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The continued attraction of Portugal for the British


The continued attraction of Portugal for the British
Living in the Algarve for 20 years while having more than 25 years worth of experience in advising expats has helped Gavin Scott to become one of the most well known and respected financial consultants in the Algarve and Portugal.
Gavin, a senior partner at Blevins Franks, first came to the Algarve with his family from Brunei in 2000. “We were looking for a financial adviser position in Europe where our eldest daughter (11 at the time) could find an international secondary school to avoid the prospect of boarding school as would have been the case in the Far East,” Gavin told The Portugal News. ....

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Mortgage interest rates at new low


Mortgage interest rates at new low
By TPN/Lusa,
in Business ·
26-02-2021 01:00:00 · 0 Comments
Implicit interest rates on mortgage loans fell in January for the fifth consecutive month, reaching a new historic low of 0.873%, according to data from the National Statistics Institute (INE).
In January, the implicit interest rate on housing loans fell 2.4 basis points compared to December 2020 to 0.897 percent, maintaining the downward trajectory that began in September 2020.
For the purpose of financing for house purchases, the most relevant in the set of mortgages, the implicit interest rate for total contracts fell to 0.892 percent, down 2.3 basis points compared to December. ....

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