The average government subsidy borrower is an unmarried man. In the largest agglomerations, applications from singles accounted for 74%. all applications. On the other hand, the smaller the town, the lower the percentage of singles among the applicants. This is interesting, because in regular loans, single people account for approximately 40 percent. applicants, practically regardless of the size of the town. What else do we learn about the program beneficiaries?
Banks and potential borrowers are eagerly awaiting the government’s decision on the future of the “Safe 2% Credit” program. Although the new Minister of Development and Technology declares that he wants the program to be continued – although he does not rule out changes to it, banks nevertheless assume a scenario in which there will be no continuation and suspend the acceptance of applications (BOŚ) or remind intermediaries that their clients must submit the application within a specified period. complete application, otherwise there is no guarantee that they will qualify for the subsidies (PKO BP).
After “Safe 2% loan”. men and singles went
The second bank also analyzed 38,000. applications that were received from July to October this year, i.e. in the first four months of the “First Apartment” program, and on this basis he created a profile of a typical beneficiary of government subsidies.
– We looked at who the borrowers are, how old they are, where they live, and their income. Whether they are single or buying a property as a couple. What is their current housing status and what kind of apartment can they afford with the support of BK 2 percent? – write PKO BP analysts.
The average applicant is a man and a single person – there were three times as many single people as in the case of other housing loans. In the largest agglomerations, applications from singles accounted for 74%. all applications. On the other hand, the smaller the town, the lower the percentage of singles among the applicants. In regular loans, singles account for approximately 40 percent. applicants, practically regardless of the size of the town.
What kind of apartments are purchased with “Safe Loan”?
The analysis also shows that singles mainly bought apartments on the primary market. Married couples were interested in houses.
– We observe a clear differentiation in the type of real estate sought by singles and couples. People applying for a BK loan 2%. they almost exclusively buy apartments on their own. (…) Among couples, there is less interest in apartments in favor of single-family houses. It turns out that an important reason is the number of dependents. You can see the effect of the fact that BK 2%. is focused on purchases for personal use. In the case of other loans, statistics are influenced by a certain share of apartments purchased as an investment, the characteristics of which are completely independent of the size of the household – write PKO BP analysts.
The median area of an apartment purchased by singles on the primary market in Warsaw is 44 sq m, while in housing loans without subsidies it is 52 sq m. In Gdańsk it is 48 and 55 sq m, respectively. In Krakow 48 to 52 sq m. In Poznań 50 to 51, in Wrocław 51 to 53, and in Łódź 54 to 62 sq m.
In as many as two thirds of the applications, the reported monthly net income per person was between PLN 4,000 and PLN 8,000. zloty. It is income that is responsible for the fact that the maximum increase in the availability of apartments in the largest cities in the analyzed period occurred in Warsaw, and the smallest in Łódź.