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.​

Unes claus dins el pany d'una porta i de fons una dona a l'interior d'un pis
11/04/2024 - 10:15

The final list of social organizations set to receive ten public housing units for vulnerable groups has been published

Housing. The Barcelona Housing Consortium has definitively decided to allocate ten flats to social organisations for inclusive...

10/04/2024 - 14:19

Barcelona City Council housing workers receive training on new law regulating rents

Housing. The aim of the meeting was to clear up any doubts in order to improve the service provided by the Housing Offices, with the...

08/04/2024 - 10:19

The URBANEW technical conference will present the best solutions for decarbonising housing renovation

Housing. The event will feature a ‘marketplace’ showcasing the best proposals from a selection process, as well as an expert round...

26/03/2024 - 13:54

Barcelona’s emergency housing program provides keys to seven families

Housing. The Barcelona Housing Consortium has handed over flats from the Social Rent Fund to families in vulnerable situations.

20/03/2024 - 13:50

Barcelona City Council donates three buildings for renovation and social rental

Housing. The UTE Llar Barceloneta and the Fundació Hàbitat3 will be responsible for three renovation projects in the Barceloneta and...

04/03/2024 - 18:08

The European program URBANEW calls for the participation of local stakeholders to move towards the decarbonization of cities

Housing. Barcelona is one of the cities selected for the pilot project, which is in an initial phase of seeking innovative and low...

ajuts rehabilitació
01/03/2024 - 14:26

The Next Generation Fund, a key opportunity to encourage renovation and energy efficiency gains

Housing. European funding is helping to make homes more energy efficient, bringing benefits such as lower bills and a more...

29/02/2024 - 12:39

How the new index regulate rents in Barcelona?

Housing. The Ministry of Housing and Urban Agenda has detailed the operation of the index, which has been in force in stressed market...

27/02/2024 - 15:38

Seven families receive the keys to flats from Barcelona’s emergency housing

Housing. Every month, the Barcelona Housing Consortium hands over homes from the Social Rental Fund to families in vulnerable...

26/02/2024 - 13:09

Do you have doubts about the social discount and how to ask for it? We can help you!

Housing. The social discount is a subsidy granted by the government to people in a situation of economic vulnerability, allowing them...