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.​

31/05/2020 - 13:01

More public housing in Horta-Guinardó

Housing. The new urban plan for the neighbourhood of Sant Genís dels Agudells allows for the construction of 25 flats for vulnerable...

23/05/2020 - 17:28

Lucia Martín urges us not to repeat the errors of 2008 in the management of the housing crisis after Covid-19

Habitatge. Housing directors of Barcelona, London, Montreal and Paris opt for regulating rents and increasing the public stock

21/05/2020 - 18:47

Extraordinary contribution of 2.5 million euros for rent payments

Housing. The Mayor has called for councils to be able to use their accumulated budget surplus to mitigate the effects of the crisis.

20/05/2020 - 11:12

New contact number and e-mail addresses for managing incidents and queries related with energy rights

Habitatge. The PAE switchboard will be operative from Monday to Friday from 9.00 to 14.00

15/05/2020 - 11:32

The APROP apartments in Ciutat Vella, finalists in the 2020 FAD Architecture Prizes

Habitatge. APROP is a City Council project for tackling the housing emergency, with apartments made from recycled sea freight...

06/05/2020 - 18:02

The Metropolitan Housing Observatory promotes a survey to analyse how Covid-19 affects the housing sector with the support of the City Council

Habitatge. The survey has the collaboration of the Architects’ Association of Catalonia and the support of the housing areas of the...

08/04/2020 - 17:25

Electricity, water and gas are basic rights, during confinement too

Habitatge. If you have an energy emergency situation or need advice on energy saving, you can contact us by phone or online.

07/04/2020 - 14:45

Payment of rent instalments for public housing put back another month until August

COVID-19. The Barcelona Municipal Institute of Housing and Renovation is to stagger payments over 36 months instead of the 18...

03/04/2020 - 13:41

How can you contact the housing services?

Habitatge. In this section we explain how you can carry out specific procedures and contact the Municipal Institute of Housing during...

24/03/2020 - 19:22

Rent payments for public housing halted until July

Housing. Rents for homes and commercial premises managed by the IMHAB will not be charged until July. The City Council has also set...