Even if you overcome all your fears and doubts, went to the bank for a mortgage loan and even got the approval, it does not mean that the apartment will be bought on credit. Quite a lot of cases, when the deal breaks down, for example, because the bank does not approve of your chosen apartment. How can this be avoided? After receiving approval from the bank for a sufficient amount of the loan, borrowers will go to see the announcement of the sale of apartments on the secondary market (for self-purchase is necessary to make sure, when working with the agency - probably in an optional order, but will also have to). Only at this point people realize that to find an apartment, suitable for buying on credit is not easy. In addition to their own wishes, the borrower must take into account those requirements that banks and insurance companies push for property transferred as collateral. These requirements can be divided into two categories: technical and legal. Technical requirements for credit institutions differ in more than legal. Requirements for building start from the ground, what would have to pay attention when watching ads - with the location, type, age and number of storeys of the building. Stipulate that we are talking mainly about the Moscow region. Housing should be situated in the city or within 50 km of it. The house should not be in disrepair or be registered on the formulation of major repairs, demolition or reconstruction of relocating. The Bank does not endorse the apartment, located in apartment buildings, barrack-like (though hardly any of the borrowers hankering for such housing) and home of the "hotel" and "community". Wooden houses for mortgages also do not fit. The foundation must be reinforced concrete, stone or brick, but floors - metal, concrete or mixed. If the house has hardwood floors, a question may arise about the insurance company agree on the object. Alex Kozmin, head of the Directorate of underwriting property insurance to individuals and mortgage insurance group "UralSib", notes that "the insurance of apartments with hardwood floors involves greater risk than the insurance of apartments with concrete floors. In case of fire, such as wooden flooring can completely burn out and collapse, which certainly is a big loss. However, mortgage insurance, "UralSib" makes no distinction between apartments with concrete and wooden beams, that is, the express consent of the company for insurance of this apartment is not required and insurance rates do not rise. " As a rule, much easier to get approval for an apartment in the house over six floors. However, there are exceptions. Victoria Shcherbakov, head of brokerage "Loan Max", notes that "if we are talking about housing in the Central Administrative District, relating to the construction of the early XX century, but the liquid in terms of exclusivity of supply, the lending bank will request the document from the local government body or DES that the house is not in the plans for demolition, renovation or repair of relocating. If such a document will be provided, then the credit facility can be expected. " Alex Kozmin confirms that the chances to issue mortgage apartment in an old house is, "Keep in mind that apartments with hardwood floors are not built around the 1940s. In Moscow, it is usually expensive apartments in old houses in the center. Insured, they are rare. In our company last year was insured five of these apartments. " Many banks are directly prescribed in their demands for apartments that do not take a pledge of an apartment within a 5-storey prefabricated / modular homes. Russian Mortgage Bank and Bank of Moscow did not consider them in principle, and Raiffeisen Bank has approved flats in such buildings (in Moscow, St. Petersburg, Moscow and Leningrad regions), constructed before 1975. Told the head of the block, "Mortgages" Alfa-Bank Ilya Zebari, "Alfa-Bank in Moscow region there are no restrictions on the number of storeys of the building where apartment is bought on the mortgage. In the capital, we give loans to buy apartments in the five-storey building only upon the conclusion of the evaluation of a satisfactory condition at home, in addition, the house should not stand in the plans for demolition. In general, the object must conform to the requirements of the bank. " 55.84 KBEsche a standard requirement of banks: at the end of the crediting period wear at home should not exceed 70%. Therefore, as a rule, the appropriate year of construction - no later than 1970 or 1975. Deputy Chairman of Absolut Bank Oleg Skvortsov, answering a question about the maximum age of the house at the time of the loan, said that "everything depends on the location and condition of the house. If the house is in good condition and is not subject to demolition, located in downtown areas, the approval of the bank will get easy. " Requirements for an apartment now about the most dwelling. The apartment must have a separate entrance, kitchen and bathroom, that is not to be a room in a communal or interest in the apartment. The premises must be connected to electric, steam or gas heating systems, ensuring the supply of heat to the entire area of the dwelling, or to have an autonomous life support system. Necessarily the presence of hot (including the use of gas heating systems) and cold water bathroom and kitchen. Plumbing, doors, windows and roof (for the apartments on the upper floors) must be operable. For apartments in the absence of fresh new building plumbing and interior design at the time of its acquisition by the borrower shall be allowed if an independent evaluator to confirm that this object has an average or high degree of liquidity. The apartment must meet the sanitary standards of health and safety of residents and comply with the floor plan of BTI. If an open-plan living space, the bank will provide a coordinated project apartment. Among the requirements there are restrictions on the minimum area of the apartment. For example, Bank of Moscow said on its website that does not take a pledge of an apartment in Moscow and the region with the following characteristics: one bedroom with a total area of less than 32 square meters. m two-bedroom less than 41 square meters. m, three-under 55 square meters. m in all cases, the kitchen can not be less than 5.9 square meters. m. However, as we know, there are still a smaller area of housing - apartments for recreation without a full kitchen and a bathroom. They are attracted to only one - in general, lower than normal apartments, the price (although the meter in the "Dormitory" is very expensive). Victoria Shcherbakova said that the banks do not like an apartment hotel type. "The object for credit must be liquid and meet the requirements of the bank for the loan. For practice, only Sberbank loyal to consider such an apartment, because the main security for the loan will be the sureties. " Cyril Suslov noted that "in 2006 in terms of liquidity for these banks were given permission to the apartment. As the same apartment would be appreciated today, as if uncertain, but it is likely that it will not be entitled to the common "struggle for the quality of collateral," associated with the current low liquidity crisis. " Pavel Rybakov, head of sales support Russian mortgage bank, said that "in coordination with the bank can get a loan for apartments in buildings with mixed floors or malometrazhnye apartment hotel type. At the bank's decision will affect the location of the specified object, the availability of information about plans for the demolition of the house or on its reconstruction, and the ratio of "credit / personal funds." The terms of credit will be standard, ie, will depend on the size of down payment and underwriting results borrower. " When the ads screened depending on the type of house and apartment properties, you can begin to call and find out whether the object is suitable for a mortgage from a legal point of view. What are the legal requirements for the apartment, "owner" will tell the next article. Source: The owner, by Helen Brody
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