the risk guarantee fund



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Take thealarm sure mortgages. The first home mortgage guarantee fund would stay dry and current credits would not be able to cover the applications by the end of the year. 90,000 borrowings for a total amount of about 10 billion The instrument set up by the MEF in 2015 offers citizens guarantees for lightening mortgages intended for the purchase or sale. the renovation of the main housing (the first houses) to 50% of the amount disbursed: about 650 million euros initially were allocated then reduced to 100 million.

The guarantees of these years were offered in most cases to young people from 20 to 35 years old. Now, Abi's managing director, Giovanni Sabatini, has asked the government to refinance the fund: "We must encourage the purchase of the first home for many families, especially young people under 35, with no guarantee additional required. in addition to the mortgage on the property to be used as a principal residence and to support the residential real estate market. "The consumer badociations were also on the same front:" We ask to open a comparison between the different topics to homogenize the rules and update them to increase the opportunities available to consumer citizens, "said Danilo Galvagni, vice president of Adiconsum.The fund is managed by Consap Spa, the concessionaire According to data provided by Consap, available resources may be sufficient until the beginning of 2019.

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