Mortgage lending

The number of people in Portugal taking out mortgages rose to its highest level in April since August 2008 according to data released from the Bank of Portugal released on Friday. “The [...]

Portugal’s financial institutions have managed to reduce their stock of Non-Performing Loans (NPLs) from €21Bn five years ago to just €5Bn today. This is according to Nelson Rego, entrepreneur [...]

A programme presented by the Portuguese government on Friday – ‘Construir Portugal’ (Build Portugal) — has set the cat among the pigeons by reopening the possibility of insurance brokers to [...]

Bison Bank, which is led by António Henriques, is to begin mortgage lending services in partnership with UCI. The new service has been developed with overseas house buyers in mind on the back of [...]

Portuguese families continued to buy housing at the cheaper end of the housing market scale and are taking on larger mortgages according to a study released by Idealista/créditohabitação. Low [...]

Portuguese high-street bank BCP has fixed the monthly interest repayments on around 300 mortgages. The decision was made on the back of a government measure that aims to protect families from [...]

By Michael Bruxo [email protected] The Portuguese government approved three measures at a Council of Minsters meeting on Thursday aimed at offsetting the effect of interest rate [...]

Successive rounds of ECB interest hikes have filtered down to Portugal’s housing market putting an extra 40% on the average monthly mortgage repayment to €370. This is according to data from the [...]

The monthly interest repayments on mortgages has reached its highest level since 2009 according to the National Statistics Institute INE. In May the average monthly repayment stood at €352, up [...]

Some 14% of all mortgages in Portugal were awarded to overseas citizens with Brazilians the top buyers according to data revealed by the Bank of Portugal. It represents an increase on 2021 when [...]