A total of €20 million is being made available by the Valencia government to help young people to buy their first home.
The scheme will operate through guarantees issued by the regional ‘public bank’ – the Valencia finance institute (Instituto Valenciano de Finanzas – IVF).
Regional president Carlos Mazón explained that the initiative is designed to ‘facilitate access to credit to young people aged between 18 and 45 years old, who need a mortgage to buy their first home’.
Full report in Friday’s Costa Blanca News
