Photo: Grigory Sysoev / RIA Novosti
About 50 percent of housing transactions in Russia are held with the assistance of a mortgage, the majority of people are using third-party tools to make the initial payment for an apartment. It is reported TASS with reference to the study “Craigslist real Estate”.
As analysts found out, 16 percent of mortgage holders are turning to parents, about a quarter of the sell another property, nine per cent take a consumer loan for the down payment, three percent sell valuable property, two percent borrow money from friends. Eight percent of borrowers indicated that they had paid the first installment chipped with a partner.
Most Russians do not have long to save for a down payment on a mortgage, the experts noted: 47 percent of respondents said they do not hoarded, another 24 percent reported that they had collected the necessary sum in less than three years. Within three to five years, saving up to 15 percent of the respondents, six to eight years, took five percent of food. More than eight years to raise the money for the down payment took only three percent of the borrowers. Another six percent have a mortgage with no down payment.
Earlier in November, was named the regions with the best mortgage. First place in the ranking took the Ural Federal district, where the monthly payment of housing loan average “eats” 42 percent of wages. In second place was the Central district, the third — Siberia. In Moscow and in southern Russia monthly service credit is citizens spend about 60 percent of salary.
Video, photo All from Russia.