ADVERTISEMENT

Loans Encouraging Some to Renovate, Most Worried About Difficulties

Banking

Shutterstock.com

The possibility of state-subsidized loans encourages 23% of Hungarians to embark on renovation works, but almost everyone (93%) is somewhat afraid of the difficulties that arise when taking out a loan, according to Velux Hungary's research.

According to profitline.hu, the possibility of a free professional consultation reassures many, and it can also help the country achieve the targeted 30% reduction in primary energy consumption during the renovation by making the right decisions.

Velux surveyed Hungarians' renovation plans at the beginning of the year and after the announcement of the home renovation program.

The data shows that many people are open to renovation projects that also develop energy efficiency, but while financial constraints were noticeable at the beginning of the year, after the preliminary announcement, it was the uncertainty regarding the details of the program that most worried the respondents.

Number of Doctors per 10,000 Inhabitants Reaches 44 Figures

Number of Doctors per 10,000 Inhabitants Reaches 44

Viktor Orbán Visits Donald Trump in Florida Int’l Relations

Viktor Orbán Visits Donald Trump in Florida

Hungarian Unis Advance in QS Ranking Science

Hungarian Unis Advance in QS Ranking

White Party at The Duchess Coming This Weekend Drinks

White Party at The Duchess Coming This Weekend

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 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.