Who will benefit and how will they apply for it


On Sunday, the Prime Minister, Pedro Sanchez, announced a guarantee line to help young people under the age of 35 and families with dependent minors buy their first home. During his speech at a PSOE event in Tenerife, the socialist leader made it clear that aid would be covered 20% of the mortgage value.

The advertisement confirms that strategic priority which Sanchez granted for housing in the latter part of his term. The housing law was precisely the last to be implemented with the parliamentary partners of the left, ERC and EH Bildu. But who will benefit from the new guarantees and how can they be requested?

Who are they for?

Not all the nuances of the procedure are known yet, as it will be approved on Tuesday at the next Cabinet. Right now, the president has advanced that he will target even the youth 35 years and with an income of less than 37,800 euros per year.

Explaining the philosophy of the measure, the president argued that “if during the health emergency we approved businesses and the self-employed, now, given the Housing emergencyWe will support our youth.

How can it be ordered?

In the absence of two days to approve the procedure, they are still unknown All the details About how to request a guarantee. However, ICOs have been giving collateral as a service for quite some time, so it wouldn’t be strange if the ordering method was the same or similar.

Anyone who today wants to be guaranteed by an ICO must request it in person at one of the credit institutions you subscribe to and may guarantee any loan or operation that has been formalized or renewed as of March 18, 2020.

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