Island Properties

  • Home
  • Property Listing
    • Simple Listing
  • Malta Property News
  • Pages
    • To Let
    • For Sale
    • Miami City
  • Types
    • Villa
    • House
    • Apartment
  • Submit Property
  • My Properties
  • Gallery
  • Contact Us
  • About Us
  • Property Letting in Malta
  • Buy to Let Malta
  • Property Management Services
  • Property Consultancy Services
  • About Malta
  • Guide to Letting Property in Malta
  • Guide to Buying and Selling
  • Property Investment in Malta
  • Testimonial
  • Careers
  • Office Administrator
  • Real Estate Agent Job Opportunity
  • Testimonials
  • Sitemap
  • Rooms Malta
  • Interior Design
Submit
Island Properties

  • Home
  • About Malta
    • Guide to Letting Property in Malta
    • Guide to Buying and Selling
    • Property Investment
  • Properties
  • News
  • About Us
    • Property Letting in Malta
    • Rooms Malta
    • Buy to Let Malta
    • Property Management Services
    • Property Consultancy Services
    • Interior Design
  • Careers
    • Real Estate Agent Job Opportunity
    • Office Administrator
  • Contact Us
Submit

Malta Property News

Looking for certain features
Bank Of Valletta BOV

BOV Home Assist

By

Island Properties

Posted in News On Jan 26, 2018

BOV Home Assist

New ‘BOV Home Assist’ loan scheme to further increase the number of eligible applicants.

The Parliamentary Secretariat for Social Accommodation in conjunction with Bank of Valletta (BOV) have launched an affordable home loan scheme, the second of its kind after APS launched a similar one in April 2017.

This Scheme was set out to do two main things:

– To aid those people who cannot afford the 10% downpayment required to take out a loan. Through this Scheme, BOV will be leading the full sum with the Housing Authority acting as the guarantor in-lieu of the 10% deposit.

– To provide monthly loan repayment subsidies. The Housing Authority are also placing a Scheme in place which allows for a grant of up to €167 per month directly towards loan repayments.

Parliamentary Secretary Roderick Galdes spoke about this new Scheme saying that Bank of Valletta will be leading up to €120,000 (an increase of 20% from the APS scheme launched last April) which will allow for more people to become home owners. He goes on to explain how this is even more so now, since negotiations with BOV have resulted in an increase of income thresholds (which determine scheme eligibility)

BOV Home Assist

Income Brackets for Eligibility – BOV Home Assist

These schemes set up by the government, in coordination with local banks and Agencies, provide the necessary funding and support in order to become a home owner. Those interested in the scheme need apply directly through the Housing Authority, who will then guide you forward and work towards helping you obtain a ‘BOV Home Assist’ loan.

Click here for more information about BOV Home Assist

Click here for more information about the Housing Authority scheme.

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Scan to contact us via Facebook Messenger

Island Property Messanger

Calculate Mortgage Payments

Featured Properties

Featured
View Property

Luxury Two Bedroom Apartment in Tigne Point

A luxury, highly-finished, fully-furnished 3rd floor apartment forming part of…

Bedrooms
2
Bathrooms
2
To Let

€4,000 Per Month

Featured
View Property

Airspace with Permits in St Julians

Airspace for sale in the prestigious and residential area of…

Area
283 Sq M
For Sale

€135,000

Scan to contact us via Facebook Messenger

Island Property Messanger

Find Your Home

Advance Search is already enabled in the header.

Featured Properties

Featured
View Property

Apartment in Naxxar

Bedrooms
3
Bathrooms
2
To Let

€1,195 Per Month

Island Properties

Island Properties Malta

Address:
Phone:
Mobile:
E-mail: info@islandproperties.com.mt

Popular Cities

  • Sliema
  • St' Julians
  • Swieqi
  • Madliena
  • Ibragg
  • Valletta
  • Mellieha

Menu

  • Malta Property News
  • Home
  • Property Search in Malta
  • Contact Us
  • About Us
  • Careers in Real Estate
  • Real Estate Agent Job Opportunity
  • Sitemap
  • Rooms Malta
  • Interior Design

COPYRIGHTS ©2019 | ISLAND PROPERTIES | ALL RIGHTS RESERVED

Customised by A-Design Lab

Malta & the Maltese Islands; Facts & Stats Celebrating Carnival in Malta & Gozo