JSD today defended the extension of the Public Guarantee beyond 2026 and its extension to the construction of the first and permanent housing, as well as the maintenance of IMT and Stamp Tax exemptions.
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28/09/2026
by
Lusa
public guarantee
In a statement, the young Social Democrats challenge “all parties with parliamentary representation to state clearly whether they defend the continuity of these measures and the extension of the Public Guarantee to construction”.
According to JSD, by the end of June, more than 112 thousand young people benefited from IMT and Stamp Tax exemptions, with an average benefit of around EUR 6,500 per property, and more than 40,000 public-guaranteed housing credit agreements were concluded, with an overall amount of EUR 8.3 billion.
JSD is now moving forward with another proposal, “that the Public Guarantee can also be used by young people who choose to build their first and permanent housing”.
“ Those who choose to build their first home should not be excluded from an instrument created precisely to help young people overcome the difficulty of raising equity for the entry of their respective loans”, they argue.
For JSD, “the response to the housing crisis requires more offer and better access to the first house”.
On the possible impact of support on prices, young Social Democrats maintain that “there is no evidence of a causal relationship between these measures and the rise in housing prices, as was also recognised by Finance Minister Joaquim Miranda Sarmento”.
The Public Guarantee for house purchase provides that the State may grant a guarantee to credit institutions with a view to making it possible to provide credit for own and permanent housing for young people up to 35 years of age.
The guarantee can reach up to 15% of the capital contracted and is valid for 10 years.