Sviaz-Bank to Begin Issuing Mortgages in Primary Market in Voronezh
OREANDA-NEWS. October 17, 2014. The Voronezh branch of Sviaz-Bank (Vnesheconombank Group) offers mortgages to sell to its customers in the primary market. The Botanical Garden residential complex has become the first project under construction to be accredited by the Bank’s local branch under its New Home mortgage program.
The Botanical Garden residential complex is being put up by the Vybor LLC. The residential complex owes its name to the unique nature conservation area of Voronezh Region where it is located. The project is uncommon for yet another reason – its large-scale landscaping of the territory around the houses that will be built up with playgrounds, sports grounds, parking areas, recreational areas, and a fountain.
Sviaz-Bank’s New Home program is designed to make housing available for purchase in new residential projects in any region across Russia. Sviaz-Bank runs customized programs offering additional discounts to the annual interest rates.
Housing can be purchased under the New Home program in any of the 53 region of the Bank’s presence. Sviaz-Bank does not put a moratorium on early repayment of loans and does not charge any additional commissions.
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