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In Russia, the issuance of mortgages for private houses has quadrupled

In accordance with the results of 2023, the ten largest banks in Russia managed to issue more than 118 thousand loans for individual housing construction (IHC). At the same time, the total amount received by Russians for these purposes amounted to 537 billion rubles. Relevant information share “Vedomosti”.

As Alexei Nidens, Deputy General Director of the state-owned company Dom.RF, noted, commenting on the current market situation, the figure turned out to be four times higher than the 2022 result.

Niedens also drew attention to the fact that in 2023, every twentieth mortgage loan was issued by banks for the construction of a private home. Moreover, in 2022, this type of housing accounted for only one mortgage loan out of fifty. The expert shared his opinion that this circumstance is a consequence of the extension of preferential mortgage programs to the individual housing construction segment.

Previously Public News Service reportedthat mortgage benefits can be extended for large families. Relevant information was shared by Svetlana Bessarab, a member of the State Duma Committee on Labor, Social Policy and Veterans Affairs.

Message In Russia, the issuance of mortgages for private houses has quadrupled appeared first on Public news service.

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