“The National Bank of Ukraine announced a change in the approach to the implementation of the “eOselya” program, which supports mortgage lending to citizens. The new mechanism is planned to be introduced at the beginning of 2026. This is evidenced by the NBU report. Main changes in the program: The current model with loans at 3% for privileged categories and 7% for others is preserved only for certain privileged groups and new housing”, — write on: ua.news
The National Bank of Ukraine announced a change in the approach to the implementation of the “eOselya” program, which supports mortgage lending to citizens. The new mechanism is planned to be introduced at the beginning of 2026.
This is evidenced by the report NBU
The main changes in the program:
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The current model with loans at 3% for privileged categories and 7% for others is maintained only for certain privileged groups and new housing up to 3 years old.
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For other borrowers, banks will issue loans with their own funds, and “Ukrfinzhitlo” will pay an increased commission and buy out mortgage portfolios after three years.
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A compensation model is being introduced for IDPs, veterans and the purchase of housing older than three years: the rate is 7–10%, the loans remain on the banks’ balance sheets, and compensation is paid by “Ukrfinzhitlo”.
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The maximum parameters of the housing area are reduced: for two people – up to 52.5 square meters. m for apartments and 62.5 square meters. m for houses, with an additional 21 square meters. m for each subsequent family member.
The NBU emphasizes that the updated format will allow lending to more citizens without additional budget costs and will stimulate the development of mortgages according to market rules. Negotiations on financing the new model are ongoing with international donors.
We will remind you, Ukraine is experiencing an unprecedented housing shortage, which has reached the largest scale in the entire history of the country. By assessments state company Ukrfinzhitlo, the total need for living space is a whopping 600 million square meters. Despite the significant contribution of the state program eOselya, which covers 98% of loan programs for the purchase of housing in Ukraine, its capabilities are not enough to overcome the current crisis.
State program “eOsel” dominates on the market and does not leave room for the development of market mortgages.
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