first home

Romanian PM Says New “First Home” Program To Start After Easter

17:05, 01 Apr. 2011
Romania’s Prime Minister Emil Boc said Friday the new “First Home” program will start after Easter and its application norms will be approved in the next two weeks.

Romanian Govt To Guarantee 50% Of „First Home” Loan Value

16:38, 30 Mart. 2011
Romania's Government has decided that the state will guarantee 50% of the value of loans through the "First Home" program, which will now be open to owners of homes with an area no larger than 50 square meters.

Romanian Young Studio Flat Owners Might Access „First Home” Program

16:49, 23 Mart. 2011
Romanian bank representatives have suggested opening the "First Home" program to people younger than 35, who already own a studio apartment, but need a larger home.

Romanian Govt Mulls Reducing Guarantee For New Home Loans To 50%

15:34, 22 Mart. 2011
Romania's Government and banks are considering reducing the state's guarantees for loans taken out through the "First Home" program to half, leaving EUR750 million, half the amount guaranteed so far, available for new loans.

Romanian Govt Decides To Continue “First Home” Program In 2011

16:16, 19 Ian. 2011
The Romanian Government on Wednesday decided the “First Home” program will continue this year with a state guarantee ceiling of EUR200 million, which might be increased in July for the second half of 2011.

Romanians Must Guarantee “First Home” Loan With Current Account

19:45, 17 Ian. 2011
Romanians who will take out loans within the “First Home” program must guarantee their loan with their current account and can file currency swap requests, according to the explanatory note to a Government decision which amends the norms implementing the program.

Romania’s „First Home” Program To Continue In 2011, With EUR200M Guarantee Cap – PM

19:28, 14 Ian. 2011
Romania's "First Home" program, which offers loan incentives to first-time home owners, will continue in 2011 with a guarantee ceiling of at least EUR200 million, Prime Minister Emil Boc said Friday.

Romanian SMEs Guarantee Fund Grants 30,500 First Home Loan Guarantees Of EUR1.25B

20:13, 11 Nov. 2010
The Romania fund guaranteeing SME loans FNGCIMM granted 30,500 loan guarantees amounting to EUR1.25 billion, since the start of the local First Home program in mid-2009, fund president Aurel Saramet said Thursday.

Romanian State-Made Homes May Be Bought Through “First Home” Program

14:21, 17 Feb. 2010
Homes built through the Romanian National Housing Agency (ANL) may be bought through the “First Home” program, Prime Minister Emil Boc announced Wednesday after the Cabinet meeting.

Romania Might Allow Housing Agency To Sell Homes Within State-Guaranteed Home Buying Program

12:46, 12 Feb. 2010
Romania’s Development and Tourism minister Elena Udrea said Friday she will propose amendments to the law regulating the country’s’ Housing Agency ANL to allow purchases of ANL-built homes with state-guaranteed loans.

Restricting Housing Program To New Buildings May Be State Aid – Competition Watchdog

16:45, 08 Ian. 2010
The change of the government's housing program by granting state guarantees only for the acquisition of new buildings might be subject to state aid law, as it would favor only part of the market, according to Bogdan Chiritoiu, president of Romania's Competition Council.

Romanian Guarantee Fund OKs 6,000 “First Home” Applications, Worth 25% Of Total Budget

16:33, 22 Oct. 2009
Romania's loan guarantee fund for small and medium-sized enterprises approved until Monday 5,900 guarantee contracts for applicants in the "First Home" program, accounting for 25% of the EUR1 billion budget allotted by the government.

Romanian Govt Withdraws Up To EUR280M Guarantees From Bks In “First Home” Program

15:29, 09 Oct. 2009
Romania's Government will withdraw 220-280 million euro guarantees from seven banks that approved no loan or very few loans to buy a house via the “First Home” program, redistributing the funds to other lenders, officials said Friday.

Romania’s “First Home” Program To Gain Funds Next Yr Too, If Successful – PM

14:56, 25 Iul. 2009
If the “First Home” program is successful, it will be further funded by state guarantees next year, Romanian Prime Minister Emil Boc said in a press conference on Saturday.

“First Home” Program Meets EU Rules On State Guarantees – Romanian PM

13:56, 09 Iul. 2009
The “First Homese” program complies with all European Union norms regarding state guarantees, Romanian Prime Minister Emil Boc said Thursday.

EC Asks Romania For Information On „First House” Program In Routine Procedure

13:23, 09 Iul. 2009
The European Commission has recently asked Romanian authorities for information on the "First Home" program, EC spokesperson Jonathan Todd said Thursday, adding that it was just a routine procedure.

A Quarter Of Requests In „First Home” Program Are For Newly-Built Homes – Romanian Govt

13:42, 08 Iul. 2009
Current data show that more than 25% of the applications for mortgage loans guaranteed by the state in the "First Home" program target newly-built dwellings, the Romanian government said Wednesday.

Colliers: „First Home” Program Had No Significant Influence On Residential Prices

16:25, 06 Iul. 2009
The Romanian Government's intention to launch the “First Home” program led to a slight increase in residential prices, especially for two-room apartments, but this trend was not registered by the entire real estate market, according to real estate consultancy company Colliers International.

Total Costs In „First Home” Program, 42%-49% Lower Than Mortgage Loans – Romanian Fin Min

15:51, 29 Iun. 2009
Romania's Finance Minister Gheorghe Pogea on Monday said some offers of the 20 banks for the “First Home” program were below the limit imposed by the government, thus the total costs will be 42%-49% lower than for mortgage loans.

Romanian Competition Council: „First Home” Program Doesn’t Breach State Aid Rules

14:45, 23 Iun. 2009
The “First Home” program, through which the Romanian government guarantees mortgage loans of EUR60.000 at most, does not break the state aid rules, Competition Council president Bogdan Chiritoiu said Tuesday.

“First Home” Program Should Favor New-Built Dwellings – Romanian Deputy PM

15:20, 09 Iun. 2009
Romania’s deputy Prime Minister Dan Nica said Tuesday the authorities would prefer the "First Home" program to mainly refer to new-built dwellings, in order to obtain a multiplier effect in the economy.

Romanian Bks Offer Rates Up To 14% For Euro, Up To 23% For RON On „First Home” Loans – Sources

13:24, 03 Iun. 2009
More than 20 banks filed indicative offers on their effective annual interest rate, or AER, for the “First Home” program, varying between 5.5% and 14% for euro-denominated loans, and between 13% and 23% for Romanian leu-denominated loans, government sources told MEDIAFAX.

Head Of Romanian Bk Assoc Sees „First Home” Program As First Step To Lending Revival

14:09, 27 Mai 2009
The “First Home” program is a first step to lending revival and will also support housing constructions and re-launch the activity of hundreds of real estate agencies, Romanian Banks Association ARB president Radu Ghetea said Wednesday.