The Housing Authority will be launching a new scheme in the coming weeks tailor-made for those who are looking to purchase their first property from a  private seller.

The scheme involves a subsidy of 2.5% on the bank loan for the purchase of the property. Beneficiaries can save up to €14,500 in bank interests through the scheme that is open for a year or until 300 persons apply.

The Minister for Justice, Public Consultation and the Family Chris Said, announcing the scheme, spoke proudly of a past Housing Authority programme, Darek Faċli, which received 883 applications for 123 residences and 98 garages.

Through these schemes, Dr Said said, the Housing Authority was in a position to help elevate the level of accommodation in Malta and improve the quality of life of all those who sought its help.

For more information on the scheme, visit www.housingauthority.com.mt, phone the Housing Authority’s Customer Care Help Line on 2299 1000 or email customer.care@ha.gov.mt.