Equity Sharing Scheme

Ħarsa ġenerali​

This scheme is intended for those applicants who are unable to purchase their residence without the help of Housing Authority. The Scheme, will apply for persons who intend to buy their residence by purchasing at least fifty per cent of the property whilst the rest will have to be purchased by them at later stage. 

After twenty (20) years, the applicants will be obliged to purchase the Housing Authority’s share by paying the same price paid by the Authority Housing. APS Bank plc, 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.

X’se tingħata

The Equity Sharing Scheme is aimed towards individuals aged 30+ who, due to their age and income, cannot take a loan which suffices to purchase their home.  The Housing Authority purchases up to 50% of a property worth up to €200,000, thereby lowering the value of the loan taken by the beneficiaries.  The remaining share is purchased from the Housing Authority when the beneficiaries’ financial situation improves. 

Eliġibbiltà​​

 

Kif tapplika​

Fill in and submit the application online.

 

A non-refundable administrative fee of €20.00 applies upon submission of an application.

 

applika