A 3 per cent mortgage and larger homes: what’s changing in ‘eOselya’ for veterans

Stanislav Sereda
Stanislav Sereda Journalist
A 3 per cent mortgage and larger homes: what’s changing in ‘eOselya’ for veterans
The ‘eOselya’ State Programme
The Cabinet of Ministers has expanded the terms of the ‘eOselya’ state programme for war veterans and the families of fallen defenders. From now on, they will be able to take out a mortgage at 3 per cent per annum, and the state will subsidise part of the interest rate for the entire duration of the loan.

This was announced by the Prime Minister of Ukraine, Yulia Svyrydenko.

Under the new rules, the state will cover the difference up to 3 per cent per annum for the first 10 years of the loan, and up to 6 per cent from the 11th year onwards.

The changes will come into force in a month’s time.

In addition, the government has updated the size limits for housing that can be purchased under the ‘eOselya’ programme.

The following limits have been set for flats:

  • 52.5 sq m – for a single person;
  • 73.5 sq m – for a family of two or three people;
  • an additional 21 sq m for each subsequent family member, starting from the fourth;
  • maximum area – 115.5 sq m.

For private houses, the standards are as follows:

  • 62.5 sq m – for one person;
  • 83.5 square metres – for a family of two or three people;
  • an additional 21 square metres for each subsequent family member;
  • maximum area – 125.5 sq m.

“We will continue to improve the terms of the schemes for our defenders, veterans and their families,” said Svyrydenko.

As a reminder, it was previously reported that Ukrainian Railways and Oschadbank had launched a preferential mortgage scheme for railway workers with IDP status.

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