Tanca Tanca

Housing Glossary

You will find information here on all topics relating to housing in Barcelona

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

Close glossary

Housing offices only offer face-to-face assistance by prior appointment, so check out the “Housing calls you” service here to receive the most appropriate personalised assistance. If you also need assistance in energy rights, book an appointment with an energy-advice point (PAE) by clicking here. On the other hand, if you reside in an IMHAB public dwelling you can consult our contact, management and processing channels here.​

Interior de La Borda
14/04/2021 - 09:40

Last days to visit the exhibition ‘Living differently. The experience of La Borda and the new cooperatives ’

Housing. The College of Architects of Catalonia is hosting this exhibition until 15 April

12/04/2021 - 14:33

A boost for housing and economic activity in Sant Andreu with the transformation of the old Mercedes factory

Urban planning. The proposal includes the creation of 1,450 flats, the protection of industrial heritage and the opening up of the...

solar antic teatre Talia
10/04/2021 - 10:21

Former Teatre Talia site to be transformed into housing and facilities

Urban planning. The first steps have been taken to acquire the site for municipal use.

30/03/2021 - 14:30

Tendering for the construction of public housing in Glòries gets under way

Housing. The development will consist of a set of four blocks, with 238 homes.

29/03/2021 - 18:11

Agreement to eradicate energy poverty

City Council. The accumulated debts of thousands of vulnerable families get written off and an agreement is reached to guarantee...

Habitatge, Habitatge públic, Dret a l'habitatge, Barcelona
25/03/2021 - 19:44

Barcelona halts 9 of every 10 evictions in the city

Housing. The moratorium on evictions passed by the State has made it possible to suspend 80% before the planned date, preventing...

10/03/2021 - 16:50

A new app to monitor the property market in the city

Housing. The tool allows users to check data on sales, prices and locations.

05/03/2021 - 18:57

“The common spaces inspire us to be active in the community and not to isolate ourselves”

Housing. Awardees and neighbours visit the new housing development with services for senior citizens in Carrer Alí Bei

25/02/2021 - 16:08

First step in the urban renewal of Besòs i el Maresme

Housing. The campaign starts with an analysis of the state of housing.

18/02/2021 - 16:19

Three buildings in Horta acquired to avoid 45 families being forced out

Housing. The three buildings located in C/ Doctor Letamendi and C/ Mont-ral, in the Horta neighbourhood, have been acquired by...

Share this content