The Russians have renewed the record on the size of the average mortgage

© RIA Novosti / Natalia to Seliverstova in fotobounce mortgage center. Archival photoThe Russians have renewed the record on the size of the average mortgage© RIA Novosti / Natalia to Seliverstova the image Bank

The Russians in the third quarter of 2018 has set a new record for the «average check» on the mortgage, which for the quarter increased 2.3% to 2.25 million rubles, follows from the research from the credit history Bureau «Equifax» at the disposal of RIA Novosti.

According to BCI, the average amount of mortgage contract in the third quarter of this year set a new record of 2.25 million rubles, which is higher than the second quarter by 2.3%.

At the same time, experts noted that the number of mortgage loans slightly decreased. «In the third quarter of 2018 stabilized the number of mortgage loans – 139 thousand against 142 thousand in the previous quarter,» — said in the study.

Total volume of issued mortgages in the first 9 months of 2018, almost on par with results last year: 850 billion and 853 billion rubles, respectively. For the third quarter was issued 312,5 billion rubles, which is more compared to the same period in 2017 by 1.5 times. As a result, mortgages now account for over 25% of the retail lending market in Russia, during the year the increase was 5 percentage points.

According to the BCI, the proportion of men and women among mortgage borrowers roughly comparable. In addition over half of mortgages given to people aged 27-36 years. Half of the borrowers when mortgages are additional loans from banks than from the Bank issuing the mortgage, and only 20% take a mortgage in the same Bank where they have existing loans. And for the 25% of borrowers mortgage is the first loan in life, the study says.

«We have seen an increase in the volume of issuance in monetary terms, virtually all types of banking products, and some of them fix regular quantitative and qualitative records. However, the strong growth in the number of new contracts is not observed, the volume increases primarily due to an increase in average check. This, in turn, suggests that banks carefully segmentyou incoming flow of requests and ready to provide reliable clients large sums», — commented the head of «Equifax» Oleg Lagutkin.