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

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        (+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 buy a house and renovate
    Purchase a property and refurbish

    Mortgage loan to buy a house and renovations

    Found the right place but it needs work? With UCI mortgage loan to buy a house and renovations you can buy the property and finance the renovations.

    Apply for a mortgage

    One mortgage, endless possibilities!

    For those who want to buy a house and improve it. We've created the perfect solution by combining the acquisition and the renovation costs, all in the same mortgage. So you can buy the house and adapt it to make it truly yours!

    Why choose UCI mortgage loan to buy a house and renovations?

    • Tailored to you

      Tailor-made solutions

      Choose from different interest rate options: variable, mixed or fixed.

    • Flexible term

      Finance the purchase and the renovations

      Mortgage approval based on the property value after the renovations.

    • A single mortgage

      A single mortgage

      A single mortgage with the same interest rate on the purchase and renovations.

    Green mortgage
    Product
    GREEN MORTGAGE

    Upgrade your home and your mortgage

    Enjoy a 0.1% interest rate reduction on your mortgage interest rate if the renovation improves the house energy efficiency by at least 30%.

    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, mixed or fixed.

    Mortgage loan to buy a house and renovations characteristics

    • Purchase of a property for use as a main residence and second home.

    • Acquisition of a property for main residence: up to 90% of the house purchase value, according to applicant’s profile and guarantees provided.
      Acquisition of a property for other purposes: up to 80% of the house purchase value, according to applicant’s profile and guarantees provided.

    • 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.

      Fixed interest rate - Pay the same amount from the beginning to the end of the mortgage term.

    • 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 or 10 years (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.

      Fixed interest rate - Fixed interest rate of 10 years (agreed with UCI at the moment of signing and without addition of margin).

    • Opening fee of €312.00 (taxes included).
      Administrative and contract fees of €416.00 (taxes included).
      Property valuation fee of €221.00 (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 mortgage loan to buy a house and renovations

    • With this mortgage, it is possible to combine the financing of the property and the necessary renovation works into a single mortgage.

      At UCI, the advantage is that the same interest rate applies to the total amount of the mortgage (acquisition and renovations).

    • It means that there is just one mortgage that includes the financing amount needed for both the purchase and the renovation works.

    • The difference is that the mortgage loan to buy a house and renovations can include financing for the renovation works, in addition to the necessary amount for the purchase.

      Initially, the financing amount for the property purchase is released, and as the renovation works progresses, the funds for the works are released accordingly.

    • In order to get a mortgage loan to buy a house and renovations, it is required to have a construction budget from a building company with the estimated value for construction work.

      Based on the property value and the renovation budget, an estimated property valuation is established, and the mortgage is assessed accordingly.

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

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

    • Yes, it can be more cost effective because financing only for renovations may have a higher interest rate.

    • In addition to the usual documentation required for the analysis of the mortgage application, a construction budget from a building company with the estimated value for construction work is required.

    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

    A Rute e um espetáculo como profissional. Ela é competente, carinhosa, e muito prestativa. O Fernando é uma simpatia e muito atencioso. Só comecei esse processo por causa do jeito dele de ser.

    JUL 2025

    Carlos was amazing with great knowlage. He made the purshase enjoyable. He always made sure we understood exaclty what is happening.

    JUL 2025

    Claudia was extremely helpful in instructing us on what to do and pulling all of the required data together for a successful closing.

    JUL 2025

    Dada a minha particular situação foi extraordinária a forma como a UCI em particular a Patrícia Dores conduziu o processo de aquisição da minha nova casa Recomendo vivamente a UCI pela forma dedicada com que acompanha os...

    JUL 2025

    Estou muito satisfeito com o serviço, um acompanhamento bem personalizado, com disponibilidade total e um nível de esclarecimento acima da média.

    JUL 2025

    O serviço prestado pela UCI e especificamente pelo*** foi excelente, e pautou-se pela total disponibilidade, transparência e confiança num processo que durou bastante tempo.

    JUL 2025
    Discover what UCI customers have to say

    APR Variable Rate of 4.526%.

    Financing example for a Variable Rate Mortgage, for a total amount of €100,000.00, a purchase price of €130,000.00 and a mortgage term of 360 months, corresponding to 360 monthly repayments of €459,72. Loan indexed to Euribor for 6 months (2,050%), in force in July 2025, plus a spread of 1.640%, resulting in a variable Nominal Annual Percentage Rate of 3,690%, rounded to the thousandth. Total or partial early repayment fee of 0.5 % on the repaid capital. Total amount payable by the consumer of €179.443,46. Total credit cost of €79.443,46. 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 €227,46 (average annual value), compulsory multi-risk home insurance €152.05 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €221.00 (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).

    *Commission suspended until the 31st of December, 2025, in accordance with 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.

    APR Mixed Rate (5 years-Fixed Rate) of 5,146%.

    Financing example for a Mixed Rate Mortgage (5 year Fixed Rate) for a total amount of €100,000.00, a purchase price of €130,000.00 and a mortgage term of 360 months, corresponding to 60 monthly repayments of €494,28 and 300 monthly repayments of €464,20. Loan with fixed Nominal Annual Percentage Rate of 4.290%, in the first 5 years, in force in July 2025. In the following periods, the loan is indexed to Euribor for 6 months (2.050%), in force in July 2025, plus a spread of 1.640%, resulting in a variable Nominal Annual Percentage Rate of 3.690%, 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 €192.132,21. Total credit cost of €92.132,21. 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 €235,62 (average annual value), compulsory multi-risk home insurance €152.05 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €221.00 (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).

    *Commission suspended until the 31st of December, 2025, in accordance with 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.

    APR Mixed Rate (10 years-Fixed Rate) of 5,250%.

    Financing example for a Mixed Rate Mortgage (10 year Fixed Rate) for a total amount of €100,000.00, a purchase price of €130,000.00 and a mortgage term of 360 months, corresponding to 120 monthly repayments of €500,17 and 240 monthly repayments of €460,39. Loan with fixed Nominal Annual Percentage Rate of 4.390%, in the first 10 years, in force in July 2025. In the following periods, the loan is indexed to Euribor for 6 months (2.050%), in force in July 2025, plus a spread of 1.390%, resulting in a variable Nominal Annual Percentage Rate of 3,440%, 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 €194.291,76. Total credit cost of €94.291,76. 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 €236,97 (average annual value), compulsory multi-risk home insurance €152.05 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €221.00 (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).

    *Commission suspended until the 31st of December, 2025, in accordance with 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. 

    APR Fixed Rate (10 years) of 5.580%.

    Financing example for a Fixed Rate Mortgage (10 year Fixed Rate) for a total amount of €100,000.00, a purchase price of €130,000.00 and a mortgage term of 120 months, corresponding to 120 monthly repayments of €1.035,09. Loan with fixed Nominal Annual Percentage Rate of 4.490% in force in July 2025. Total or partial early repayment fee of 2% on the repaid capital. Total amount payable by the consumer of €129.102,11. Total credit cost of €29.102,11.

    Financing example for two 30-year-old holders. It includes the initial expenses with life insurance for 2 holders of €86,53 (average annual value), compulsory multi-risk home insurance €152.05 (average annual value), opening fee €312.00 (taxes included), administrative and contract fees €416.00 (taxes included), property valuation fee €221.00 (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 July 2025.

    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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