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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.​

Housing, one of the central themes of the 6th Symposium on Family Financial Education and Energy Poverty

20/07/2021 - 07:15

Housing. The head of cabinet of the Housing Department, Vanesa Valiño, will be one of the speakers participating in the meeting, to be held from July 20th to 22nd

Housing will be one of the principal themes at the Family Financial Education and Energy Poverty Symposium, the sixth edition of which will be held from July 20th to 22nd. The meeting, organised by the Isadora Duncan Foundation, will be in virtual format and will include various presentations and a debate. On the 22nd, Vanesa Valiño, the head of cabinet of the Barcelona City Council’s Housing Department, will lead the debate on access to housing and rental. She will be accompanied by the representative of the Union of Tenants of Madrid, Javier Gil, and by Débora Serrano, in representation of WIRES, an association of female consultants and executives of the real estate world.

The symposium will also include four addresses: on the first day there will be a reflection on territory and taxation, with ‘The Spain of Swimming Pools’, with the journalist Jorge Dioni López, and ‘Right to Housing and Tax Policies’, with the professor of the University of Girona Maria Lluïsa Esteve de Pardo.

On the second day the sessions will focus on the housing stock, with the addresses ‘Rehabilitation of Housing and EU NextGeneration Funds, by the architect Ana Sanz and the Doctor in Architecture Carme Sánchez-Guevara, and ‘Solidarity Rehabilitation Funds’, with Ester Sevilla, the representative of the Naturgy Foundation.

All the sessions of the Family Financial Education and Energy Poverty Symposium can be followed online via Zoom. Registration is free of charge and can be made at this link.

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