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    • Direct Line UCI
      Working days from 09:00 to 18:00 (GMT)
        (+351) 213 002 042

        (Cost of a domestic landline call)

        (+351) 932 442 604

        (Cost of a mobile landline call)

    • Contact us
      Direct Line UCI
      Working days from 09:00 to 18:00 (GMT)
        (+351) 213 002 042
        (Cost of a domestic landline call)
        (+351) 932 442 604
        (Cost of a mobile landline call)
    Mortgage Request
    Contact us Mortgage Request
    Mortgage to build a house
    Construction

    Mortgage loan to build a house

    Build the home of your dreams from scratch, turning your dream project into a reality.

    Apply for a mortgage

    For those who dream big

    How big is your dream house? How many rooms does it have? What color is it? Will it have a garden? If you could build your own home, what would it look like? With UCI mortgage loan to build a house, you get the freedom and the financing to create the house you've always dreamt of.

    Why choose UCI mortgage loan to build a house?

    • Tailored to you

      Tailor-made financing

      Receive the money in tranches as the construction progresses, so you get what you need, when you need it.

    • Up to 2 years to finish the construction

      Up to 2 years to finish the construction

      Take your time. You have up to 2 years to finish your home, with capital released as needed.

    • Installments according to the disbursed capital

      Your monthly payments are calculated based on the amount of capital actually released.

    • Interest only

      Interest only

      Reduced installments during construction by paying just the loan's interest for 2 years.

    A new property for a greener future
    Product
    VIVE GREEN BENEFITS

    A new property for a greener future

    Enjoy a 0.1% interest rate reduction on your mortgage interest rate on mortgages loans for construction of new properties with an A+ or A house energy rating.

    Apply for a mortgage!

    Choose the best option for your case

    Whether you're looking for flexibility or stability, UCI helps make your home purchase a reality with diferent interest rate options: variable or mixed.
    • Variable rate

      Variable Rate

      • Go with the flow.
      • A variable interest rate indexed to the 6-month Euribor.
      • Minimum mortgage term of 7 years, maximum of 35 years.
      See conditions
    • Mixed rate

      Mixed Rate

      • Start steady, then stay flexible.
      • A fixed interest rate for an initial period of 5 or 10 years.
      • Minimum mortgage term of 7 years, maximum of 35 years.
      See conditions

    Mortgage loan to build a house characteristics

    • Self-construction for use as a main residence and second home.

    • Depending on the construction value of the property.

    • Variable interest rate - Constant monthly payments with 6-month rate revision.

      Mixed interest rate - Pay the same during the fixed interest rate period. After the fixed rate period, the loan becomes effective with constant monthly payments with Euribor 6 months.

    • Minimum of 7 years and maximum of 35 years. Up to 75 years (limit age of the oldest applicant at the end of the loan).

    • Variable interest rate - Variable interest rate (Euribor six-month) plus margin. Margin is defined according to the loan terms.

      Mixed interest rate of 5 (agreed with UCI at the moment of signing and without addition of margin). After the fixed rate period, the loan becomes effective with constant monthly payments with Euribor 6 months. Margin is defined according to the loan terms.

    • Opening fee of €312.00 (taxes included).
      Administrative and contract fees of €416.00 (taxes included).
      Property valuation fee of €234.00 (taxes included).
      Solicitor services of €389.48 (taxes included).

    • Commission suspended until the 31st of December, 2025, in accordance with article 7 of the Decree-Law no. 80-A/2022 of 25 November (amended by Law No. 1/2025, of 6 January).

      This suspension applies to loan agreements for the purchase or construction of a permanent home, covered by the Decree-Law no. 74-A/2017 of 23 June, regardless of the amount outstanding, whenever the early repayment occurs during the variable rate period.

      Depending on the evolution of the index, the interest rate applied to the mortgage loan contract may be negative under the terms of Law no. 32.2018, of July 18.

    • Documentation for analysis of the mortgage loan application.

    How does it work?

    1

    Apply for a mortgage

    Start your mortgage online! Use our form to apply for your UCI mortgage loan to buy a house.

    2

    We will contact you

    A mortgage specialist will get in touch to learn more about your home buying project and to answer your questions.

    3

    We study your case

    With the required documentation, our team of experts will study your mortgage request and provide you a quick response.

    4

    We finance your home

    Once we've found the right solution, we'll go with you till the deed, helping you on every step of the buying process.

    Frequently asked questions about UCI mortgage loan to build a house

    • This mortgage solution helps you finance the construction of a new home.

      It requires owning a plot of land with planning permission, as well as the approved construction project and construction license.

      The financing is granted based on the estimated construction value and is released in tranches, based on how the construction progresses.

    • A mortgage loan to build a house is exclusively for finance de construction of a new property, whereas a traditional mortgage is intended for existing properties. In a mortgage loan to build a house, the loan is released in tranches as the construction progresses, while in a traditional mortgage, the full amount is released on the day of the deed.

    • To apply for mortgage loan to build a house at UCI, you must own a plot of land with the appropriate permits. To assess the financing, the following documents must also be provided: approved construction project, construction license by the City Council, the builder's contract, budget with the estimated construction value and the construction timeline.

    • You will receive the money in tranches as construction progresses. We’ll schedule inspections, and as each phase is completed, the corresponding funds are made available.

    • During the construction you only pay on the amount effectively released. In other words, repayments are calculated based on the amount that has been released, not on the total mortgage amount.

    • No. UCI's mortgage loan to build a house covers only the building project and not the purchase of the land. Ideally, you should already own the plot of land.

