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.​

Street calming work gets under way in Carrer Gran de Sant Andreu

04/05/2018 - 11:36

Urban planning. A year from now this important local thoroughfare will have curbless paving, reduced speed limits and more greenery, with pedestrians getting priority.

Carrer Gran de Sant Andreu is to be transformed into a curbless street, with reduced speed limits, more urban greenery, priority for pedestrians and bicycles and a boost for local commerce. The project is based on proposals by local residents and entities and covers an 850-metre section between Pg. Fabra i Puig and C/ Joan Torras. Work is expected to take one year.

The revamped street will prioritise pedestrian space, with a central strip at least 3.5 metres wide, connected with curbless paving to the paths along the side of the street and adjacent streets, improving accessibility. At the same time, bicycles, services vehicles, cars and motorbikes will all circulate at reduced speeds.

The commercial area will keep its Mediterranean hackberry trees, which delimit the lateral pavements, with more vegetation, bushes and parterres to be added. The section will also get new pedestrian rest areas, with new urban furniture, new paving, telecommunications networks and drainage systems.

The widest sections will have space for waste containers, loading and unloading areas, parking spaces and new green zones.

Work started on Thursday 3 May and consists of two stages over a period of twelve months. The first, between Pg. Fabra i Puig and C/ Sant Adrià, should be completed in November. The second, between C/ Sant Adrià and C/ Joan Torras, should be started in November and take until May 2019. The budget for the work is 4.9 million euros.

A street conceived by the neighbourhood

Local residents and entities have been continually involved in the development of the project, participating from the outset in 2015. The various study sessions held highlighted the need to revamp the street and regain its use for local residents. People’s concerns and proposals were taken on board for the draft project and also helped define the definitive design of the street.

In an effort to minimise disruptions to local people’s daily lives and commercial activity in the neighbourhood, pedestrians will be guaranteed mobility during the work and over the Christmas period work will cease.

Beyond the main street

The work focuses on an 850-metre section covering over 15,000 square metres and also includes reorganising a section of C/ Malats, the public space at the junction between C/ Rubén Darion and the Sant Andreu riverbed, as well as the children’s play area in Plaça de la Pomera.

 

Share this content