The Housing Authority, in collaboration with Bank of Valletta p.l.c (the Bank) and the Foundation for Social Welfare Services, will be participating in a scheme to assist persons to purchase a property for residential and personal use, and therefore become home owners.
This scheme is intended to those applicants who wish to purchase their residence for personal use from the private sector. The Bank of Valletta, subject to all bank’s criteria being satisfied, will be granting applicants a loan to purchase a property in finished and habitable state or in shell form state which can be rendered to a habitable state, which includes the purchasing and finishing of same property. In addition, the Authority will assist applicants by granting them a monthly subsidy on the loan repayment to the Bank of Valletta in relation to the loan towards the purchase of this property. Furthermore, the Authority will be assisting these applicants with the professional services of a Notary, who will be appointed by the Housing Authority.
For the terms and conditions of the scheme, please click here
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