Portuguese mortgages to offer 100% of value?

Portuguese mortgages to offer 100% of value?

Published at: 2016-05-23 09:32 | Author: CIJ Portugal
Most banks operating in Portugal are now agreeing to finance 80 percent of the value of the homes their clients take out mortgages on. But the question recently has been whether they follow the example English banks like Barclays and give 100 percent home loans. Banco BPI and Santander Totta are now providing up to 85 percent lending. Now, Sergio Pereira, director of financial products ComparaJá.pt, says full financing is around the corner. "It is expected that every time are more institutions begin to offer financing up to 100% of the value of the properties,” he said.

Similar Stories:

Koruna continues to strengthen
Czech Republic  ♦  Koruna continues to strengthen
The Czech koruna has continued its surprising climb, improving its two-year record along t  »
Koruna strength despite Iran tension surprises analysts
The Czech koruna has strengthened unexpectedly, taking many analysts by surprise, reports  »
Hungary signs strategic cooperation agreement with ICBC
The Hungarian government signed a strategic cooperation agreement with the Industrial and  »
Moody’s puts Hungarian credit profile at Baa3
Pointing to strong economic growth and a commitment to lower fiscal deficits as well as th  »
Can you explain the issue of the so-called Greed Tax that was created by the Romanian gove   »
CIJ: Why is the financial crisis from the last decade still relevant today? The echoes ar   »
One of the long-standing paradoxes of Slovakia’s property market has long how difficult   »
The future is not out of our hands. Indeed, the main purpose of organised real estate is t   »