100% financing in mortgage credit for young people can now be requested.
Young people can already apply for 100% financing to purchase a home with a mortgage, through the new public guarantee measure.
Young people can already apply for 100% financing to purchase a home with a mortgage, through the new public guarantee measure.
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.
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.
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.
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.
In the end, what does the new Government promise for young people's housing credit? 100% financing and no taxes are the measures in question.
Is it possible to buy a house with 100% financing from the bank? Currently, there are limits on the amount banks can lend. But there is an exception. We explain it in this article.