The Ministry of Construction, together with the Ministry of Finance, are working on additional instruments for preferential mortgages. It is too early to talk about them, but Nikita Stasishin, Deputy Minister of Construction and Housing and Public Utilities, told Izvestia on the sidelines of the Eastern Economic Forum some proposals.
“We are working with the Ministry of Finance on additional instruments of preferential mortgages, but it is too early to talk about them. We may be upgrading the family mortgage. But everything related to mortgages is the head Ministry of Finance. We will probably recommend the removal of restrictions on age, that is, on the birth of a child. Today, family mortgages work if children were born before January 1, 2018, we consider these to be limitations. If a decision is made on the mechanisms, we will offer just such an option,” he said.
According to Stasyshyn, the offer of preferential mortgages requires guaranteed demand. Today there are all the prerequisites for buying an apartment, so “do not be afraid – you need to go and buy.”
Read more in the exclusive Izvestia article:
“Don’t be afraid – you need to go and buy”
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