The expert told Lipchan why in December the demand for mortgages is growing

In December, the demand for mortgages grows due to annual premiums, discounts developers and the desire of buyers to solve the housing issue before the New Year. This is reported by 56orb.ru with reference to real estate expert Evgeny Trifonov. Its recommendations are also relevant for residents of the Lipetsk region.

At the end of the year, the number of applications to banks increases by 25-40%, so the approval of the loan can take up to two weeks, and the execution of the transaction is almost a month. Additional delays are associated with the New Year holidays.

The expert advises to submit documents in the first half of December and do not rush to buy for discounts. Mortgage approval is usually valid from four to six months, so you can safely choose an apartment after the holidays.