Details of the government’s Home Start Program will be posted on a dedicated home page, accessible through the government website kormany.hu, from the weekend, Gulyás said.
He said the government had decided, after social consultations, to extend eligibility for the Home Start Program to Hungarians who live in Hungary but commute to work in neighboring countries.
The government also took a decision to cap bank fees for the credit at HUF 30,000, he added. The scheme, to launch from September 1, will offer fixed 3% home loans to Hungarians over 18 who have worked for two years and paid their social security contributions.
Social security contributions paid in neighboring countries for cross-border commuters will meet the requirement.
The loans, up to HUF 50 mln, may be used for new or resale homes, and small farms.
Producing journalism that is worthy of the name is a costly business. For over 30 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.
