Mortgage Fund`s another statement on rent apartments under sale: process to start soon


January 24, Fineko/abc.az. The Mortgage & Credit Guarantee Fund has made a statement about the sale of apartments to be rented.

ABC.AZ reports with reference to the MCGF that currently the Electronic Mortgage & Credit Guarantee System is fully operating.

Further real-time operations between the MCGF and authorized organizations are ensured fully. The mechanism of accepting applications for apartments to be rented and sold later will be launched as soon as possible.

The Fund's statement stresses that the mass number of application on the occasion on 22 January led to freeze and delays in the system's operation. The technical problems appeared in the process of application receipt related not only to the functioning of the system as a whole, but also with the new module provided for use to citizens. In this regard, the acceptance of applications from citizens in view of ensuring the principle of a fair queue and equal opportunities has been halted temporarily.