The Izhs Faizullin, the head of the Ministry of Passion, was told about the coming distribution of the mechanism of ESCRO accounts, the head of the minister - at a meeting with business representatives in the Chamber of Commerce and Industry. According to him, the relevant document and government regulations will be discussed during the spring session. Today the system applies only when buying apartments in high-rise buildings under construction. In the project of the construction industry development strategy and housing and utilities, this measure, the introduction of escrow accounts, is provided for up to 2035.
Politicians continue to negotiate with banks on mortgage lending to the construction of individual housing - on more favorable terms. In the meantime, only pilot projects operate in this segment of the real estate market. For example, a preferential loan for the construction of a private house under 6.5% per annum - for young families with children. The program was launched on December 1, 2020 and will last until July 1, 2021.
At home can rise in price
Experts believe that the introduction of an escrow account and preferential mortgage system influenced apartments. Demand increased, building materials have also risen in price: fittings, wood, etc. The price of a square meter increased by 19%. And the area of apartments in new buildings decreases - so that the person can buy accommodation is cheaper. Although there are state challenges to stimulate fertility. And the family with children live in a small apartment is uncomfortable, let it be beneficial from a financial point of view.
President of Russia, Vladimir Putin, held a meeting on economic issues, during which he stated a shortage of available apartments available for families for families. One of the decisions, the head of state considered the development of the sphere of ILS. The strategy states that in 2019 the average area of the house on Earth was about 139 square meters, and the price of one "square" was lower than the cost of a similar m2 of the apartment 1.5-2 times. But last year, the demand for country houses increased by 30-50%, and with it prices - by 10% and higher. And if the possibility of a safe transaction and long-term loan with a low interest rate will appear, the risk of further increase in the value of the property is not excluded.
On the other hand, an escrow account must ensure safe settlement between the seller and the buyer. We are not talking about a "chaotic" construction, but about a contract with a company, comprehensive construction. The mechanism implies that the money will be received by the developer only when the cottage will be ready. Is it possible to assume that this compensates for the increased price (if the cost really swears up)?
Politicians promise in parallel to engage in social infrastructure, roads, transport links and, according to Irina Bulgakova, Chairman of the Expert Council of the Committee of the GD on Housing Policy and Housing and Communal Services - the development of the rules for the content of low-rise districts. The official proposed to give developers the opportunity to gradually disclose escrow-accounts - when performing a certain part of construction, until the objects are commissioned.
And again typical projects
The plans of the authorities are scaled production of individual houses. This, according to politicians, will avoid building risks. A family that wants to have his own home is traditionally a solution to several tasks. For example, you need to find a suitable land, where in close proximity to have everything you need for a comfortable life. There is a problem of communications. And it is also not easy to choose a pro, a brigade, control the process.
Banks are confident that it is more convenient for the prepared "product." That is, the person concludes a contract with the developer, opens an escro-account and is waiting for his house will be ready (including engineering networks, roads.). Money developer will receive only when it gives the object to the buyer.
"Factory" houses, household complexes, according to officials, can become liquid banking collateral - but not built, which are erected by the "Host". Leading banks believe that for the development of ISS in Russia, the mass construction of cottage settlements, townhouses - exclusively professional developers. In fact, it will be country houses with urban infrastructure - which is very important for people who, in connection with the pandemic, switched to a remote work format.