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Aids for Buying a House in Spain Financial Backing to Access Housing - Aids for Buying a House in Spain: Financial Backing to Access Housing

Access to housing is one of the most worrying aspects today. Prices, interest rates and the need to pay at least 20% of the home value upfront are just some examples of obstacles to overcome. To partially alleviate this situation, there are public aids to ease the buying.

These aids, granted by the different administrations, are of three types: guarantees to afford the home purchase, tax reductions and financial support for the mortgage.

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100 Mortgages What They Are and What to Take Into Account If You Want to Buy Without Savings - 100% Mortgages: What They Are and What to Take Into Account If You Want to Buy Without Savings

Financing is one of the fundamental aspects when buying a home. Generally, banks offer mortgage loans that cover up to 80% of the property value, which requires savings to cover the remaining 20%. When you do not have that cushion, it is possible to obtain a 100% mortgage, but the requirements are much higher.

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