Latest news and stories about housing credit in Portugal for expats and residents.
By the end of March, 905 million euros of the guarantee had been used, representing 62% of the amount allocated before the recent increase.
The Banco de Portugal is preparing measures to curb household debt, making access to housing credit more difficult. In contrast, the Government has increased the public guarantee for young people to buy homes by 750 million, increasing risky loans.
The public guarantee on housing credit for young people led to a surge in borrowers with a high-risk profile last year, according to data released this Monday by the Banco de Portugal. A risk that now lies with the State. In 2025, 21% of new housing credit operations involved such borrowers.
Macroprudential measure for credit is generally being met, but the continuation of the guarantee created for adults up to 35 years old to access financing may create distortions.
The share of foreigners in housing credit has practically doubled in five years, in a list led by Brazil by a wide margin over other nationalities. This applies to both the number of contracts signed and the total amount contracted, according to data released this Wednesday by the Banco de Portugal. The supervisor...
The total amount of loans granted to individuals grew by 9.8% in the first month of the year compared to the same period last year.
The increase was primarily driven by loans to young people (aged up to 35), accounting for 60% of the total amount of new contracts.
October was, therefore, the month with the highest absolute and relative values since the implementation of this programme, with significant data since the beginning of this year.
The purchase of homes by young people using public guarantees represented 25.9% of the total allocated in the first ten months of the year, with 46.5% of the total amount allocated to this programme being utilised, the Bank of Portugal announced today.
Since the beginning of the year, 551 million euros have been used under this scheme.
October was the strongest month ever for public guarantees in housing credit, according to data published this Friday by the Bank of Portugal. The 'key mechanism' for home purchases by young people reached new highs, covering 50% of all amounts lent by banks to those aged up to 35.
