Complicated time for realtors. As well as for the aspirants. And the land registry reform could bring news to the home.
Buying a home is the biggest cost that the average citizen pays (but not only). Also for this reason, it is not always possible to get a drug.
Higher mortgage interest rates are set to further discourage potential applicants. Reassessment by the European Central Bankwith the quantitative easing cut, permanently closed the debt-buying period, thus returning member countries to a state Pretty much pre-pandemic. Not to mention that, as Christine Lagarde, President of the European Central Bank, has made clear, interest rates are expected to continue to rise, albeit gradually, over the next few years as well. It is clear that the general situation, in this case, favors neither the economic availability of Italian families, nor the accessibility of mortgages in a simple way, given the increase in the premium (especially for the variable rates).
It would be positive to receive a donation or an inheritance but not everyone is so lucky. In general, the historical moment to reconcile the expenses of daily living and the costs of the house It is far from favorable. Also for this reason, it’s a good idea to be careful if you already own it. True, in fact, some custom perks have already been envisaged, such as the exemption from Imu on the first home, or the reduction in registration tax and value-added tax for purchases respectively in the private sector and from the company. But be careful, because the municipal tax is not always waived in the case of the first house. Under certain conditions, it will continue to be paid on a mandatory basis.
Buying a home, a tough time: what to watch out for if you already own it
The Imu’s exemption was requested in 2011, but under a later ruling, it is only mandatory for the second house. Essentially, if the property owner also owns another landlord, they will be required to pay the tax. This, however, It does not completely shelter Owners of obligation to abide. There are actually exceptions that also impose emo on the first house, even when no other property is owned. It should be noted that the tax is due on the main houses included in the cadastral categories A / 1 (luxury homes), A / 8 (villas), A / 9 (castles or palaces of historical and artistic value). Wanting to classify as much as possible, referring to the so-called luxury homes. There are a number of seemingly small properties, at least for what interests the majority of citizens.
However, we must also pay attention to other details. In fact, building incentives have led (or can lead) some homes to cadastral revaluation, thanks to structural or energy improvement. Definition will come more clearly When the Land Registry Reform Reaches the Checkers But it does, for now, require owners to be aware of the future of their homes. The goal is to modernize the Land Registry to minimize, and eliminate, illegal construction. In this sense, some of the homes that have been revalued through the appraisal process can be subject to a cadastral click. This way, in addition to losing incentives, he will end up obligated to settle his estate based on the variance in areal income. With imu in charge of course.