Banks offer 2,500 homes for rental under favorable conditions to evicted families

March 11, 2013

The Spanish Banking Association wishes to remind that its main member banks have an open offer of 2,500 homes to be rented under favorable conditions by those individuals who have been evicted from their primary residence after January 1, 2008.

Information about the homes provided by each institution can be found on their respective websites. Imserso http://www.imserso.es/imserso_01/fsva/index.htm also provides detailed information on:

  • The requirements to access the homes.
  • The rental conditions and submission of applications.
  • The credit institutions adhering to the agreement and that have provided homes.
  • The homes offered by the different institutions classified by Autonomous Communities, provinces, and municipalities, indicating the institution to which they belong.
  • The municipalities that have adhered to the Agreement, which must issue reports on applications submitted and provide additional guidance.

The aforementioned homes are part of the Social Housing Fund promoted by the Government and the financial sector with the objective of providing housing under favorable rental conditions to those who have lost their home as a result of mortgage foreclosure and meet certain circumstances.

To this end, on January 17, the Agreement for the creation of said Social Housing Fund was signed, establishing the conditions for accessing rental housing, the terms of the rental contract, and the procedure for allocating homes, among other aspects.

The main member banks of the Spanish Banking Association (AEB) have adhered to said Agreement through the funds established by each of them.

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