General Assessment

Variable(2018)
Data
Main constraints in the development of the housing finance sector  
New developments that will have a major impact on the sector 
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Notes:
Notes:
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD275,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD275,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD300,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD300,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD300,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD325,000)
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with market rate rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: % of households with reduced rent
Notes: 15% flat tax rate is imposed on gross rental income
Notes: 15% flat tax rate is imposed on gross rental income
Notes: 15% flat tax rate is imposed on gross rental income
Notes: 15% tax imposed on gross rental income
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: 2010=100
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a housing mortgage provider in 1998. Its insurance license was revoked on January 28, 2016.
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Busto paskolu draudimas was established by the Gov of Lithuania as a mortgage insurance provider in 1998
Notes: Capital gains are subject to a 15% flat tax. However, real property owned for at least three years are tax exempt
Notes: Capital gains are subject to a 15% flat tax. However, real property owned for at least three years are tax exempt
Notes: Capital gains are subject to a 15% flat tax. However, real property owned for at least three years are tax exempt
Notes: Capital gains are subject to a 15% flat tax. However, real property owned for at least three years are tax exempt
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: Creditor must disclose agreed fee
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: DTSI cap of 40% with some exceptions up to 60%
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Estimate
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land.
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD250,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD250,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD250,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD260,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD270,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD290,000)
Notes: Land tax varies from 0.01-4% of market value of land. Progressive real estate tax from 0.5-2% only applies to property values over EUR220,000 (~USD290,000)
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuanian Central Credit Union lends to its member credit unions for mortgage origination
Notes: Lithuania's system for registering a property/title is among the most efficient in the world. The system is fully computerized
Notes: Lithuania's system for registering a property/title is among the most efficient in the world. The system is fully computerized
Notes: Lithuania's system for registering a property/title is among the most efficient in the world. The system is fully computerized
Notes: Lithuania's system for registering a property/title is among the most efficient in the world. The system is fully computerized
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: LTV cap at 85%
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: Max tenure of 30 years
Notes: new regulation introduced in 2015 that shortened the maximum term by 10 years
Notes: Nordea and DNB merged to form Luminor
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Property sale tax of 21% only on new buildings
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Right to early repayment, withdrawal, and information
Notes: Rounded average LTV ratio for new mortgages
Notes: Rounded average LTV ratio for new mortgages
Notes: Rounded average LTV ratio for new mortgages
Notes: Rounded average LTV ratio for new mortgages
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: Subsidy of 10-20% of housing loan amount is offered by the government to individuals or families under certain income and asset requirements. It can be used to subsidize loan payment or to subsidize the down payment.
Notes: The sole state-owned insurer had its license revoked on January 28, 2016
Notes: up to 60 with special interest rates
Notes: up to 60 with special interest rates
Notes: up to 60 with special interest rates
Notes: up to 60 with special interest rates