First home bonus, young people rejoice: all the advantages and how to apply for them

The confirmation of the institutions arrives. Subsidized young people still in Italy to be able to buy their first home: here are the conditions

The state will finally try to lend a hand to young people. Indeed, many, even if they do not yet claim a very remunerative job, are looking for a difficult independence.

First Home Bounty (Pixabay)

Finally, it would seem that certain parameters have been blocked to allow the payment of the premium for the first home for those under 36, i.e. the economic and tax advantages on the purchase of the first home, intended for young citizens .

People between the ages of 18 and 35 will be able to take advantage of this bonus, which is part of a series of additions that the State has wanted to issue so as not to leave citizens alone in this very difficult historical moment, between wars and inflation. .

How and when to apply for Prime Housing Prime for those under 36

The news was confirmed by Minister of Youth Policy Fabiana Dadone with a post on Facebook. A happy day therefore for young Italians who intend to take flight and build their lives away from loved ones and family members or uncomfortable and expensive rents.

Thanks to this first home bonus, young people who apply for a mortgage before the deadline of December 31, 2022 will be able to benefit from subsidized rates despite the continuous increases in interest rates over the last half-year.

In the meantime, here are the conditions for applying for the first home bonus for people under 36:

not to have reached the age of 36 in the calendar year of the signing of the act; have an ISEE of less than 40 thousand euros.

In this sense, the ordinary ISEE must be submitted to the Tax Agency, valid from January 1 to December 31 of the year to which it refers. The ordinary ISEE photographs the equity and income situation for the 24 months preceding the year of presentation (ISEE 2022 therefore reports data for 2020).

Young people up to the age of 36 who apply for a mortgage for their first home can benefit from the State guarantee of 50 to 80% of the principal amount of the loan. In addition, the bonus, linked to the Sostegni bis decree, has decided to abolish taxes for young people who buy their first home. Excellent news: no registration, mortgage and cadastral taxes, as well as stamp duty and special cadastral taxes.