How to get maternity capital for construction?

Maternity capital is an additional measure of state support for families with 2 or more children. The right to receive it has families in which the second (or subsequent) baby has appeared since the beginning of 2007.

What should I spend my maternity capital on?

• To improve the living conditions of the family (buying, building a house, paying loans taken for the purchase of housing, including mortgage, etc.).
• On payment of training of children in territory of the Russian Federation.
• To increase the retirement account of my mother.

Maternity capital for construction is one of the most popular and popular ways of using state support. According to statistics, every second family who decides to dispose of the means of parental capital, directs them to improve living conditions.

How to get the maternity capital to build a house?

According to the laws of the Russian Federation, in order to take advantage of the means of state support, the holder (in the absence of the mother - the person substituting her) must visit the Pension Fund and file an application for the resolution of the capital order. In addition, it is necessary to produce documents that confirm that the applicant (or his spouse) is the owner of the plot of land, as well as permission to start construction of housing. But it is worth considering that once all the money will not be allocated. Their volume will be no more than half of the total. The rest will be issued only after six months and only if documents are provided that will confirm the construction work. They are issued by the same government agencies that issued a building permit.

It should be taken into account that the possibility of spending maternity capital does not extend to repairing premises. The word "construction" refers to the erection of a new house or the reconstruction of an old one. Also, the funds of maternity capital are allocated, when they are necessary for the transfer of non-residential premises into housing.

In addition, it is necessary to provide:

• Certificate of pension insurance of the person to whom the certificate is issued;
• Passport of the person who received the certificate;
• The certificate itself for the parental capital (or a duplicate).

The maternity capital for construction provides for the registration of the erecting dwelling in common ownership for both parents and for all children, regardless of the child for whom the certificate was received. At the same time, a family member who has reached the age of 18 can at any time give up a share by rewriting it to any other member of the family. For a child, such a refusal can not be written, even if you are his parent or guardian.

The maternity capital for construction, or rather its means, can be spent only after the child (for which it was received) will reach the age of 3 years. This restriction is withdrawn if these finances are sent to repay debts under a loan that was taken for the reconstruction, construction or purchase of a house.

If the maternity capital is spent not all, then its balance will be indexed in accordance with the growing inflation. In the future, it can be used for other purposes (education, accumulation of a mother's pension).