Housing Finance Policy

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    A. Legal and Regulatory Framework

    A.1 Legal and Regulatory Framework
    VariableEnd of 2017End of 2016End of 2015SourcesVar ID
    Basis of the legal system: Civil, Common, Islamic, Other? (Describe)CivilCivilCivilA.1.1
    Registration/Transfer of titles:A.1.3
    Does the law clearly define different types of property rights?YesYesYesA.1.3.1
    Typical number of days needed for the transfer of title16.516.516.5
    WDI
    		A.1.3.4
    Are there legal constraints on mortgage features?YesYesYes
    ECBC
    		A.1.6
    Loan-to-Value cap  YesA.1.6.2
    Is there specialized legislation covering:A.1.9
    Issuance of covered mortgage bonds YesYes
    EBRD
    		A.1.9.1
    B. Housing Finance Subsidies
    B.1 Subsidies to Housing Finance Institutions
    B.2 Subsidies to Households
    VariableEnd of 2017End of 2016End of 2015SourcesVar ID
    Are there subsidies to households on housing finance? YesYes
    OECD Economic Surveys: Slovak Republic 2014
    		B.2.1
    Interest rate subsidies by special government funds YesYes
    OECD Economic Surveys: Slovak Republic 2014
    		B.2.1.1
    Down-payment subsidies   Yes
    UNECE
    		B.2.1.3
    Subsidies to savings for mortgage loans YesYes
    OECD Economic Surveys: Slovak Republic 2014
    		B.2.1.4
    Other Yes 
    Hypostat 2017
    		B.2.1.6
    Reach of subsidies in 2.1.1 to 2.1.4 ?B.2.2
    C. Taxation
    VariableEnd of 2017End of 2016End of 2015SourcesVar ID
    What taxes apply to Residential Real Estate?C.1
    Tax on property (home-owners)  YesYesC.1.1
    Property transaction taxes (purchase/selling) YesYesC.1.2
    Tax on capital gains on property  YesYesC.1.5
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    Notes: State funds specialized for housing
    Notes:
    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: Bausparkassen (building socieities) had a share of 42%.
    Notes: Bausparkassen (building socieities) had a share of 42%.
    Notes: Bausparkassen (building socieities) had a share of 42%. 
    Notes: Capital gains are considered to be income and treated as such.
    Notes: Capital gains are considered to be income and treated as such.
    Notes: Capital gains are considered to be income and treated as such.
    Notes: Defined as "national average" LTV
    Notes: Defined as "national average" LTV
    Notes: Defined as "national average" LTV
    Notes: Defined as "national average" LTV
    Notes: LTV cap of 90% by the National Bank of Slovakia.
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code
    Notes: Property rights are covered in Act 40/1964 College of the Civil Code 
    Notes: State funds specialized for housing
    Notes: State funds specialized for housing
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development.
    Notes: State Housing Development Fund was established in 1995 to provide state support for housing development. 
    Notes: Subsidies cover up to 30% of construction costs, excluding land price, and soft loans have an annual interest rate of 1% with a repayment period of up to 30 years and with maximum 80% LTV.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: The Housing Savings Scheme is a special savings scheme for housing investment.
    Notes: There is a real property tax levied on the ownership and occupation of real property.
    Notes: There is a real property tax levied on the ownership and occupation of real property.
    Notes: There is a real property tax levied on the ownership and occupation of real property.
    Notes: There is a stamp duty tax on the transfer of real estate.
    Notes: There is a stamp duty tax on the transfer of real estate.
    Notes: There is a stamp duty tax on the transfer of real estate.