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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.​

IMHAB’s Intervention Service for the Wellbeing in Communities, awarded in the tenth edition of the AVS Awards

10/05/2024 - 14:00

Housing. The Spanish Association of Public Housing and Land Managers has highlighted the innovative nature of this diagnosis and intervention service in the event of conflict in buildings managed by IMHAB.

The Spanish Association of Public Housing and Land Managers (AVS) has awarded the Intervention Service for Wellbeing in Communities (SIBEC) of the Municipal Institute of Housing and Renovation of Barcelona (IMHAB) in the category for best performance in the management and administration of social housing stock. The jury highlighted “the uniqueness of this innovative model of diagnosis and intervention”.

The manager of IMHAB, Gerard Capó, received the award last night at the presentation ceremony of the tenth edition of the AVS Awards for Good Practice in Public Housing and Land Management, which was held at La Casa de la Arquitectura in Madrid.

What is SIBEC?

The Intervention Service for Wellbeing in Communities intervenes in the homes and neighbourhood associations managed by the IMHAB, with the aim of identifying problems and monitoring proposals for improvement. It also promotes preventive measures to avoid incidents.

SIBEC was launched about a year ago, in June 2023, with a first phase in which the internal implementation tools were defined. At the end of last year, the next phase began, the diagnosis phase, in which the different needs of several blocks of flats were analysed. Once this was completed, the intervention phase began in January 2024.

The service structure is divided into five groups and four intervention teams. These groups correspond to the buildings at Nou de la Rambla, 39; OM-Arc del Teatre; Renfe-Meridiana; Santa Coloma, 55-71; and Escolapi Càncer. In total, 746 homes are being monitored.

The role of the intervention groups is to detect possible inadequacies in the homes, prevent and resolve conflicts in the community, work to reduce payment arrears, provide social support and prevent eviction.

To achieve this, regular meetings are held and work is carried out with social agents, in addition to coordination with IMHAB.

What is AVS?

This is the Spanish Association of Public Housing and Land Managers (AVS). It was founded in 1988 and is made up of more than 150 public housing and land management organisations, as well as public services and companies dependent on public administrations.

One of its objectives is to “defend the access of citizens, especially the most vulnerable groups, to decent and affordable housing”.