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Mortgage lending market review

by hotjapanse

At the beginning of this year, it turned out that the number of those banks that offer loans for secondary housing increased much. Despite this, loans did not become more affordable, and the real rates only increased. Recently, the Ministry of Regional Development, Construction and Housing and Communal Services has officially stated that the lending program with a low percentage would only begin on May 15. The minister explained that only Oschadbank was involved in the implementation of these goals, as he alone wanted to participate in the program. This bank has already begun to develop a list of those documents that will be needed to receive a loan. In addition, the ministry explained that the program is designed not only for the waiting list, but also for those Ukrainians who are not in line for housing. Another player entered the market of secondary real estate lending, who immediately entered the 50 active leaders of this segment. They became a righteks-bank. As for the primary market, here the most active bank is Ukrgazbank. It is also worth noting that since the beginning of this year, the number of banks that offer housing lending has significantly increased. You should not rejoice, since it is still difficult to get a loan as before, so getting a loan with a small initial contribution is still difficult. As for real loans rates, they have only increased. Those banks that have just come to the real estate market are in no hurry to provide more affordable loans, so this industry is still at an inaccessible level for ordinary citizens.

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