US EditionDetails Revealed About the Brand-New Home Buying Scheme Set to Boost the Property Market in Hungary
11 Articles
11 Articles
According to the research institute's analysis, the factors influencing housing prices over the past 10 years have pointed towards a cooling of the housing market. The government's program may now reverse this trend.
The most important message of the Home Start Program, although it is not age-related, is that it can help young people buy their first home. The government provides a fixed 3 percent, 25-year subsidy option for this.
Details revealed about the brand-new home buying scheme set to boost the property market in Hungary
The government has published a draft decree on the Home Start Programme, a subsidised credit scheme for first-time home buyers. New programme can boost property market In a statement issued late Monday, the Prime Minister’s Office said the programme targeted primarily young Hungarians, adding that it could help tens of thousands buy their first home in the coming years. The 3pc fixed-rate credit up to HUF 50m will be available, from September 1,…
The new, state-subsidized home loan of the Otthon Start program opens up the possibility of owning your own home for many people. But is it a disqualification if someone already has or has had a home? What restrictions and concessions does the draft law contain?
The preferential conditions for acquiring first-time home ownership were put up for public debate.
The government has submitted a draft decree containing the detailed rules of the Otthon Start home loan for public consultation. The most important conditions remain unchanged, but the document also answers several previously open questions.
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