It is interesting that, for example, in the West wealthy people prefer to live in his house in the suburbs, but not in the apartment. We can that not be a matter of prestige, but the harsh necessity. Because real estate prices in Moscow have already comparable with the prices of apartments in European capitals, and suburban housing still lags far behind. 'Most customers buy summer house with plots in different parts of the Moscow region worth up to $ 100 thousand It should be noted that in recent suburban housing has become a good alternative to Moscow apartment, - the director of retail business Promsvyazbank Lydia Herzen .-- By cost of a small country cottage is quite comparable with the average two-room apartment, and on the footage is much more profitable `.

Indeed, a small, but in good condition, three-room apartment with total area of 60 sq. km. m far from the metro station Bibirevo `` sold for $ 190 thousand similar property, but the general metric area 70 square meters. m close to metro station `` Vihino estimated at $ 200 thousand in the same time for the money in the near Moscow you can buy a townhouse or a small detached house area of 150 sq. km. m plot. For example, in the Istra district, 39 km from Moscow on Volokolamskoe highway, in the `Farm` Aleksino, you can buy a cottage in the 240 square. m for $ 270 thousand on the territory of such settlements, as a rule, there are tennis courts, mini-hotel, pool, bar, playground for children.

The range of country real estate, which usually take a mortgage, rather wide - from country houses to large detached houses. `Buying expensive real estate with a mortgage loan, the borrower may not be necessary to withdraw, with a sufficiently large amounts of business, and leave them in the` - says the deputy director of retail business Rosbank Elena Shilin.

If you decide to buy a house on credit, you need to look closely at the terms of mortgages on suburban houses. Generally interest rates and down payment on these loans is higher than on loans to the apartment. Thus, if the loan for an apartment down payment can be up to 5-10% of its value and has already entered the program with no down payment, then the suburban mortgage down payment is still in the range of 10-30%. The interest rate on such loans is also higher than for loans to buy flats at 1-3% per annum. `Ensure on country credit is less liquidity due to high labor costs for testing the purity of the transaction, permitting documentation, etc., - says head of retail products and services of the International Moscow Bank Alexey Aksenov .-- That is why interest rates on credit on suburban housing above, and the first payment is also higher than the flat `.

In the Credit Bank of Moscow increased the rate on loans countryside explain the need to collect additional documents on the land plot cadastral map and title documents. `The main problem of suburban mortgage is that the sale is often exhibited constructed, but not formatted properly at home ', - says head of the Bank's mortgage Pavel Ilyin.

U `CIT Finance Investment Bank` interest rates on loans for suburban housing is not different from the rates on loans for apartments. But differences still exist, and above all, they appear on the stage of insurance. `Borrower except life insurance and disability insurance payments should be made for the house on the property and the house and land on the title`, - said deputy director of the bank's mortgage department Dmitry Bulychev.

The development of suburban mortgage programs slows and ambiguous understanding of the assessment of country objects. After all, they vary in quality, location, status, and liquidity. And, unlike the evaluation of high-rise apartment, where all factors affecting the cost, have long been standardized, in the suburban segment of the housing market that until recently was not. `The main problem that stops the development of suburban mortgage is that the suburban real estate market was not very standardized, and as a consequence of this, sometimes there are discrepancies in the valuation of specific sites' - notice the head of the center of the mortgage department for work with private bank customers `Societe Generale Vostok` Dmitry Demeshko.

Indeed, as remarked Head of Sales Department of the City Mortgage Bank Igor Zhigunov, only recently with the start of construction of cottage settlements became possible to classify more or less accurately assess housing categories - Premium, Business, Economy.

Proper legal registration of land on today remains one of the thorniest issues in the mortgage programs at the suburban housing. Told Dengi `` CEO Land Surveying Company PO EPIRB Denis Vladislavlev, there are two key legal issues affecting the conclusion of any transaction with the land. First - is the lack of evidence of ownership of `new 'sample, without re-registration which can not perform any transaction, including with respect to mortgage. Second - is the lack of cadastral plan of the land plot, confirming the basic parameters of the site, primarily the coordinates of its boundaries and buildings, that is not defined himself collateral. Also there are technical problems that might compromise the already perfect transaction and / or significantly reduce the value of property transactions. `It must be remembered that the fence, however high he may be, is not a foreign land. Only land-marks of the land surveying company in strict accordance with the cadastral plan, define this boundary.

There are cases when a person acquires the land, builds, and then finds out that in fact all he does in a strange land. The fact that the error in determining the subject of the transaction results in recognition of its unconcluded `, - warns Denis Vladislavlev.

Bright future

Maybe it was because of problems with the proper clearance of land, higher interest rates and high down payment on the loan to the suburban real estate deals for purchase of cottages on the bank money market in Russia has isolated. Most of the contracts - about 80-90% - accounted for loans to buy apartments. `First, the purchase of an apartment - this is the basic human needs. Secondly, the housing market is more developed apartment houses, - says Igor Zhigunov .-- It appears that at country houses, including cottages with land, have yet more than 5-10% of the loans. Consequently, the volume of such loans in the total portfolio of banks is still very low `.

Thus, in Promsvyazbank this type of lending takes a little more than 5,5% of the total mortgage loan portfolio. In the mortgage portfolio of Raiffeisenbank and Rosbank share of credit for the purchase of suburban real estate is about 2%. In Absolut Bank - 1%. But there are exceptions: for example, in Moscommertsbank loans secured suburban real estate, individual houses, townhouses in the overall mortgage portfolio is 30%.

