Listen to the audio version of this article (generated by AI).
Listen to the audio version of this article (generated by AI).
Panyi said the processing of those applications was proceeding smoothly.
He added that borrowers were showing interest in the programme across the country. He said hundreds of Home Start loans had already been disbursed, adding that detailed programme data would be available from mid-October.
He highlighted competition among lenders, noting that three banks were offering Home Start loans under the 3pc threshold, while all banks were offering discounts to eligible borrowers.
Panyi said 30,000 applications for home building permits had been submitted in recent weeks and another 10,000-15,000 could follow in coming weeks.
He added that the number of home listings had climbed 20-30% year-on-year in September.
He said the increase in home rental rates had ceased and had even decreased in places. The Home Start mobile application has been downloaded 30,000 times.
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.
