In February 2025, Ukrainian banks issued 516 mortgage loans totaling ₴926 million, which is a 7% increase compared to January. However, this is a third less than in the same period last year, according to data from the National Bank of Ukraine.
This is reported by Finway
The decrease in mortgage issuance was a result of changes implemented last autumn. These changes prohibited most categories of borrowers from obtaining loans for purchasing apartments in buildings older than three years. The Ministry of Economy noted that these requirements would contribute to the development of the construction industry.
“The redesign of the program is reflected in mortgage lending indicators: the volume of lending has decreased by a third year-on-year, primarily due to loans for purchasing housing in the secondary market. In contrast, the share of mortgages for ready housing from developers has increased to 38%, as well as for housing under construction to 13.6%,” explained the National Bank.