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Nomad: housing & costs · Canarias · 10.11, 14:02

Canary Islands government introduces mortgage guarantees for young residents

The Canary Islands government announced the Hipoteca Joven programme. This programme provides public guarantees for young people buying their first home. CaixaBank will be the first institution to sign an agreement under this programme.

Prepared by AI from the sources below. We make sure it sticks to the facts in the sources, but AI can make mistakes - if in doubt, the source prevails. Automatically translated from Polish. How we make these texts →

Consul Pablo Rodríguez stated the plan includes help with rent payments. It also provides support for cooperative housing. Access to public housing for young people increased to 20% under the plan.

The Instituto Canario de la Vivienda will meet this Monday. They will approve the plan draft for submission to the Parliament.

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