The State Duma proposes to increase the limits on family mortgages

The Russian government was asked to increase the maximum loan size for a family mortgage. The corresponding initiative was sent to the head of the Cabinet of Ministers Mikhail Mishustin by the first deputy chairman of the State Duma Committee on Construction and Housing and Communal Services Vladimir Koshelev, the newspaper reports «News».

A family with two or three children needs a three-room apartment, and it now costs much more than 6 million rubles. Young parents and large families are not able to pay such a difference without state support. And I consider talk about the economic inexpediency of such assistance to be harmful. After all, we are talking about the future of the country, and investments in human capital have always been the most reliable,” said the parliamentarian.

Oksana Panova, a member of the mortgage committee of the Russian Guild of Realtors, in a conversation with a Tsian.Zhurnal correspondent, explained that in the country as a whole there is a situation in which many families cannot qualify for a loan under the state program.

The latest tightening, which was introduced in 2024, has reduced the chances of families acquiring their own housing. Also, most banks working under this program have put in place quite serious protective measures. But the demand for this program is not decreasing, so the initiative to increase the limits will open the opportunity for some families to get a mortgagesaid the specialist.

In her opinion, it would be correct to increase the limits to 12 million rubles.

Thanks to this, families with children will be able to afford housing in which they will live comfortably. It is also worth considering that with a maximum limit of 12 million rubles, families will be able to afford to service their mortgage, at least in large cities with a population of 1 million or more peopleconcluded Oksana Panova.

Mortgage lending expert Yulia Anisimova does not expect an increase in the maximum loan size for a family mortgage.

I think we can expect more funding for family mortgages, but not in the form of an increase in the maximum limit per borrower, but in the form of an extension of the program and additional allocation of money for thissaid the speaker.

source: CYANOGEN