Maternity capital for the purchase of an apartment: highlights

Own apartment now is practically unattainable goal for many young families, but the maternity capital, which is paid by the state for the second or subsequent child born in the family, can be a good help in solving this issue.

Maternity capital for the purchase of an apartment is used only under certain conditions prescribed by law. The first and most important is that the issued certificate takes effect only after the child reaches the age of three. The measure in this case is forced and understandable. The fact is that with the adoption of the child parents are also entitled to this payment, and in fact some unscrupulous citizens can take advantage of the situation and improve their financial situation at the expense of an innocent child. Maternity capital for the purchase of an apartment can be used until the moment the child is three years old, only in certain cases. Let's take a closer look at this issue.

Use the certificate can be almost immediately after the birth of the child in the following cases:

- payment of the initial (main) contribution for mortgages or targeted lending;

- payment of interest and principal debt on a home loan or a mortgage already in force at the time of the birth of the child.

Naturally, no one will ever give you this money in cash. Maternity capital, for the purchase of an apartment used, will be transferred to repay the debt at the request of parents by a non-cash way. And if the amount of the principal debt does not exceed the amount of capital, then the remaining funds can be used only after the moment when the child turns three years old.

Maternity capital (for an apartment, or rather, to purchase an apartment that you want to spend) can be obtained in one of the following ways:

- If you already have some cash and are not enough, then by writing an application and providing the necessary documents to the PF of the RF, you can get the required amount in cash to buy an apartment for money;

- to take a mortgage, and to pay an initial payment by means of the received certificate;

- The maternity capital for the purchase of an apartment can also be used in case of participation in shared construction, in this case making the entire amount or part of it as an entrance fee;

- equity participation is also not excluded, therefore the certificate can be used and in the described case.

Maternity capital, used to purchase a house, also provides for certain conditions, the observance of which is prescribed by law. As an improvement in the social conditions of the family, the certificate can be used to pay for buying a country house or a house in the village, but it is important that the house is recognized as residential, that is, it is assumed that there is not a summer house or a garden house, but one in which one can live permanently . One more condition: the property right should be divided among all available members of a family, let not on equal shares, but on everyone.

Recall that in 2013, the amount of parent capital was 408,960 rubles, and by early 2014 it will reach about 430 thousand rubles. Next year, the legislation can be amended on the points of use of the certificate. So, it is planned to allow using it for the treatment of the child, for the education of parents, and it is also planned to expand the list of items on which the certificate for the purchase of housing is used.