The Government Will Advance the Entrance to Buy the First Housing with an Interest of 0%
6 Articles
6 Articles
The new program with which the government intends to finance 20% of the entrance of the houses at 0% and with 30 years of lack in exchange for bumping up forever the price of sale of the property threatens to leave without mortgages to the Spaniards. Again, the Housing Decree includes a measure ... Continue reading "The Housing Decree threatens the granting of mortgages by using public debt to lend 20% of the entrance"
The decree published in the BOE specifies that there will be no age limit to apply for it, although it conditions the fine print to a future regulation
The Ministry of Housing will set up a loan financing line to give access to a house called “Tu Casa”, which will “advance” these amounts with an interest rate of 0% to favor the signing of mortgages to those who do not have enough savings but good rents.
Article originally published in Brains Real Estate News - Real Estate and Housing News">Brains Real Estate News The decree published in the BOE does not set age limits and leaves requirements and deadlines in the hands of the Council of Ministers. Article originally published in Brains Real Estate News - Real Estate and Housing News">Brains Real Estate News
The draft housing decree incorporates new measures aimed at facilitating access to the first home of many citizens, especially for groups with greater economic difficulties. Among the proposals is an interest-free loan of up to 50,000 euros, an aid that would cover part of the cost of buying a home and facilitate access to a mortgage.
The Government proposes the creation of the TU CASA line, a new financing mechanism aimed at facilitating access to the first usual housing. According to the draft Royal Decree-Law that the Government takes this Tuesday to the Council of Ministers, "The TU CASA mechanism will be designed to offer loans to people who access their first habitual mortgaged housing, as a complement to the private financing that they can obtain."This initiative allow…
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