By May, over 42 thousand young people have resorted to 100% financing in housing credit.

Until May 31st, over 42 thousand young people resorted to public guarantee with 100% financing in housing credit.

According to data collected until May 31, shared on Notícias ao Minuto, more than 42 thousand young people have resorted to public guarantee in housing credit.

It is precisely by looking at the middle class, and at the middle class in particular, that we have implemented a tax exemption system on IMT and Stamp Duty, along with a public guarantee. "I am able to say, until May 31, it has already been used by 42,740 beneficiaries," said the Prime Minister. [Source: www.poupancanominuto.com]

Remember that this is a measure that allows young people up to 35 years old to access 100% financing in housing credit, implemented by the last government, led by Luís Montenegro.  

What are the requirements to access the public guarantee with 100% financing in mortgage credit?

Besides this, there are also other requirements, such as:

• Have a tax residence in Portugal.

• It has to be the first own and permanent home.

• The property cannot have a value exceeding 450 thousand euros.

• Not be the owner of another residential property.

• The annual income of the household cannot exceed the 8th IRS bracket.

Do you want to access 100% financed young housing credit? The credit intermediaries of Poupança no Minuto can already advance with your process, helping with all the bureaucratic part, without you paying anything for it! Contact an agent now to get started: Contact

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