Because of the sharp decline in housing loans, the banks are pushing for the speedy implementation of the housing package deal within the interval earlier than the modified regulation of KIM comes into pressure on July 1, with which the federal authorities makes 500 million. euros out there to the states to advertise low-cost housing loans. As a result of implementation has not but been performed in most federal states, many individuals don’t take out deliberate loans, says the president of the banking affiliation Robert Zadrazil.
“The typical month-to-month mortgage quantity for personal housing financing fell from virtually 2.5 billion euros within the first half of 2022 to solely about 900 million euros on common in 2023,” Zadrazil mentioned. “Within the first quarter of 2024, the month-to-month mortgage quantity continued to fall and a mean of 800 million euros per 30 days. On the one hand, it’s about creating reasonably priced housing, but in addition about giving an essential enhance to the development trade.
“The adjustments to the KIM regulation provide aid within the exception quotas, however they will be unable to shut the housing hole,” mentioned Zadrazil. The federal authorities’s housing package deal, which was permitted a very long time in the past in parliament, have to be absolutely applied in follow as quickly as attainable. “Solely two out of 9 federal states have applied this measure, the remaining are nonetheless hesitant or don’t intend to supply any help for the acquisition of property.”
The federal government’s housing package deal stipulates, amongst different issues, that land registry registration and lien registration charges will probably be waived for an evaluation base of as much as 500,000 euros below sure situations. As well as, the federal authorities provides subsidies to the states within the type of curiosity subsidies. This provides the federal states the chance to grant low-interest loans with a most rate of interest of 1.5 % and a mortgage quantity of as much as 200,000 euros for housing help to pure individuals. Alternatively, the federal states could grant an annuity subsidy.
2024-06-30 10:20:19
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