KPR Lethargic the last two months, not necessarily because DP Up

Jakarta -although the data indicate the filing of Mortgages (MORTGAGES) dropped in the last two months, as a result of the new rules have not been proved down payment (DP) or Loan to Value (LTV) is 30%.

Decrease in filings KPR period of July and August 2012 annual cycle caused more related to school holidays and Fasting and Lebaran preparation.

"Yesterday's declines occur because of Lebaran cycle only. Rules can not say affect LTV (KPR demand), "said VP of Consumer and Retail Landing PT Bank Negara Indonesia Tbk, Nugroho Indrastomo to detikFinance, Friday (24/8/2012).

Influence home sales due to new note more LTV, factual in the period September 2012. Data in the month of September until the end of the year, will show a correlation with Bank Indonesia's policy.

"July is down, August may be lower due to the allocation of funds is not any more to it (the House). We saw in September, "he asserted.

Earlier, BI said LTV policy for conventional MORTGAGES bank for home ownership will not hinder business property.

Director of Directorate of economic research Monetary policy and BI, Perry Warjiyo speak, banks have stricter financing rules than in the financing institutions, so that with the restrictions that will be arrange down payment financing business becoming more awake.

(wep/ang)