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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.​

The #Housing 2030 Report of ONU-Habitat, UNECE and Housing Europe acknowledge Barcelona as a pioneering city in housing policies

10/10/2021 - 10:57

Housing. Barcelona stands out for its innovation in matters of regulation of rentals of homes and tourist apartments, citizens’ participation, public-private collaboration and subsidies for energy renovation.

The #Housing2030 Report, presented during the Ministerial Meeting of the UN Economic Commission for Europe (UNECE) on Urban Development, Housing and Land Management of October 6, held in the UN Office in Geneva, collates a wide range of housing policies and initiatives implemented in the 56 European, North American and Asian countries which comprise the UNECE.

The proposals are grouped into four chapters – Governance, Finance and Investment, Urban Planning Policies and Climate Neutrality – and are structured into 33 themes which include aspects as diverse as control of inhabitability criteria, rent regulation, reserves of protected housing or regulations and incentives related to improving energy efficiency of buildings.

Barcelona appears in several sections of the report, with emphasis on strategic planning and the focus on human rights of the Housing Rights Plan 2016-2025, along with the collaboration instruments implemented in recent years with social promoters, cooperatives and civil society entities by means of the Barcelona Social Housing Council. The report also described the German rent regulation model Mietspiegel, along with the system currently operating in Barcelona and other cities in Catalonia.

The Catalan capital also appears as a referent in regard to regulation of tourist apartments, along with cities like Amsterdam, Berlin and New York. In matters of energy efficiency, the report refers to the subsidies for energy renovation and generation of solar energy.

The #Housing2030 study feeds from the experience of more than 100 researchers, public administrations, social housing promoters and activists, and contributes to the attainment of the Sustainable Development Goals (SDGs), the Paris Agreement and the universal right to adequate housing. In addition to the report, the #Housing2030 initiative has generated a specific website gathering detailed information on the proposals analysed and a series of podcasts.

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