Mortgage lending

The Bank of Portugal has tightened up access to mortgages for those who are in their 30s. From today (Friday, 1 April) new recommendations come into force regarding the maximum age limit for new [...]

The moratoria or bank loan freezes for thousands of families and businesses ended today as customers will once again have to pay the principal and interest on their loans after an 18 month period [...]

The end of the moratoria on household loans to Portuguese families could lead to credit default of up to €1.32Bn. This is according to consumer watchdog organisation Deco Protest whose economist [...]

Portugal’s banks and credit institutions lent a massive €1.3Bn for mortgages in March in what was the highest amount of credit lent since January 2008. According to figures from the Bank of [...]