At the national level, there are two rental support schemes available to help with rent payments, one of which includes an age limit.
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The price per square meter nationwide exceeded 10 euros in the second quarter. Parliament discusses the rental market this Wednesday, voting on a Government proposal that faces certain defeat as both the PS and Chega have announced they will vote against it.
A retirement savings plan (PPR) linked to a home loan often keeps mortgage interest rates (spreads) lower, but a low-performing plan may cost more than the interest savings gained. Mortgage contracts specify the consequences of canceling these linked products, including the potential loss of rate bonuses. Before transferring a PPR, homeowners must compare the financial gain from a higher-performing investment against the increased cost of their mortgage payment.
A study by the European Federation of Financial Advisers and Credit Intermediaries (FECIF) found that credit intermediaries account for 57% of mortgage distribution in Portugal, placing it fourth among ten European markets analyzed. The report noted that Portugal lags behind the UK, Poland, and Slovakia, but shows significant progress in process digitalization alongside Hungary and Italy. However, the study also identified local challenges, including reporting excesses, fragmented lender integration, a lack of continuous training, and a lack of direct access to public databases for intermediaries.