These are the grants to buy a home in 2021

Buying a home is always a big step, not only because of the long-term commitment it entails, but also because of the initial outlay. Many buyer profiles can find themselves with stones in the way, especially with the economic crisis that the country is going through due to Covid-19. Therefore, the State Housing Plan 2018-2021 gives them a little nudge with various direct helps. These benefits they are managed by the autonomous communities and those who want to benefit from them should be attentive to the calls.

Youth aid

The precariousness suffered by young people has notably increased the age at which they become independent. Also, when they do, they are almost forced to rent. The high requirements that banks put to grant a mortgage loan join their little savings, which prevents them from giving the entrance to buy a house. The State Housing Plan 2028-2021 includes a program to help young people (Program 8), both for those who decide to rent a home and for those who want to buy a house. Speaking of acquisition, This aid can be received up to the age of 35 and the following requirements must be met:

-It must be the purchase of the habitual and permanent home.

-The income in the living unit must be lower a:

3 times the IPREM ((23,725 euros per year) in general.
4 times the IPREM (31,634 euros) in the case of general large families and people with disabilities
5 times the IPREM (39,543 euros) special large families and people with certain degrees of disability

-The house price must be less than 100,000 euros.

If the young person meets all the requirements, the amount of the aid can be up to 10,800 euros, with a limit of 20% of the purchase price (less than 100,000 euros).

Help for large families

Large families face a very high amount of expenses each month. This buyer profile is not easy to save either, and although the Plan does not include any specific program for them, there are other benefits for buying a home.

First of all, you have to define what a large family is. There are two categories of large family: General (RG), for families with up to 4 children; and Special Category (RE), for families with 5 or more children.

According collects the Community of Madrid, the following possible cases are considered large families:

-The family made up of one or two parents with a marital bond and three or more childrenwhether or not they are common.

-The family formed by one or two ancestors with two childrencommon or not, provided that at least one of the children has a disability greater than 33%, or is unable to work.

-The family formed by two parents with disabilities and with two children, when one of the ascending parents have a total degree of disability equal to or greater than 65%, or both a degree of disability greater than 33%, or are unable to work.

-A separated or divorced ancestor, with three or more children even if they are in different family units.

-Two orphan brothers, together with a parent, when the other has passed away.

-Two or more orphaned siblings of a father and mother under guardianship, in foster care or care, but that they are not at the expense of the tutor, host or caretaker who live with the guardian, host or caretaker.

-Three or more orphaned siblings of father and mother, over 18 years old, or two if one of them is disabled, who live together and have economic dependence on each other.

To buy a home, large families have a bonus from ITP (Onerous Patrimonial Transfer Tax). The payment of this tax is 6%, as set by the State, although most of the autonomous communities apply increases, reaching up to 10% or 11%, in the latter case, for high-cost housing. Large families have the right to pay only 4%, indicating it through form 601 that is presented to the Tax Agency.

They are also contemplated other aids and bonuses to meet day-to-day expenses. Large families who hire a household employee for the care of children and the house, provided that both ancestors or the ascendant, in the case of a single parent family, work outside the home or are unable to work, they enjoy a 45% discount on Social Security contributions. When the large family holds the special category, for the application of this benefit it will not be necessary for the two parents to carry out any paid activity outside the home.

The aid for dependent child it also collects certain benefits for large families. By assuming more expenses, your income limit to access this benefit is also higher: the limit is 18,867 euros, in cases where there are 3 dependent children, increasing by 3,056.00 euros for each child in charge from the fourth, this included. The full annual allowance for a family with 3 dependent children is 1,023 euros and increases progressively according to the number of children.

These families can also access the Vulnerable Consumer Electricity Social Bonus (25% discount) without having to meet any income limits and Severe Vulnerable Consumer (40% discount), when the family unit receives an annual income lower than 2 times the IPREM of 14 payments, that is, 15,039 euros.

Aid in each autonomous community

The Spanish Federation of Large Families has a performance finder of all kinds for state, regional and local level. However, only two communities appear with housing aid: Andalusia and Galicia.

In Andalusia there is a public benefit to large families in social housing. A 5% quota is established for homes of more than 100 square meters. For large families with Income less than 2.5 times the IPREM (below 18,000 euros), the mortgage payment is reduced by 50 euros for every 10,000 euros of loan.

Galicia offers two types of benefits for water consumption: Large families registered in Galicia benefit from a 50% discount on the water canon and families resident in Galicia with at least 4 people registered in the same home, can request the new billing system per inhabitant (per capita consumption) .

Conservation of the home and buying second hand

The State Housing Plan also includes aid for “promoting conservation, improving the safety of use and accessibility in homes.” The Program 6 has the purpose of finance the execution of works for conservation, improvement of the safety of use and universal accessibility both in residential buildings and in single-family homes, whether urban or rural, and in homes located in residential buildings.

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