The banks will communicate to the SMEs Credit Guarantee Fund which runs the “First House” programme, and to the Finance Ministry, within seven calendar days, the level of the total costs and the estimated value of the funding that will be guaranteed in 2010, Mediafax informs. If the total value of the communicated funding exceeds the ceiling of EUR 700 M allotted for this year, the Fund is authorized to proceed, with the previous agreement of the Ministry, to pro-rata allocations in the programme, according to the governmental resolution which modified the “First House” programme. Thus, the dwellings which are acquired under the programme must fall into one of A, B and/or C energy efficiency class, the applicable criterion starting on the date when the energy certificate is introduced. The guarantees are covered by first grade legal mortgage over the dwellings acquired through the programme, in favour of the state, valid over the whole duration of the funding, the prohibition to alienate them over a period of five years and the prohibition to burden them with other encumbrances over the whole duration of the funding being mentioned in the land register. Until the date of the final reception of the dwellings, the first grade legal mortgage will be applied also on the lands on which the houses are going to be built. The present legislation forbids only the sale of the dwellings within this five year period.