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The Russians got the right to defer mortgage



Россияне получили право на отсрочку по ипотеке

The Russians got the right to defer mortgage

The other day, Russian President Vladimir Putin signed a law giving Russians affected by the coronavirus, as well as individual entrepreneurs, small and medium-sized businesses, the right to credit holidays, which provide for a deferral of repayment of the principal amount and payment of interest on loans.

Thus, Russians who have taken a loan to purchase an apartment and are experiencing difficulties with payments due to the situation with the coronavirus can now be guaranteed to receive a deferment on their obligations .

To receive a benefit, the amount of mortgage must not exceed one and a half million rubles. Moreover, if your monthly income has fallen by more than 30 percent compared to the average monthly level last year due to the current economic situation, you can also apply for a benefit.

Credit holidays can only be issued if you bought an apartment with a mortgage before the law came into force. However, you must not be on a grace period when you apply for vacation due to the coronavirus. But the law does not prohibit using them one after another. However, you must not be on a grace period when you apply for vacation due to the coronavirus. But the law does not prohibit using them one after another. However, you must not be on a grace period when you apply for vacation due to the coronavirus. But the law does not prohibit using them one after another.
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