This variable mortgages have help starting today! To discover how to pay off your mortgage hassle-free. Official Journal of the Generalitat Valenciana (DOGV) explained help up to 600 euros for vulnerable groups with variable mortgages. Read on and find out all the keys to this new help for mortgages in the Community of Valencia.
Variable Mortgage Assistance: Deadline
Applications for these aids can be made from Thursday, May 25 to September 15.. The purpose of these aids; inability to pay mortgage payments.
Clear requirements: who can benefit from variable mortgage assistance in the Valencian Community?
to be eligible If your family unit’s annual gross income is less than or equal to 33,600 Euros, you will be considered as belonging to a vulnerable group.. Also, you should be holder of a variable rate mortgage loan to purchase living place ordinary, formalized before 30 June 2022With an interest rate review after 1 April 2022 and whose nominal amount does not exceed 240,000 Euros.
If the financial burden of your mortgage loan is less than or equal to 25,200 Euros, it must exceed 40% of your annual gross income.and exceed 50% if your annual gross income is between EUR 25,200 and EUR 33,600.
How to request help with variable mortgages in the Community of Valencia
How to apply for these benefits? You must submit your application electronically at the electronic center of the Generalitat Valenciana.. Be sure to include information about your mortgage and your habitual residence’s Property Tax receipt for 2021. You must also submit a responsible statement of members of your family unit, with the exception of the applicant.
How to help with variable mortgage?
settled Two tranches of benefits based on annual gross income and mortgage financial burden:
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Those with a gross annual income of up to 25,200 euros and allocating at least 40% of their income to mortgage payments can receive 600 euros.
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On the other hand, those whose annual gross income is between 25,200 Euros and 33,600 Euros and who allocate at least 50 percent of their income to mortgage payments will be able to receive 300 Euros of assistance.
Don’t waste your time, your time to claim these benefits is limited. Please note that you need to make an appointment for applications. On the Ministry of Finance and Economic Model website, you will find all the necessary information to access the application. Take advantage of this opportunity and lighten your mortgage load with these variable mortgage benefits!