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.​

Six families in vulnerable situations receive the keys to homes from the Emergency Board

28/09/2022 - 15:26

Housing. Every month, the Barcelona Housing Consortium delivers homes from the Social Rental Fund.

On September 27, six families from the city of Barcelona got off to a good start with a good reason to celebrate. All of them have received the keys to the new homes that, every month, the Barcelona Housing Consortium awards to families in a social and economic emergency. The event was led by the alderwoman for Housing and Rehabilitation of the Barcelona City Council, Lucía Martín, who gave a warm welcome to the families awarded before the delivery of the keys.

The homes, from the Social Rental Fund, are intended for all those families who are at risk of residential exclusion, due to a process of eviction for rental debt, foreclosure, or dation in payment for the debt of mortgage payments, as well as to be in a situation of losing housing due to gender violence, or if minors, elderly people or people in circumstances of homelessness in precarious hygienic and sanitary or safety conditions live in the home.

Families who find themselves in any of these situations can apply for housing by making an appointment at the Barcelona Housing Offices through the “Habitatge et truca” (Housing is calling you) telephone service so that their case can be assessed and a report drawn up.

In this regard, the Emergency Board is the body that, each month, examines all the files issued and to allocate the homes available from the Social Rental Fund. The data of the adjudications can be consulted in this link.

If the number of positively evaluated files exceeds the number of available addresses, housing will be allocated, as they are incorporated into the Social Rental Fund, until the Emergency Board is held next month. For more information, as well as for the rules and regulations of the Emergency Board, please consult the website of the Barcelona Housing Consortium.