Tatarstan is among the leaders in issuing rural mortgages
More than 280 Tatarstan families took advantage of the rural mortgage program from Rosselkhozbank this year. The total amount of loans issued in 2023 exceeded 740 million rubles.
According to the bank's experts, Tatarstan shares the first place among the regions with Udmurtia in the current year in terms of rural mortgage issuance from the RSHB. The republic accounts for 7% of the issuance. The average age of rural mortgage clients is between 30 and 45 years old. As a rule, these are families with children.
In total, in the first 4 months of 2023, Rosselkhozbank issued more than 10 billion rubles of rural mortgage loans. More than 2.5 thousand families were able to improve housing conditions.
“In Russia, the demand for preferential rural mortgages is growing as part of the state program “Integrated Development of Rural Territories”. Rural mortgages have benefited tens of thousands of our compatriots and made it possible to purchase spacious living space in the countryside. Since the beginning of 2023, Rosselkhozbank has issued more than 10 billion rubles of rural mortgages. In general, the issuance of rural mortgages in the RSHB since the launch of the program has exceeded 170 billion rubles,” said Olga Shvedova, Director of the Retail Business Department of Rosselkhozbank.
An application for a rural mortgage at the RSHB at a rate of 3% can be submitted by any resident of the country aged 21 to 75 years. The amount of a loan issued for up to 25 years is from 100,000 to 3 million rubles. For the Leningrad Region, the Far Eastern Federal District and the Yamalo-Nenets Autonomous District, the maximum amount of a rural mortgage is 5 million rubles. The initial payment starts from 10%. To purchase more expensive housing, each of the spouses can take a rural mortgage, doubling the total loan amount. In this case, the house must be acquired on the basis of common joint ownership under one contract of sale, indicating both spouses as buyers.
Rosselkhozbank promotes the development of rural areas through the Svoe Selo digital platform, which is part of the Svoe ecosystem. The number of users of the platform, launched in May 2021, exceeded 1.5 million, and the number of suburban real estate objects presented on it exceeds 1 million. More than 1,600 accredited contractors are registered on the platform, users are offered more than 2,700 standard country house projects, as well as more than 9,000 services for repair, construction, design, engineering, landscaping and home improvement. In April 2023, the RSHB launched a housing construction calculator on the Svoye Selo platform. Now users will have the opportunity not only to take advantage of ready-made projects, but also to evaluate the amount of preparatory work and draw up a preliminary estimate for a country house project, taking into account consumables.