Locking mortgage payments will ‘increase long-term cost’ – BPI

The chairman of bank BPI has said today that only customers with difficulties should join the scheme that allows the fixing of mortgage instalments because, despite the immediate relief, there is an increase in the total amount that will have to  be paid for the loan. When asked about the scheme coming into force this Thursday, João Pedro Oliveira e Costa said that “those in difficulty and not everyone else” should join this scheme because “they will pay for this relief later on”…