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.

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Details of the aid

Status: AVAILABLE

Recipients: Individuals who were already beneficiaries as of the fiscal year 2023, by Order MAH/402/2009, of August 5, who on 12/31/2012 were 65 years of age or older, with a favorable resolution granted in 2010.   

Family income limit: 2.35 times the IRSC

Administration granting the subsidy: Catalonia Housing Agency

Aid for the payment of rent

The Housing Agency of Catalonia grants these subsidies to people who were already beneficiaries in 2023, in accordance with Order MAH/402/2009, of August 5, who on 31/12/2012 were 65 years of age or older, with a favorable resolution granted in 2010. The aid in question consists of a maximum amount of €240 per month and a minimum of €20 per month.

This aid is intended for all persons residing in the city of Barcelona, at risk of social exclusion according to Article 2.5 of the bases, and who are holders of a rental contract for the dwelling where they reside on a regular and permanent basis and who can prove that the income of the cohabitation unit does not exceed those set out in the corresponding call for benefits.

Do you want to know how to apply?

In these drop-downs you can find the requirements and the steps to follow to apply for this aid. Preferably, you can apply through the website of the Generalitat de Catalunya or, if necessary, in person at the local housing offices or at the exchanges that are part of the Mediation Network for Social Renting or at the headquarters of the entity that owns or manages the housing, in the case of owners of housing managed by public administrations or companies, as well as at the Housing Agency of Catalonia.

Recipients

Requirements

Documentation

Amount and application period

Incompatibilities

Other informations

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