The government calculates that it will guarantee. ICOinput required for buy a house To 50,000 young people and families With dependent children, as confirmed by Raquel Sánchez, Minister of Transport, Mobility and Urban Agenda, at a press conference following a meeting between the Executive and the real estate sector.
While the criteria set by the government await the final ones, To qualify for the ICO guarantee is to enter less than 37,800 euros per year or 75,600 euros if there are two owners on the mortgage.. Beneficiaries, if two, must be under 35 years of age, except in the case of underage families, where this age limit does not exist. According to the information obtained from the sources of the Ministry of Transport, in the final draft of the rule that will be approved by the Council of Ministers tomorrow, The maximum price of the property to be acquired will be includedMoreover will vary depending on each autonomous community.
Pedro Sánchez’s manager undoubtedly has high expectations. Compared to Mi Primera Vivienda, Community of Madrid’s guarantee scheme has much more experience: the regional project has donated 18 million and will benefit from 450 to 650 young people, while the Government wants to reach 50,000. The amount to activate the ICO is not yet known.
Raquel Sánchez reassured Podemos’s criticism: It is another measure of all the measures implemented by the executive in housing policy.. These guarantees are for “thousands of families and young people who choose to buy,” in the Minister’s words, and do not have the necessary input to do so. After the bubble burst, banks require mortgage loans to post 20% of the cost upfront, to which an extra 10% must be added between taxes and selling-related charges.
What are the housing measures approved by the government?
In addition to the guarantees that Pedro Sánchez offered during the presentation of the PSOE nominations yesterday in Santa Cruz de Tenerife, the Government has an ambitious housing policy. climaxed with Housing LawHe will finish the parliamentary process in the Senate in the coming weeks.. According to Raquel Sánchez, this new regulation on the housing market is “the legal instrument that will ensure the exercise of the right to housing in the Constitution”.
On the other hand, as the Minister argued, They increased the budget allocated to housing investment 8 times, up to 3,462 million euros compared to that of the People’s Party. This allowed the development of what is known as Affordable Rental Planin which 184 thousand new flats to be rented below the market price will start operating. According to Transport, 68,000 of the total are already signed, in development or in situ. 184,000 includes the mobilization of 50,000 Sareb units and the development of 16,000 Sarebs run by the State Land Organization Sepes, to which another 20,000 will be added after purchasing a few pieces of land from the Ministry of Defense.
Finally, the last leg in terms of housing promoted by the Executive is the rehabilitation of houses in order to reduce energy dependence and improve the existing park, which is about 70% lacking in energy efficiency. The government’s intention To carry out “more than half a million residential rehabilitation actions before 2026”. With this, reducing non-renewable primary energy consumption by more than 30% and heating or cooling demand by more than 7% points out from Transport.