First-time buyer mortgages for under-36s, young couples and families: the guarantee fund will run until 2029
200 million is being allocated to the scheme managed by Consap, which has provided cover for 280,000 loans in recent years
Extension of the First-Time Homebuyer Mortgage Fund, which has received a further 200 million euros and will now run until 2029. The budget bill broadens the scope of this scheme, managed by Consap, which has already covered 280,000 loans in recent years and is seeing increasing take-up.
Extension until 2029
“In the 2027 budget,” says Sestino Giacomoni, president of Consap, “funding for the First-Time Homebuyers’ Mortgage Fund managed by Consap has been extended for a further three years until 2029. This is good news because previously the 80 per cent guarantee expired at the end of each year. This Government, however, had already granted a three-year extension (2025–2027) back in 2025 and is now continuing along that path for a further three years (2027–2029). In this way, young people know that they will be able to access the Consap guarantee in future years as well.’
280,000 mortgages covered
The use of this scheme has been on the rise in recent years: ‘Since taking office,’ Giacomoni continues, ‘the current Government has allocated around 1.5 billion euros, enabling the disbursement of over 280,000 mortgages, totalling 34 billion euros in loans granted. Recent regulatory changes have restored the Fondo Casa to its role as a scheme for young couples and have extended the guarantee to people with permanent disabilities and their families. For large families, the guarantee can be as high as 90 per cent.”
