Support for housing credit for young people in 2026.

Public guarantee and time limit

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

The original legislation established that the Public Guarantee would only apply to credit contracts formalized by the end of 2026. In addition, institutions such as the IMF have recently called for its suspension. This combination of a time limit and political debate means that interested young people 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 signing is 35 years old and the property value to be acquired has an absolute limit of 450 thousand euros.

The house must be solely intended for Own and Permanent Housing and the candidate cannot own any other property in his name, nor have debts 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.

The double tax exemption: IMT and Stamp

The double tax exemption continues to accompany the bank guarantee. When purchasing their first home, young people benefit from the total waiver of IMT and Stamp Duty, as long as the house valuation does not exceed the ceiling established 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 notary bill.

The exact weight of the bank installment

Ensuring full loan approval removes the burden of initial savings, but requires budget prudence. A one hundred percent credit results in a higher debt amount than traditional financing and directly increases the monthly installment to be paid. The Bank of Portugal evaluates the affordability ratio 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.

Do you want to know which bank has the best conditions for 100% financing?

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