Safe charter aspiration '1,599:1'...Worrying about the growing warranty!

[Anchor]
Wouldn't it be great for tenants if there is no fear of taking out the deposit and there is a lease that is cheaper than the surrounding market price?

In fact, the application rate for reliable lease on a deposit basis has recently been all-time high, and most general lease on a deposit basis is also growing anxiety among tenants due to concerns that the guarantee system will weaken.

I'm reporter Kim Ki-bong.

[Reporter]
A villa with an exclusive area of 59㎡ in Gwangjin-gu, Seoul.

It is a 'sale conversion type reliable lease' recently recruited by LH, and the competition rate for applications was 1,599 to 1.

Another reliable lease house in Songpa-gu also attracted 1,353 applicants.

This is because it has the advantage of living at a low price of 90% of the surrounding market price and selling it six years later at a low price of the average appraised price six years ago and the current appraised price.

[Lee Yeon-jin/LH's Deputy Director of Purchase and Lease: It seems that there was a lot of interest because it is a purchase and rental house where you can live in a stable manner for a long time and receive an opportunity to buy your own house after 6 years of renting]

The demand for safe and affordable charter is this hot. However, the realistic conditions are not, and there are growing concerns that it will be difficult to get a deposit guarantee.

Housing & Urban Guarantee Corporation, HUG's amount of lease deposit paid off instead has snowballed recently:

The subrogation amount, which was 500 billion won in 2021, exceeded 900 billion won in 22 years and surged to 3.5 trillion won last year, and is expected to grow in size this year.

As a solution to this situation, HUG said in the last parliamentary audit that it would consider lowering the mortgage recognition rate, which is less than 90% of the current house price, to 80%,
We have calculated that this is the case for a real estate agent in
and found that more than 69% of the nationwide villa lease contracts signed last year are not guaranteed.

[Jin Tae-in/Ziptos Team Leader: What would happen if the actual transaction price provided by the Ministry of Land, Infrastructure and Transport, and the 2024 data on apartment prices were applied with stronger requirements?] [We confirmed that about 69% of villas are not eligible to join, and that re-insure is not possible (results)]

As such concerns grow, HUG said it would not consider lowering the mortgage recognition rate to 80%, but it has no choice but to find a way to reduce the guarantee.

Experts diagnose that a longer grace period will reduce the impact of the market, but tenants' anxiety is still thick in the jeonse market.

I'm Kim Ki-bong of YTN.