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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.​

Registration is open for the International Social Housing Festival 2023 in Barcelona

22/02/2023 - 12:36

Housing. The fourth edition of this international event, which is expected to bring together more than 1,500 social and affordable housing providers and industry professionals, will take place from June 7 to 9 in Barcelona.

From Tuesday, February 21, registrations are open for the International Social Housing Festival (ISHF), the most important international congress on social housing in Europe, which this year will take place in the city of Barcelona between 7 and 9 June. A highly anticipated event that will be possible thanks to the involvement and co-organization of the Barcelona City Council and Housing Europe, the European Federation of Public, Cooperative, and Social Housing.

After the experiences lived in Amsterdam 2017, Lyon 2019 and Helsinki 2021, the event will celebrate its fourth edition in the Catalan capital, and is expected to concentrate more than 1,500 attendees from around the world in the Palau de Congressos de Barcelona.

The members and partners of Housing Europe, present in 25 countries, represent 25 million homes, that is, 11% of the housing stock of the European Union. A meeting point where to generate synergies and build international partnerships in areas such as social innovation, financing, design, and evaluation of public policies. Attendees will include social and affordable housing providers, policymakers, urban planners, architects, activists, researchers, and other organizations dedicated to decent and affordable housing around the world.

Although Barcelona has a housing system in a phase of development and consolidation, the ISHF next June seeks to highlight some of the innovations being implemented by the Barcelona City Council in terms of public housing, which may be of interest to cities and countries that have more robust models. To make this possible, this edition will reinforce the presence of institutions and entities from southern Europe and Latin America.

Among other issues that will be at the center of the debate will be the multiple challenges posed by the current economic and social scenario that affect and condition public housing policies, such as the renovation of the housing stock, the care and treatment of the elderly, the fight against discrimination and segregation, the access of young people to a home, and the expansion of tourist housing, among many other issues of interest. 

A panorama is full of obstacles in which Barcelona has become an example of reinvention and innovation. For example, the expansion of its public housing stock, which has gone from 7,500 homes in 2015 to more than 11,500 by 2023, as well as the various types of housing promoted by the city council, which help to cover housing emergencies more quickly and effectively.

In this way, Barcelona will repeat as the host of an international event of reference, after hosting last summer the European Network for Housing Research (ENHR), and more recently, last November, the Forum of Housing and Renovation of Barcelona (FHAR).

To register, as well as for more information, you can consult the ISHF website, follow the official account on Facebook and Twitter, as well as subscribe to the official newsletter of the event.