Do property grants depend on your age or income?
Andrew CachiaFounderA few grants take the buyer's age or income into consideration, but they tend to be few — there are a large number of grants for property buyers and owners. Check all the options, read each scheme's guidelines carefully, and if you're still unsure, seek professional guidance or contact the authority or ministry running it.
Some do — most don't
Andrew Cachia of grants.mt starts with the exception: "There are a few grants that could take into consideration either the age of the property buyer or even the income. However, these tend to be few."
The bigger picture is encouraging: "There are in fact a large number of grants available for property buyers and property owners. So do not be discouraged and ensure to check all the different options available and to see what you could be eligible for."
Read the guidelines — more than once
Before you apply, Andrew's advice is to slow down: "It's very important before applying for any grant to ensure to read the guidelines two, three times over if need be. Ensure to familiarise yourself with the eligibility criteria and if you still have any doubt, seek either professional guidance or contact the authorities or ministries directly."
When in doubt, ask the people who run it
If something still isn't clear, go to the source: "If you have any sort of uncertainties, it's very important to contact the authorities or ministries directly through their customer support channels." Settle the question before you rely on the grant.
For renovation grants, the same care applies before the works begin — see what to do before renovating if you want a grant.
Sources
- Andrew Cachia — Yitaku Asks videos (a few grants consider age or income, but these are few; there are a large number of grants for buyers and owners; read the guidelines two or three times and know the eligibility criteria; if in doubt, seek professional guidance or contact the authorities or ministries through their customer support channels)
- Individual grant scheme guidelines — conditions vary by scheme
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