting expressed the representatives of the SMI developers offer finance not only the objects with high availability (at least 70%), as required by the agency today, but the objects are readily 30-50%, which in Kharkov is much greater. In turn, President Mikhail Dobkin Hogan proposed to establish a register of bona fide contractors in Kharkov, which will help determine those State Mortgage Institution will provide funds for facilities with a lesser degree of readiness in the first place.

Content tags: Property Regions Mortgages
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