`In general, this ratio can be explained by the fact that while a credit for buying a cottage is a need for adequate security layer of the population, and therefore not widely popular product '- the chairman of the board of Raiffeisenbank Johann Jonach. But the size of suburban mortgage banks still growing, and bankers are being groomed well for the future this product. `This is a very promising direction, and the volume of suburban mortgage transactions will undoubtedly grow ', - says Igor Zhigunov. Agrees with him and Dmitry Bulychev: `The market is still very young, and an adequate supply of quality suburban housing has not yet formed. But in the next two or three years he can predict rapid growth, especially if combined with the emergence of new settlements would be civilized to develop the infrastructure `.

In late 2005, mortgage lending in the country real estate has gained a second wind. Amendments were adopted by which simplify procedure of registration of mortgage of land and facilities located on them. Until recently, the design of mortgage on the house and land was distributed, which further complicated the mortgage. For banks, this type of lending was very labor-intensive, one-off product, which accounts for, and was considered unprofitable. However, the situation is changing, and the mortgage market town real estate went all the new players, and credit conditions become milder. `It was only after amending the law the opportunity to transfer land to a pledge by operation of law on the mortgage, together with the construction on it - that is, the house, - said Igor Zhigunov .-- This allows us to simplify the work with such objects, making them more in mortgages attractive and accessible '.

Joint mortgage programs

One of the main difficulties arising in the credit purchase of country houses, is the need to conduct a thorough audit of construction and selection of the developer. `Because few developers lodge all necessary documents, there are a number of risks interim phase, when a customer first buys a house on credit, and then draws up ownership of the land ', - said chairman of Absolut Bank Nikolay Sidorov. Therefore, banks have started to develop joint programs with developers to minimize risks during construction and to avoid problems with incorrect registration of the documentation already built housing. The advantage of such programs is obvious: all the documents have already been agreed between the bank and the developer, so the process of collecting the documents and the transaction is much faster and more confident.

According to Pavel Ilyin, the advantage of joint programs is the lack of need to check each time the same type of documents in the purchase of real estate lending in the same cottage settlement. `It is enough one of the primary checking with the approval of loans for the purchase of housing in the village '- he said. `Cooperation banks with developers in the area of credit for purchase of apartments now thriving, so we can expect that over time it will move into the market and suburban real estate. It is obvious benefit for all parties involved. Thus, the client receives a high level of service and streamlined procedures for obtaining a loan, the bank - more customers, and developers stimulate demand for their homes', - says Dmitry Bulychev.

Bank mortgage program with the developer for the purchase of homes under construction in the settlements is a guarantee of delivery of the object and get a cottage in the property of the borrower.

`Appropriate mechanisms for joint operation of the bank and the company reduces the time of the loan, and accordingly, the risk that the bank approved the amount is not enough to buy a cottage ', - says Elena Shilin.

According to Lydia Herzen, Promsvyazbank cooperating with several construction companies, which are erected suburban cottage settlements. `The advantages that the company-builder already checked the bank and can easily sell houses in a newly built village. All companies with whom we cooperate, have a full package of necessary documents in accordance with federal law, 214 'on share participation in construction', which significantly reduces our risks and risks of buyers' - she said.

Special loan programs for purchase of low-rise townhouses in the village of `Dubrovka`, located in south-western district of Moscow region, five kilometers from the Moscow Ring Road in Kaluga road, offers International Moscow Bank. Developer village, a total area of 54 hectares, - the company `` Sardonyx. Most small town house in the settlement area of 210 sq. m can be purchased for $ 400 thousand, of course, there are also more expensive. The main advantage of this program lies in the fact that the borrower can buy a cottage in credit on standard conditions of purchase of apartments on the secondary market. Credit of up to 90% of the cost townhouse is available at a rate of 9,9% per annum in foreign exchange loan. `In the very near future we intend to offer customers new and exciting projects for the purchase of suburban real estate ', - says Alexey Aksenov.

City Mortgage Bank has signed an agreement to implement programs in six cottage villages near Moscow. In joint ventures with developers of programs are offered special conditions for customers who purchase items in these villages. Rosbank together with `Open Investments' offer loans to buy houses in several villages, including the purchase of cottages in the village of` Pavlovo `, which is in the direction Novorizhskoe highway, 14 kilometers from the Moscow Ring Road. Also you can take a mortgage to purchase homes in the village of `Pestovo`, 22 km from Moscow in the Dmitrov direction. The settlement represents a single public complex, which includes shops, restaurants, sports complex with a fitness club, sauna and SPA. The territory of Pestovo `` a beach, walking ECOPARK, ponds and lakes. Naturally, in the villages of a similar level has a yacht club and golf course. `Besides, now we are negotiating with other construction companies for joint projects on the country real estate loans', - said Elena Shilin.

Sobinbank proposed a program of country houses in Country Club Istra ``. Money is available for buying homes on the secondary market and the construction phase. This program also applies only to land in the territory of this village.

For example, you can take credit for the purchase of a small two-storey wooden house, valued at approximately $ 165 thousand ($ 1,104 per square. M) for 10 years. Saving money for an initial fee does not need to - the bank gives out a full valuation of the object. Interest in this case will depend on the degree of completion of construction works on site. During construction, the rate will be higher - 16% per annum in foreign currency, after its completion - 14%. Thus, in order to acquire this object to bank the money, you need to document their monthly income of $ 4700. And after receiving the bank loan to pay about $ 2500 a month. Plus an additional annual insurance premiums, which are calculated from the amount of residual debt on the loan. Tentatively it 1-1,5% per year, which amounts to $ 1600-2400, subject to an annual reduction of this amount.