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Spanish ministers weigh limits on €50,000 home deposit aid

Original: consejo de ministros

The Council of Ministers in Spain is discussing state-backed support, channelled through the ICO, that would help buyers cover up to 50,000 euros of the deposit on a home purchase. Coverage notes significant strings attached: the aid comes with limits on selling or renting out the property at the price of your choosing, and other conditions yet to be fully detailed.

Why now: A government decision on housing affordability aid directly affects prospective homebuyers and the property market.

Council of Ministers of SpainICOABCSpain

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