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.​

Do you want to know how you can save water in your own home? We can help you!

05/06/2024 - 10:09

Housing. With the current climate emergency and drought, it is important to do everything you can to save water. Here are some tips to help you reduce your water consumption.

The climate crisis we are experiencing is causing intense, frequent and prolonged droughts. The consequences for the planet are devastating: crops are affected, biodiversity is harmed, and temperatures rise, leading to soil evaporation. Failure to manage water and waste properly can also worsen the situation of vulnerable people.

The lack of rain in recent months – and years – has reduced water reserves in Catalonia’s reservoirs to minimum levels, triggering the exceptional phase. Restrictions have been imposed to save water, such as limiting the litres of water per inhabitant per day, turning off fountains, irrigating with groundwater and closing beach showers.

Citizens were asked to participate and act responsibly by changing their water consumption habits. Water is a very precious resource that needs to be managed carefully. Although recent rainfall has slightly improved the state of the reservoirs and some restrictions have been eased, we cannot let our guard down and must continue to do everything we can to save water at home.

With this in mind, here are some practical tips that are easy to implement and could help you halve your water bill.

Tips for saving water at home

1. Don’t leave the tap running while brushing your teeth or washing your hands. This can save up to 8 litres of water per minute.

2. Take a shower instead of a bath. When you take a shower, collect the cold water in buckets until it’s hot, then use it to scrub the floor or pour it down the toilet (so you don’t have to flush).

3. Install aerators and flow reducers on all taps.

4. Only run the dishwasher when it is fully loaded to save between 20 and 40 litres compared to washing dishes by hand.

5. If you have to wash dishes by hand, turn off the tap and use a sink to reuse the same water for rinsing.

6. Install dual flush buttons or a flush interruption mechanism on the toilet cistern.

7. Place a one-litre or one-and-a-half-litre bottle of water in the cistern to save that amount with each flush.