Overseas Mortgage Requirements for Portugal...

Please note this page may be out of date - please see "Countries Covered Page" on our main website for current details.

Loans available:

• For purchase, re-mortgage, self-build, renovation, or equity release
• Variable, fixed, and interest only mortgages available
• Non-status loans are not available

Loan to Value:

• Based on the valuation of the property
• Up to 80% LTV

Interest Rates:

• From 4.50%

Maximum Term:

• 30 years

Maximum Age at Completion:

• Up to 80 years old

Minimum Loan:

• €50,000

Currencies Available:

• Euro mortgages available

Prepayment Penalties:

• From 0% and upward depending upon product chosen

Documentation required (minimum):

• Last six month bank statements
• P60 or equivalent
• Letter form accountant confirming tax paid (if self employed)
• Three years audited accounts (if self employed)
• Certified true copies of passports
• Two forms of address identification
• Completed application form
• Portuguese bank account details
• Property documentation
• Currently a birth certificate is required with the names of both parents on it

General Fees to Consider:

• These may include: Notary fees, Tax, Bank Charges and others