News

Accrued interest

The interest applied as a penalisation when the debtor does not comply with repayment obligations. The amount must be established in the contract.

Active supermortgage

This allows the client to choose their loan's benchmark index (MIBOR at three months, six months or a year) so that payment can benefit from lower interest rates sooner.

Adaptable instalment

Characteristic of UCI superloans that allow the borrower to not pay one instalment a year for the first three years if there are problems due to holidays, extraordinary expenses, etc.

Advanced cancellation fee

A commission arising from the financial risk involved in the advanced cancellation of an operation. The applied commission compensates the financial institution for its financial losses.

AEDE

Direct state aid for paying the deposit on a property.

Affordable housing

Group of social housing or dwellings from social renovation projects that are sold or rented at below-market prices.

Affordable rent

The cost of renting these dwellings is below market prices after being included in operations concerning the rented flat pool, social renovation or social housing promotions.

Amortisation

Payment made to repay a loan.

Amortisation period

The duration of the loan. The contract establishes the date of the first and last payments. The longer the period, the lower the payments are, but the higher the interest. You therefore pay more in the end. The monthly instalment should not exceed 35% of your net income.

API

Estate agent. A qualified professional who acts as an intermediary between the two interested parties to facilitate the signing of a real estate contract, which can be a rental agreement, a sales agreement or another similar contract. They usually charge a percentage of the sales price as compensation or commission.

Applicant

A citizen who makes a registration application to the Barcelona Social Housing Applicants Registry, and who represents the other members of the dwelling unit included in the application.

APR

Annual Equivalent Rate. Effective annual cost of the mortgage in terms of interest, commissions and the repayment period. To compare loans, it is not enough to just look at the lowest APR, you also have to compare the conditions, the repayment period and the distribution of instalment payments.

Arbitri municipal de plusvàlua

Former denomination of the capital gains tax on landed property.

Assessment

The value of a dwelling certified by a specialised assessment company, in accordance with the mortgage market law. This certificate not only indicates the real value of the property, it also serves as a reference for obtaining the necessary financing.

Authorisation

Document in which the owner authorises the tenant to carry out building work in the dwelling's interior.

Share this content

Housing

Housing Glossary

Accrued interest

Active supermortgage

Adaptable instalment

Advanced cancellation fee

AEDE

Affordable housing

Affordable rent

Amortisation

Amortisation period

API

Applicant

APR

Arbitri municipal de plusvàlua

Assessment

Authorisation

IMHAB housing policies against speculation are named a finalist project of the European Responsible Housing Awards

Housing renovation subsidies announced

The Barcelona City Council aims to mobilise 10,052 vacant homes in the city and allocate them for affordable rent

Green light to use fifteen sites to build over 1,000 flats

The construction of a new development with 46 affordable flats for young people promoted by the IMHAB in the old Fabra i Coats, coming to an end

"In Barcelona, only 1.52% of homes are vacant"

"We are fighting to achieve changes in rent and to bring Barcelona closer to the models of Vienna or Berlin"

"We must build from a basis of public-private collaboration"

"Evictions are an act of structural violence directed at very vulnerable people"

"With intergenerational housing, everyone wins"

"Administrations need to incentivise flat owners in order to increase affordable housing"

The FHAR welcomes the presentation of diverse projects for the creation and renovation of public housing

Finalists presented in the BCN-NYC Affordable Housing Challenge

"We are in a new cycle of dispossession in which tenants are expelled to hand housing and cities over to vulture funds"

Share this content