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Totana Socialists, through a press release welcoming this measure "that will surely provide a solution, at least temporarily, to the major problem is the assumption for many families cope with the mortgage payment ".

Clarify that "this is another over proposed anti-crisis measure by Zapatero and that is the deferral of half of the monthly payments for three years and for unemployed people who have family responsibilities."

They also say that "it is not a favor that banks want to do, but it is the State that aids financial institutions through the ICO."

According to the Socialists "to access this measure will require that the mortgage is prior to September 2008 and in the case of an employee who has been unemployed until December 2009, if it's self has ceased work or prove certain loss of profit or pension in family responsibilities. "

They add that "this measure is intended for regular home mortgages, and the limit of what can be left to pay is 500 € per month, what is left to pay would begin to repay in 2012 distributing the monthly amount for 15 years ".

Also report that "another important measure adopted by the government is postponing the obligation to invest the housing account for two years, then the time to invest in the new house is extended from four to six."

Totana for socialists is an important step in the set that Zapatero is taking to address this complicated international crisis. It also shows the social sensitivity of the Government of Spain taking the situations of families, compared to the proposed right to posed only to freeze pay and benefits cuts and social rights. "

Source: PSOE Totana