The amount of insured mortgage funds will increase in 2025

The authorities are preparing to raise the amount of insurance of mortgage funds in escrow accounts for the purchase of housing from the current 10 million to 20 million, Izvestia has learned. The corresponding bill may be introduced in the State Duma in the near future - in the fall session, Anatoly Aksakov, head of the State Duma committee on financial market, told "Izvestia".

Parts and property: installment homebuyers can lose both their homes and their money

This method of purchasing real estate will not fall under the special regulation of installment payment services, "Izvestia" found out

"There are already variants of the bill, but the text is still being prepared for introduction. There is not much left to work on," - said Anatoly Aksakov.

The deputy emphasized that the changes will be able to come into force soon after consideration, but already in 2025.

The DIA informed Izvestia that the amount of compensation for escrow accounts is planned to be tripled to 30 million rubles at once. They noted that the current limit of 10 million often does not cover the cost of housing due to rising real estate prices. New buildings rose in price by a third over the year, their prices have reached an average of Br171 thousand per square meter in Russia, according to the data of the Central Bank for the second quarter of 2024. In the Central Federal District the price is 37% higher than the national average, and in Moscow - more than twice as much.

An escrow account is necessary for safe settlements when buying housing. The client's money is frozen until the object is commissioned - only after that the developer receives it. Such a system was introduced in 2019 to solve the problem of cheated shareholders.

Read more in the exclusive material "Izvestia":

Change guarantees: the amount of insured mortgage funds will increase in 2025