    • In addition to the usual documentation required for the analysis of the mortgage application, the following documents are required for a construction mortgage:

      • ✓ Deed of the land;
      • ✓ Approved construction project;
      • ✓ Builder's contract, budget with the estimated construction value and the construction timeline;
      • ✓ The building permit and the proof of payment issued by the City Council.

      Help & Resources

      Whether you're just starting out or already deep into the process, we’ve gathered guides, calculators, videos, and articles to help you make smart, decisions and answer your questions.

      Blog
      Blog

      News, tips and articles about mortgages loans

      Stay up to date with the latest tips, news and articles about mortgages loans for buying a house on our Blog. Whether you're a first-time buyer or just looking to stay in the know, we’ve got you covered.

      Visit our blog
      CUSTOMER REVIEWS

      A mortgage specialist you can trust

      Our customers' opinions
      4.9/5
      + THAN 5000 OPINIONS

      Toda a atenção o cuidado e a total disponibilidade demonstrados pela *** no acompanhamento do nosso processo de financiamento foram absolutamente exemplares Este é já o segundo financiamento que contrato com a UCI e não poderia estar...

      JAN 2026

      Gostaria de agradecer imensamente ao *** por toda a dedicação e cuidado na análise das minhas contas A sua atenção redobrada indo muito além do que era esperado no serviço fez toda a diferença para que o...

      JAN 2026

      I have purchased six homes in my lifetime and Muriel is without question the best loan agent I have ever worked with Her work ethic and dedication to her craft are unmatched She proactively identified and resolved...

      JAN 2026

      Foi uma ótima experiência trabalhar convosco e ter o meu caso tratado de forma profissional e atempada.

      JAN 2026

      Estou muito satisfeito com o serviço que me foi prestado!

      JAN 2026

      Satisfeito com a rapidez e o profissionalismo com que o meu processo foi tratado.

      JAN 2026
      Discover what UCI customers have to say

      APR Variable Rate of 4.389%.

      Financing example for a Variable Rate Mortgage with interest-only during 24 months, for a total amount of €100,000.00, a purchase price of €170,000.00 and a mortgage term of 360 months, corresponding to 24 installments paying only the interest of 314.92€ and 336 monthly repayments of €482,77. Loan indexed to Euribor for 6 months (2,139%), in force in January 2026, plus a spread of 1.640%, resulting in a variable Nominal Annual Percentage Rate of 3,779%, rounded to the thousandth. Total or partial early repayment fee of 0.5 % on the repaid capital. Total amount payable by the consumer of €176.780,31. Total credit cost of €76.780,31. The interest rate applied can be negative depending on the evolution of the respective index.

      Financing example for two 30-year-old holders. It includes the initial expenses with life insurance for 2 holders of €284,82 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €234.00 (taxes included), stamp duty on the agreement €600.00, registration fees €240.00, notary fees €153.75 (taxes included), solicitor services €389.48 (taxes included). 

      APR Mixed Rate (5 years-Fixed Rate) of 4,923%.

      Financing example for a Mixed Rate Mortgage (5 year Fixed Rate) with interest-only during 24 months, for a total amount of €100,000.00, a purchase price of €170,000.00 and a mortgage term of 360 months, corresponding to 24 installments paying only the interest of 357,50€ and 36 monthly repayments of €511,79. During the period between the 61st installment and the end of the contract, the installment will be reviewed every six months and calculated based on the nominal annual interest rate in force and the principal due on that date. Loan with fixed Nominal Annual Percentage Rate of 4.290%, in the first 5 years, in force in January 2026. In the following periods, the loan is indexed to Euribor for 6 months (2.139%), in force in January 2026, plus a spread of 1.640%, resulting in a variable Nominal Annual Percentage Rate of 3.779%, rounded to the thousandth. Total or partial early repayment fee of 2% on the repaid capital in the fixed rate periods and 0.5% in the variable rate periods*. Total amount payable by the consumer of €187.601,52. Total credit cost of €87.601,52. The interest rate applied can be negative depending on the evolution of the respective index.

      Financing example for two 30-year-old holders. It includes the initial expenses with life insurance for 2 holders of €292,56 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €234.00 (taxes included), stamp duty on the agreement €600.00, registration fees €240.00, notary fees €153.75 (taxes included), solicitor services €389.48 (taxes included). 

      The UCI Mortgage Loan is a mortgage-secured loan agreement. This information does not constitute a financing offer nor does it exempt the customer from consulting the product's full conditions. Conditions applicable to Mortgage Loan contracts. If the loan is granted in foreign currency, the instalments may increase due to variations in the applicable exchange rate. APR calculated according to Decree-Law no. 74 A/2017, of 23 June. Information updated on 1 January 2026.

      For more information, see UCI. Unión de Créditos Inmobiliários, S.A., Estabelecimiento Financiero de Crédito (Sociedad Unipersonal) – Sucursal em Portugal is a financial institution branch with head office in the European Union registered with Banco de Portugal under number 403 (UNION DE CRÉDITOS INMOBILIÁRIOS, S.A., ESTABLECIMIENTO FINANCIERO DE CREDITO (SOCIEDAD UNIPERSONAL) - SUCURSAL EM PORTUGAL | Banco de Portugal (bportugal.pt)) which acts in compliance with the principles of legality conferred upon it in terms of advertising and consumer information, namely by Notice no. 5/2024 of Banco de Portugal, which establishes the information and transparency duties to be observed by credit institutions and financial companies on the advertising of financial products and services.

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