ICO successfully registers mortgage for affordable rental housing after appealing to Alicante registrar
08 Jul 2026
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Who is affected:
Real estate developers, public and private financial entities financing affordable housing
Summary
The Official Credit Institute appealed the Alicante registrar's refusal to register several clauses of a corporate mortgage for building social rental housing. The General Directorate resolves the appeal clarifying which clauses are registrable.
Detailed analysis
PRO
The ICO formalized a corporate mortgage on a surface right in San Juan de Alicante to finance an affordable social rental housing promotion within the ICO Housing Program 2022-2025. The registrar registered the mortgage but suspended numerous clauses considering them personal, informative or without real significance. …
Full official title
Resolución de 26 de marzo de 2026, de la Dirección General de Seguridad Jurídica y Fe Pública, en el recurso interpuesto contra la nota de calificación del registrador de la propiedad de Alicante n.º 5, por la que se suspende la inscripción de ciertos pactos en una escritura de préstamo hipotecario de carácter empresarial para la construcción de viviendas de alquiler social asequible.