The Government will fund the entry fee for young people, 20% of the price

The Generalitat will create a credit line so that young people up to 30 or 35 years of age (the Government did not define the limit yesterday) can receive the amount of down payment required, which is usually 20%, to buy a second. hand home as a normal residence. These loans will be provided through the Institut Català de Finances with the creation of a youth exemption fund that will reduce interest rates by two points. The advanced amount must be returned after 30 years, when the applicants have paid off their mortgage. At the same time, they only need to pay interest every month.

This is one of the measures that Minister Sílvia Paneque announced yesterday after the Consell Executiu. He explained that this solvency fund aims to help young people to get their first home and that they expect it to benefit 12,000 family units. He said the image they are looking for is young workers with wages that would allow them to pay a mortgage, but who do not have enough resources to pay the same amount for a down payment on an apartment. The consultant indicated that 500 million will be allocated for this purpose and that income criteria will be established to access the solvency fund. The home must be second-hand and no larger than 90 square meters. If a beneficiary decides to sell their home before 30 years have passed, they must return the loan immediately and must sell it at the purchase price adding to the increase in the CPI . On the other hand, the Generalitat will create a Public Reserve of Urban Plots to build 50,000 officially subsidized rental homes, and the construction could be by the administration or by private developers. The Government indicated that the current land reserves allow the construction of 20,000 homes and it intends to allocate 500 million per year in credits through the Catalan Financial Institute for public or private operators at is interested in building this public reserve of plots. It also allocates 500 million euros in support to vulnerable families so that they have access to housing.

At the same time, the Generalitat will agree to grant a basic construction permit to reduce construction times for officially protected housing (VPO) by half.

New call for rental support for under 35s

Yesterday the Council of Ministers approved the new call for the Young Rent Bonus, a subsidy of 250 euros per month for 2 years for people between 18 and 35 years of age who work and do not earn more than 24,318 euros per year benefit. The rent price in Lleida may not exceed 600 euros, but if it is shared housing, each resident can claim it. On the other hand, the Council of Ministers brought to a public hearing the Royal Order to create the Digital Single Window to manage seasonal rentals, tourism and rooms, which will be ready at the end of the year and will have advance registration from without that. they cannot be marketed.

“It can be a good step if they reduce deadlines and bureaucracy”

The president of the College of Real Estate Agents of Lleida, Josep Maria Esteve, said that the creation of a youth redemption fund “can be a good step, but they need to detail what procedures need to be done to see if it effective. ” He recalled that “there are already ICO credits that have this purpose, but their processing is so long that it annoys and makes many people give up asking, so it was they should accelerate this process with the funds mentioned. On the other hand, he said it was “demagogy” on the Government’s announcement that it will build 50,000 homes in the coming years. “There is no need to build more, thousands of empty homes in Sareb are dying of shame, in fact the previous Government announced years ago that they would buy 50,000 apartments from Sareb and it was not done because there is no money for it. “