We use cookies to make your browsing experience better. Agree and share a cookie with us!
Today, Luminor approved the first mortgage loan under the extended Altum programme helping young specialists to buy their first housing. The loan was granted to the young specialist Kristaps Jēkabsons who had not managed to save for the first instalment to buy his own housing so far.
“I am young and ambitious, and that’s why until now I invested more in myself and the first instalment for buying my own housing was a problem. Thanks to the new programme being opened today, I got my opportunity — Luminor’s approved a mortgage loan for me as a young specialist. I hope that I will be able to start living in my first housing already in the nearest month,” says the beneficiary of Luminor mortgage loan, the young specialist Kristaps Jēkabsons.
“Statistics show that 54 % of our customers who have been granted mortgage loans over the last two years, are under 35, moreover, 80 % of them hold a higher education degree or vocational qualifications, but 47 % of customers of this age have no children,” points out Normunds Rudzītis, Head of Retail Banking at Luminor:
“Saving 15 %-20 % of the property value for the first instalment may take a long time. For this reason, the new programme is very suitable for young specialists — couples with no children and young people who are single, well educated and with sufficient income,” reminds Normunds Rudzītis.
Inese Zīle, Altum Board Member: “Considering the high level of interest from people and after having consulted with commercial banks, we expect that these guarantees will be quite demanded by young specialists, and in the nearest 3 years we will support more than 300 young specialists. At the same time, we are also ready to support a considerably larger number of young specialists. The programme scheme is extremely convenient for beneficiaries since government support can be obtained within a few days through one’s own bank.”
The programme is open as of 1st March. It is particularly suitable for young specialists who had not been able to save for the first instalment to buy their own housing so far.
For media contacts: Lita Juberte-Krumina