Support for housing credit for young people in 2026.

Public guarantee and time limit.

The most sought after measure by young people is the Public State Guarantee, which acts as a guarantor for up to 15% of the transaction value and allows banks to finance the full property. This measure is fully in force, but has generated a high level of adherence that has forced the state to make successive budget reinforcements.

The original legislation established that the Public Guarantee would only be applicable to credit contracts formalized until the end of 2026. In addition, institutions like the IMF recently called for its suspension. This combination of time limit and political debate means that young people interested should seek to approve their processes as quickly as possible, ensuring access to the funds while they are still available.

Criteria for accessing financing

To be eligible for state protection in credit, young people need to follow a set of strict rules. The maximum age allowed at the time of writing is 35 years old and the value of the property to be acquired has an absolute limit of 450,000 euros.

The house must be solely dedicated to Own and Permanent Housing and the candidate cannot own any other property in their name, nor owe to the Finance or Social Security. In terms of salary, the annual income cannot exceed the value corresponding to the eighth bracket of the current IRS.

Double tax exemption: IMT and Stamp duty

The double tax exemption continues to accompany bank guarantees. When acquiring the first home, young people benefit from the total cancellation of IMT and Stamp Duty payment, as long as the house evaluation does not exceed the established limit for the fourth IMT bracket in force in the year of purchase. For higher values up to the legal maximum limit of the measure, the exemption applies only partially to this first exempt bracket, substantially reducing the deed's invoice.

The exact weight of the bank installment.

Ensuring the full loan removes the burden of the initial savings, but requires budgetary prudence. A one hundred percent credit results in a higher debt amount than traditional financing and directly increases the value of the monthly installment to be settled. The Bank of Portugal evaluates the effort rate with maximum rigor and the bank will only approve the operation if the net income is sufficient to bear the financial commitment over the decades.

Want to know which bank has the best conditions for 100% financing?

As demand has exhausted the allocated quota of some banks, it is essential to research the market. The team of specialists at Poupança no Minuto compares the available rates and indicates to you which credit institution is most advantageous for your young process, without requiring the payment of any brokerage commission.