Catalonia extends the age to access the public loan for home purchase to 40 years
Catalunya extends the age limit from 35 to 40 years to access the public loan program of up to 50,000 euros to finance the purchase of a home among young people. This was announced by the president of the Generalitat, Salvador Illa, at an event in Barcelona this Friday. The change, effective since June 1, shows the difficulty young people have in accessing the real estate market, which forces them to postpone the purchase of their first home more and more. “We want to reach people who have a life project ahead, who have not had time to generate savings,” Illa stated.