Key data
| Regulation | Resolution of June 23, 2026, from the Under-Secretariat — Addendum to the Agreement between the Ministry of Housing / ICO for the management of guarantees on behalf of the State ("Guarantee line for the acquisition of first home for young people and families with dependent minors") |
|---|---|
| Publication | July 2, 2026 |
| Entry into force | July 2, 2026 |
| Affected parties | Young people under 35 years old and families with dependent minors who wish to acquire their first home; financial entities adhering to the program |
| Category | Real Estate |
| New formalization deadline | Until December 31, 2027 |
| New net assets limit | €150,000 (accredited through responsible declaration) |
| Formalized operations (until Oct. 2025) | 8,549 operations — guarantees of €206.6 M — mortgage financing of over €1,091 M |
| Authorized spending commitment | Until fiscal years 2037-2038 |
Young people under 35 years old and families with dependent minors have two more years to access the State guarantee that covers up to 20% of the purchase price of their first home. The addendum to the agreement between the Ministry of Housing and Urban Agenda and the Official Credit Institute (ICO), published on July 2, 2026, extends the deadline for formalizing operations until December 31, 2027 and introduces a new access filter: a net assets limit of €150,000.
The program, which started with the original agreement in April 2024, had formalized a total of 8,549 operations by October 2025, with guarantees worth €206.6 million and underlying mortgage financing of over €1,091 million. The extension was authorized by the Council of Ministers in December 2025, with spending commitments extending through fiscal years 2037-2038.
What does this regulation establish?
The addendum modifies the original agreement signed in April 2024 between the Ministry of Housing and ICO. The specific changes are two:
| Element | Before (April 2024 agreement) | After (July 2026 addendum) |
|---|---|---|
| Deadline for formalizing operations | Not specified in available data (expired before Dec. 31, 2025) | Extended until December 31, 2027 |
| Applicant's net assets limit | This requirement did not exist | Maximum €150,000, accredited through responsible declaration |
The rest of the program's conditions remain unchanged. In particular, the requirement of maximum age of 35 years for young people remains in effect and is computed on the date of loan formalization. Adhering financial entities can continue processing applications under the updated conditions from the date of publication of the addendum.
The authorization from the Council of Ministers in December 2025 enabled spending commitments in future fiscal years through 2037-2038, which reflects the time horizon of the mortgages that will be guaranteed during the extension period.
Economic and operational impact
The program has mobilized over €1,091 million in mortgage financing with public guarantees of just €206.6 million, which represents a multiplier effect of approximately 5.3 times: each euro of State guarantee has generated more than five euros of mortgage credit.
For adhering financial entities, the extension expands the commercial period in which they can offer this differentiated product to young customers and families. The new net assets limit of €150,000 adds a documentation verification step—the applicant's responsible declaration—that they must incorporate into their admission processes.
For potential buyers, the extension through the end of 2027 significantly expands the window of opportunity. However, the new assets filter will exclude applicants who, although they do not exceed income thresholds, have accumulated net assets exceeding €150,000.
Who does it affect?
- Young people under 35 years old who want to buy their first home and do not have sufficient savings to cover the percentage not financed by the mortgage.
- Families with dependent minors (with no age limit) seeking to access their first home.
- Financial entities adhering to the ICO program, which must update their admission processes to incorporate verification of the new net assets limit.
- Mortgage advisors and real estate agents who work with these buyer profiles and must inform about the updated requirements.
- Real estate developers whose target audience is young buyers or families with minors, since the extension keeps active a key demand incentive.
Practical example
A couple aged 32 and 30, with a minor child, wants to buy their first home for €200,000. The bank finances 80% (€160,000), but they do not have sufficient savings for the remaining 20% (€40,000) plus purchase costs.
Thanks to the State guarantee, the bank can finance up to 100% of the price (or the additional percentage covered by the guarantee), reducing the entry barrier. The couple must accredit through responsible declaration that their net assets do not exceed €150,000. If one of them had, for example, an inherited property valued at €160,000 with a pending mortgage of €20,000 (net assets: €140,000), they would still be within the limit and could access the guarantee.
This type of operation is representative of the 8,549 already formalized through October 2025, with an average guarantee amount of approximately €24,170 per operation (€206.6 M / 8,549 operations).
What should financial entities and applicants do now?
- Adhering financial entities: update admission forms and processes to include verification of the new net assets limit of €150,000, which the applicant must accredit through responsible declaration.
- Non-adhering financial entities: assess joining the program before December 31, 2027 to be able to offer this product to young customers and families with minors.
- Mortgage advisors and real estate professionals: inform your clients of the new net assets requirement and help them prepare the corresponding responsible declaration.
- Potential buyers: verify that you meet the three key requirements—maximum age of 35 at the time of loan formalization (or being a family with dependent minors), first home, and net assets not exceeding €150,000—before starting the mortgage process.
- Real estate developers: communicate to your sales network the validity of the program through 2027 as a sales argument for buyers who do not have the necessary initial savings.
Frequently asked questions
Until when can you apply for the ICO guarantee for a first home?
Following the addendum published on July 2, 2026, the deadline for formalizing operations extends until December 31, 2027. The original agreement was from April 2024; this extension adds two more years to the program.
What is the new net assets limit of €150,000 and how is it accredited?
It is a new requirement introduced by the July 2026 addendum. The applicant cannot have net assets exceeding €150,000 at the time of application. It is accredited through responsible declaration by the interested party themselves, without the need to provide additional specific documentation according to available data.
How many operations have been formalized with this guarantee and for what amount?
By October 2025, 8,549 operations had been formalized, with State guarantees worth €206.6 million. These guarantees backed total mortgage financing of over €1,091 million, which equals an average guarantee amount of approximately €24,170 per operation.
Can people over 35 years old access the guarantee?
Yes, but only if they are families with dependent minors. The maximum age requirement of 35 years applies exclusively to applicants accessing in the "young people" category. Families with dependent minors have no age limit, although they must meet the other requirements (first home and maximum net assets of €150,000).
Which financial entities can process this guarantee?
Only financial entities adhering to the ICO program. The addendum allows these entities to continue formalizing operations guaranteed by the State under the updated conditions. If your bank is not adhering, you should consult with another entity participating in the program.
Official source
Consult complete regulation in official source (BOE-A-2026-14404)
Notice: This article is purely informational in nature and does not constitute legal advice. For specific decisions, consult a qualified professional. Source: https://www.boe.es/diario_boe/txt.php?id=BOE-A-2026-14404