Income and credits. Government approves two more measures to support housing

The Government approved this Thursday in the Council of Ministers two more measures to support housing, one to support the payment of rents and another related to subsidized interest for housing loans contracted until yesterday, March 15.

According to the approved plan, explained the prime minister, “all families with incomes up to the sixth step of the IRS, inclusive” are eligible for both supports, provided that “they currently have an effort rate, with their expenses housing, equal to or greater than 35%”.

The rent support measure will last for five years, during which time the António Costa executive expects the housing market to normalize. This support will have a maximum value of 200 euros per month and will be paid retroactively from January of this year.

In the Government’s presentation, an example is given for the maximum support of €200 in renting a couple with two children and with a monthly income of €2,500, who pay an rent of €1,200. A single parent family with a monthly income of €1,500 and an income of €700 will receive a monthly support of €175.

In the case of families with credit for the purchase of their own permanent home, a limit of up to €720 per year of support is imposed, in a measure that will remain in force for five years.

Banks continue to be obliged to renegotiate housing loans to a fixed rate with customers who so wish.

[atualizado às 14h11]