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In Turkey, registration requests for “My New Home” campaign will start tomorrow

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In Turkey, registration requests for “My New Home” campaign will start tomorrow

Requests within the framework of the "Yeni Oyim Housing Financing Program" announced by Nouruddin Nabati, Minister of Treasury and Finance, and Murat Korem, Minister of Environment, Urban Development and Climate Change, will begin tomorrow.

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According to the information collected by the AA reporter, this campaign aims to make it possible for middle-income citizens to buy their first home in 81 provinces with a maturity structure much more favorable than the market conditions.

new home

With a financing model that offers ease of payment for the first 3 years with government support and payment opportunities that match household income during the loan period, it is intended that all 100,000 households will benefit from it. First hand new houses in the first place.
This campaign offers maturity difference from 0.69%, 15-year maturity, 10% down payment, installment rate not exceeding 30% of household income and ease of payment for the first 3 years.

With the discussed financing model, people can have houses in 81 provinces that have been completed and are in progress at a certain rate, and new projects that have signed a guarantee contract with banks.

Spouses who want to benefit from this program must not own a house above them and have not sold a house in the last year. The purchased house will not be sold for 5 years, the new house will be a condition of one year residence.

Any citizen of the Republic of Turkey over the age of 18 who is recognized by the banks to receive a loan can benefit from this campaign.

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