With state help, they bought a second larger home: where and what support is provided

The inclusion of Panevėžys and Utena in the list was due to the increase in the maximum regulatory value per square meter of housing established by the Registry Center for 2021. The financial incentive is already available in those regions where said indicator does not exceed 667.8 euros .

The list did not include the municipalities where property prices are much higher: Vilnius, Klaipėda, Neringa and Šiauliai.

According to the list of municipalities supported by the state, there are also cities where housing purchase support can be provided only in certain districts, such as Kaunas and Palanga. Only in some places with the support of the state it is possible to try to settle in the districts of Vilnius and Kaunas, the districts of Tauragė, Trakai, Druskininkai, the municipalities of Birštonas.

The lists of supported municipalities are updated annually.

Not all families are lucky enough to get a loan from a bank

According to the Ministry of Social Affairs, in 2021. 10 million were allocated from the state budget to provide a financial incentive. Eur, which should be enough for about a thousand. young families. Currently, more than 900 thousand. EUR. Last year, 1,200 young families benefited from this support.

According to the Ministry of Social Affairs, 453 requests from young families were satisfied in the first two months of this year. However, not all families whose applications are approved by the ministry are lucky enough to obtain a home loan from financial institutions.

“This is only the first stage, because young families have 4 months from the activation date of the certificate confirming the young family’s right to an economic incentive to buy a first home to sign a mortgage contract with the lender. Unfortunately, not all families whose applications we have satisfied are lucky enough to receive a home loan, ”says Aida Žemaitytė-Budnikienė, Chief Specialist of the Department of Communications of the Ministry of Social Affairs.

Until March 1st. Of the 453 young families who applied for and received certificates confirming their right to an economic incentive this year, 57 young families signed mortgage contracts.

“Young families can conclude a mortgage loan contract within 4 months from the day the certificate is activated at the credit institution, so it is likely that some of the beneficiaries still do so,” he adds.

According to currently submitted applications, most young families plan to buy their first home in Klaipėda District, Vilnius District, Kaunas District, Panevėžys City. and the city of Alytus. municipalities.

The state subsidy for families starting in the regions can range from 15 to 30 percent. the value of the home purchased. The more children there are in a young family, the more important financial assistance will be.

Regarding the number of children raised in a family, young families raising a child (almost 50%) applied for the financial incentive.

It is true that the financial incentive under the Law on Financial Incentives for Young Families Acquiring the First Home can be provided in the regions, as well as those young families who have or have had too little housing to meet family needs or are have exhausted. For example, if the useful area of ​​a home per person does not exceed 14 square meters or if the home depreciates more than 60 percent.

A large family bought a larger home with support.

Kristina’s family, who bought a larger house in the Kaunas district, also met this criteria. The family with three children lived 65 square meters last year. m in an apartment in Kaunas. It was extremely tight for a large family to live in an apartment of this size, so they began to think about state support for larger homes and applied for it in October of last year.

According to the current procedure, a family in which both spouses, a registered partner or a single father or mother with a child, not older than 36 years, and the home sought in the region are eligible for such support.

At the date of the application, Kristina’s husband was already 35 years old and the woman herself had reached the same age in a couple of months. The Kaunas district family, Neveronys, bought it in 1981. Construction of 260 square meters. m house and 11 a plot with outbuildings.

When raising three or more children, the state allocates 30 percent. mortgage credit. True, it is worth noting that the amount of the home loan taken for the purchase of the first house is not limited, but the amount used to calculate the subsidy for a young family cannot exceed 87 thousand. EUR.

“We sold our apartment, gave the bank the balance of the loan and invested what was left in the new home. 118 thousand asked for the house. Eur, we paid 31 thousand with our own funds. EUR, and we take out loans for 87 thousand. Eur to get the maximum grant. We are waiting for the support of 26 thousand. Eur, it has not yet been transferred to the bank account, because the process takes about 4 months, ”says the woman.

He also adds that the family was very lucky as they lost a long wait in line.

“It was a queue, but additional funds were received, and one day we were in 87th place, and the next day we already received the message that we would receive a grant.

We were lucky to organize the support very quickly: from submitting the request to confirming that we will receive the support, it took us around 3 weeks, ”says Kristina.

Residents of other cities are also moving to the regions

When in 2018. In September, the state began to distribute support to young families buying their first home in the regions, and in Panevėžys, settlers managed to enjoy that financial incentive only for a few months. Following the increase in property prices in the city, the municipality was removed from the list of supported areas. After reviewing this list at the beginning of the year, where young families can buy a home and receive a subsidy, Panevėžys was added again.

Among those who applied in Panevėžys, mostly young families raising 1 child each, about 80 percent. of all applicants. Their average age is about 30 to 33 years old. It is interesting that the young people of Panevėžys mainly seek to buy their first home here. Families waiting for an allowance are mainly looking for a 2-3 room apartment, writes “Sekundė”.

The city of Utena has also been included in the list of subsidized areas this year. This year, the District Municipality of Utena received 16 requests for economic incentives for young families who purchase their first home and issued 9 certificates on the right to economic incentives.

Young families under 36 with 1 or 2 children often request support. Families without children also apply, but a minority of them are 2-3 families. According to the municipality, 2 families who want to buy a larger home also applied.

According to Lolita Kaminskienė, representative of the Public Relations Administration of the Utena District Municipality, there are currently no people waiting in line for support.

“When there is money, a certificate of entitlement to a financial incentive can be issued very quickly after verifying all the documents that prove entitlement to a financial incentive. If you run out of money, you may have to wait a month or another for the financial incentive to be replenished, ”he says.

Although the number of people who want to use the support and move to live here in Panevėžys is growing, the number of residents of Utena is small. Two families applied to the Utena district municipality and declared their place of residence in the Vilnius and Kupiškis municipalities. Others are residents of the district municipality of Utena.

Support is available not only for young families and not only in the regions

It is true that support for the purchase of a first home or a larger home can benefit not only young families and not only regions. However, such populations must meet other criteria, including income.

“Housing acquisition support is provided, in accordance with the Housing Acquisition or Rental Support Act, to disadvantaged individuals and families (both young families and other target groups) seeking to acquire a home in any region of Lithuania “. informs the representative of the Ministry of Social Affairs.

The amount of mortgage loans partially repaid by the state can be 53 thousand. Eur for a person without a family and 87 thousand. Eur for a family of two or more people.

Municipalities also provide support

Individual Lithuanian municipalities also contribute to housing support. For example, in 2021, the District Municipality of Utena assigned 80 thousand LTL for the implementation of the description of the Procedure for Strengthening the Utena Family. EUR.

According to this description, young families must meet the following criteria to buy their first home:

• for at least 3 months, all family members must declare their place of residence in the Utena district;
• not be over 40 years old,
• Not having a registered home owned in their own name until the day of the application to the municipality of the first home.

The economic incentive of the district municipality of Utena may not exceed 50 thousand. euros for the purchase of a house and 87 thousand. euros when building a house. The maximum amount that can be used is 13,050 euros.

This year, 4 families benefited from the municipality’s economic incentive to buy their first home and one family requested an extension of the rent compensation until July 30. A total of 8707 Eur has been used, 540 Eur will be used for the rental.