Is it possible to buy a house being 100% financed by the bank? Currently, there are limits to the value banks can lend. However, there is an exception. We explain which in this article.
What does the new Government promise for young people's housing credit? 100% financing and tax exemption are the measures in question.
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 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 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.
Young people can apply for 100% financing to buy a house with a mortgage credit, through the public guarantee measure.
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.
This couple bought their new home without the need for a large initial investment, saving thousands of euros on the down payment.
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.
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.
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.
Young people are entitled to IMT exemption if the purpose of the property remains the same, without changing the family unit or workplace. Learn more, afterwards.
The decree-law on the measure regarding tax exemption on home purchases for young people between 18 and 35 years old has already been published and is set to take effect on August 1st. Let's recall the conditions of the measure.
The tax exemption on home purchases for young people will not be the only one: the exemption of the records associated with the process will also be added. Learn more below.
The new support measures for young people up to 35 years old to buy a house came into effect on August 1st. Therefore, find out the answers to the most frequently asked questions.