That percentage could rise to 25% if the home has a D energy rating, as explained by the minister for the sector, Raquel Sánchez, at the press conference after the council of ministers.
The Council of Ministers of the Spanish Government has given the green light to create a line of ICO guarantees that covers up to twenty % of mortgage credit for families with dependent minors and young people up to 35 years of age, and to finance the development of some 43,000 affordable public rental homes with 4 billion euros from European funds.
The Minister for Transport, Mobility and the Urban Agenda, Raquel Sánchez, has stated that it is aimed at “young people and families with the desire and willingness to buy a home, who have solvency and financial capacity to do so, but who do not have the necessary savings to pay the entry requested by the bank”.
With the new line, it will be the ICO that will guarantee that part that the banks ask for, which is 20%, although it is can reach 25% If the home has an energy rating D.
These endorsements No will have cost for the beneficiaries and may be requested until December 31, 2025, extendable for two more years.
Applicants must have an income of less than 4.5 times the Iprem and double, if it is a couple.
In the event that they have dependent minors, each child will increase by 0.3% and 70% plus the income limit in single-parent families.
Likewise, the go-ahead was given this Tuesday to the plan to promote another 20,000 homes in Ministry of Defense land through the Public Land Business Entity, Sepes.
Sánchez explained at a press conference that the estimated value of this “very ambitious” operation is €620 million and has stressed that it is intended to “mobilize all the available land of Defense to form the public park” of housing.
Source: Eitb
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