Housing

JSD wants to extend public guarantee to first-home construction

The JSD, the youth branch of the PSD party, is calling for the current public housing guarantee scheme to be extended beyond 2026 and for it to be expanded to cover the construction of a first home. They are also advocating for the permanent maintenance of IMT (Property Transfer Tax) and Stamp Duty exemptions for young people, arguing that these measures help overcome the hurdle of providing capital for home loan down payments.

Why it matters

This is currently a political proposal and not a law; however, if the government adopts the JSD's suggestion to include home construction under the public guarantee scheme, it could change the eligibility rules for young residents looking to build their own home instead of buying an existing one.

Observador· 1mo agoRead original ↗

Useful?

This update is from Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

Read today’s briefing

Related updates

Housing

AD wants to extend public guarantee, Chega more deductions, and the left the end of moderate rent

Political parties have submitted their final amendment proposals for the 2027 State Budget, with housing as a primary focus. Proposals include expanding public mortgage guarantees (AD), increasing tax deductions (Chega), and ending the 'moderate rent' scheme currently capped at 2,300 euros (Left parties).

Público· 4d agoRead original ↗

Useful?

Housing

PSD/CDS extends public youth guarantee to self-construction and admits new pension 'bonus'

The governing parties proposed amendments to the 2027 State Budget that would extend the public guarantee for youth housing loans to include self-construction projects. They also proposed an exemption for early repayment commissions on variable-rate mortgage loans throughout 2027, and indicated a potential new extraordinary pension supplement for 2027, provided public finances permit.

Correio da Manhã· 4d agoRead original ↗

Useful?

Housing

Caixa Geral de Depósitos receives 95 million euro boost in public guarantee for home loans

The state-owned bank Caixa Geral de Depósitos (CGD) has received an additional 95 million euros for its public guarantee quota for first-time home buyer mortgages, bringing its total allocated amount to 602.2 million euros. This increase aims to continue supporting young people purchasing their first home, following high demand for the scheme.

Correio da Manhã· 3w agoRead original ↗

Useful?

Practical alerts

See all →

Media-reported alerts

Government requests telework and Luís Neves declares that parents have every right to stay home with minors, what is provided by law · Observador · 5h ago
Following government recommendation, Paddy Cosgrave suspends Web Summit on Wednesday · Correio da Manhã · 8h ago
⛈️
Schools, courts, and public services to close and transport suspended as country braces for Storm Charles · Expresso · 9h ago
+1 more report
- Storm Charles: Merchants prepare for flooding · RTP
River transport between Lisbon and the South Bank guaranteed for Wednesday morning · Correio da Manhã · 9h ago

Live official alerts

Red and orange rain warnings, Tuesday to Wednesday
red warningIPMA· 22 districts· until Wed 21:00
Red, orange and yellow wind warnings, Tuesday to Wednesday
red warningIPMA· 17 districts· until Wed 21:00

See all live official alerts

About Bica

Your quick shot of what's changing in Portugal and affecting your status, your home, your money, and whatever might disrupt your day. Short and clear updates, gathered from Portuguese sources.

It's free, with no signup and no app to download.

More about Bica →

Feedback and corrections are welcome: hello@bica.now