First home mortgages for under 36s, young couples and families: the guarantee fund reaches 2029

Extension of the First Home Mortgage Fund, which collects another 200 million euros and runs until 2029. The maneuver expands the range of action of this instrument, managed by Consap, which in recent years has already covered 280 thousand loans, and whose use is widening.

«In the 2027 budget - says Sestino Giacomoni, president of Consap - the financing of the first home mortgage fund managed by Consap is extended for another three years until 2029. This is good news because previously the 80% guarantee expired at the end of each year. This Government, however, had already granted a three-year extension in 2025 (2025/2027) and is now continuing along that path for another three years (2027/2029). In this way, young people know that they will have the opportunity to access the Consap guarantee for future years too."

The use of this instrument, in recent years, has been growing: «Since its inauguration - Giacomoni continues - the current Government has allocated around 1.5 billion euros, allowing the disbursement of over 280 thousand mortgages, for a total of 34 billion euros in loans granted. The recent regulatory changes introduced have brought the Home Fund back to being a tool for young couples and have extended the guarantee to people with permanent disabilities and their families. For large families the guarantee can reach up to 90 percent."