i trickery The government has included refinancing in the budget discussed in the House of Representatives. First Home Fundwhich allows you to secure up to 90% of the value of a new mortgage under certain conditions. This move has been strengthened compared to the past and will allow more people to get more guarantees.
Foreign Minister Antonio Tajani, The leader of Forza Italia claimed the move, stressing that, for the first time since its creation, the fund has been refinanced for three consecutive years, so that it will be ready for the next financial step. Don’t risk it again.
First Home Mortgage Fund Refinanced: Tajani is happy.
The 2024 budget law would also include refinancing for the next three years. First Home Fund. It is a tool that allows all citizens to obtain a mortgage guarantee for the purchase of their first home, a step that very few families can take. However, some categories have preferential access and better conditions.
Among the major supporters of this principle is Forza Italia: “With the 2025 budget the government has decided to confirm it. First Home Mortgage Fund Which was supposed to expire on December 31, 2024.
“The government has therefore extended relief to remortgage for first home purchases, with an 80% guarantee for young couples under the age of 36, and up to 90% guarantee for large families. The government has shown that it believes in the fund managed by Consap Spa. For three yearswith a medium-long-term perspective, with a clear vision: in a phase in which interest rates are falling, it is predictable that the buying and selling of properties will resume,” Tajani continued. kept
How the First Home Fund works and who can access it
The First Home Fund is available to all citizens who take out a mortgage to buy their first home. Although it is often called Youth Fund In fact, in theory anyone can get the state guarantee they have access to, which is basically 50%. However, there are categories that have priority and get better conditions:
- Young couples under the age of 36, married or cohabiting;
- single parents with dependent children;
- Tenants of housing owned by public housing management institutions.
In addition to preferential access, these categories are subject to the application of an effective global rate on mortgages that cannot exceed the average effective global rate. Additionally, they get 80% mortgage guarantee, which goes up to 90% in the case of large families, as the minister said. Tajani. The government also hopes the law will help revive the real estate market, which has been hit hard by high interest rates in recent months.
