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.​

Eviction through children’s eyes and how to support them

21/09/2022 - 11:38

Social Services. Social Services are rolling out a protocol to reduce the emotional impact on children and teenagers who suffer this situation.

Social Services have combined with local organisations and residents in Ciutat Meridiana and El Raval to produce a support protocol for children and teenagers in families who are evicted from their homes. The goal is to reduce the emotional impact on them through networking and community action.

The initiative started life at the end of 2018 as part of the Zona Nord Mental Health Board, when a group of local people voiced concerns over the distress that evictions generate for families in the area. The situation was also identified in Raval Sud, the two neighbourhoods representing the areas with the most evictions in Barcelona.

Months of work followed and included meetings with social organisations such as Col·lectiu Sísifo and the Associació Ubuntu, families who have suffered evictions, local associations, social services professionals and the education community. This process gave rise to a good practice guide to minimise the emotional impact for children, teenagers and young people who experience this process.

The intention is for a citywide rollout of the protocol, which envisages support at an individual, family and community level, starting before the eviction and identifying families which may suffer it, plus actions on the day, during and after the process.

The protocol also complements work by the City Council to combat housing emergencies, such as the Anti-Eviction Unit, which last year helped 2,267 families, or the investment of nearly 26 million euros to help mitigate situations involving a lack of housing or the risk of people losing their homes.

“Stop evictions”, the song which gives children a voice

As a result of this networked support and community work, the band Xiula have composed a song reflecting how children experience an eviction. The group have also recorded a video with schoolchildren from Ciutat Meridiana and El Raval.

Support was given to 5,937 people at risk of eviction in 2021. One in three of these people were minors.