Banks will now have to provide fixed rate offers in their home loan portfolio, announced today Prime Minister António Costa, at the end of the Council of Ministers that approved the “More Housing” package.
“All banks must offer fixed-rate loans in their portfolio, in housing loans”, said the Prime Minister, signaling that with this measure it will no longer be possible, as it is currently, for financial institutions not to make this offer available.
The package of measures approved today provides for the provision of more land for housing construction, incentives for private construction and tax incentives for landlords to place houses on the rental market, in addition to support for young people to be able to rent a house.
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