Young people up to 35 years old can benefit from exemption of IMT and Stamp Duty when buying their first house, exemption of property registration costs, and public guarantee that allows 100% financed mortgage credit.
Authorized financial societies will now be able to provide 100% financing to young people up to 35 years old with the measure of public guarantee.
Almost half of the housing credits in 2024 were contracted by young people up to 35 years old, driven by new government incentives.
This couple bought their new home without the need for a large initial investment, saving thousands of euros on the down payment.
Do the measures remain or are they suspended? Clarify your doubts here.
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.
The public guarantee offered by the State in housing credit is directly related to the amount financed by the bank.
Access by young people to state guarantees in housing credit has faced significant challenges, with the main obstacle being the high level of effort required to benefit from this support.
The new measure of support for young people will make it easier to purchase property with credit for those who do not have savings for a down payment, but will increase the monthly payments and, consequently, the burden rate of borrowers.
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.
Young people can apply for 100% financing to buy a house with a mortgage credit, through the public guarantee measure.
Despite the government's public guarantee supporting young people in obtaining a home loan, the monthly payments on the loans can still be high. Find out analysts' opinions on this issue next.
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.
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.