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:

Societe Generale Bank in Montenegro to be renamed Podgoricka Banka
Societe Generale Bank in Montenegro is poised to be officially renamed Podgoricka Banka AD  »
Raiffeisen's expansion in Bosnia reaches 100th branch office
Raiffeisen Bank has opened its 100th branch office in Bosnia in Sarajevo on Mrehemica squa  »
AIK takes over Gorenjska banka
AIK banka has taken over Slovenia’s Gorenjska banka. The acquisition by the Serbian bank  »
ČSOB acquisition of ČSS given green light
The Czech antimonopoly office has approved a deal under which the bank ČSOB bought out 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   »