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100% home financing and tax exemptions for young people in force this month.
Are you young and want to buy a house? Starting this month, you won't need to give a down payment to the bank or pay taxes. Understand now.
Are you young and want to buy a house? Starting this month, you won't need to give a down payment to the bank or pay taxes. Understand now.
The measure that will allow young people to access 100% financing (public state guarantee) when buying a house has now been published in the Diário da República, so it must come into force in the next 60 days, that is, by September 10 at the latest. Understand more next.
ComparaJá has partnered with two banks and a real estate consultant to discuss the new measures to support housing credit for young people, and clarify some of the doubts that have arisen.
The new section "Tips for saving with Gonçalo Malheiro, Financial Educator and creator of digital content related to finance, now explains how to save on buying a home."
Young people can now apply to access 100% financing when buying a home with a mortgage, through the new public guarantee measure.
The public guarantee for home purchase aimed at young people will not be able to cover a couple of two young people, if one is over 35 years old.
Public guarantee offered by the State in home loans is directly related to the amount financed by the bank.
Home loans for young people up to 35 years old with public guarantee have a maximum term for financing with the same rules as conventional home loans.
What does the new Government promise for young people's housing credit? 100% financing and tax exemption are the measures in question.
If you are young and looking for a house to buy or rent, the Government has created a program "Build Portugal" that will facilitate access to housing for young people. Learn about the measures involved.
With its program "Building Portugal: New Housing Strategy", the Government aims to keep young people in the country by ensuring access to housing. Learn about these nine planned measures.
The new measure is aimed at young people up to 35 years old and will ensure 15% of the purchase value of the house, up to 450,000 euros. Understand it better and find out when it takes effect.
The details of the new public guarantee measure for up to 15% of the housing loan value for young people up to 35 years old are still being clarified by the Government. Understand how it will work in case of default.
This couple bought their new home without the need for a large initial investment, saving thousands of euros on the down payment.
Young people up to 35 years old will be exempt from taxes when buying their first house regardless of their income, but with limits on the property values. Find out how the measure will work next.