António Costa: Banks will now have to provide a fixed rate offer on home loans

“All banks must offer fixed-rate loans in their portfolio, in housing loans”,

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.

 

Read also

Owners who sell houses to the State or municipalities exempt from capital gains

Government will stop granting “gold” visas, announces António Costa

Government prohibits new Local Accommodation licenses and limits rent increases in new contracts

Government will simplify municipal licensing and penalize delays in issuing opinions

Government approves credit line for municipalities to carry out works on vacant houses

Autonomous IRS rate on house rents will drop from 28% to 25%

 



Comments

Ads