66 result(s) for loans in Property
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
Home Sales Up 10% In February
- 2 Mar 2016 8:00 AM
- property
More than 11,900 homes changed hands in Hungary in February, up more than 10% from the same month a year earlier, real estate broker Duna House said on Tuesday, based on estimates.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.
President Returns Home Building Societies Law To Parlt For Review
- 25 Mar 2016 8:00 AM
- property
President János Áder sent back a recent law aimed at establishing subsidised home building societies to parliament for a review, the president’s office reported. Lawmakers passed the governmentinitiated legislation a week ago. Under the law, members of home building societies would make regular contributions to the organisation, and also receive a 30% match from the central budget up to 25,000 ...
Home Sales Up 10% In February
- 2 Mar 2016 8:00 AM
- property
More than 11,900 homes changed hands in Hungary in February, up more than 10% from the same month a year earlier, real estate broker Duna House said on Tuesday, based on estimates.
Land Management Fund Signs Cooperation Agreement With Banks
- 24 Dec 2015 8:00 AM
- property
The National Land Management Fund (NFA) said it signed a cooperation agreement with eight commercial banks on providing preferential loans for farmland purchases to farmers who bought lands at auctions. Raiffeisen Bank, Unicredit Bank Hungary, Erste Bank Hungary, FHB Kereskedelmi Bank, Oberbank AG, Granit Bank, Budapest Bank and Magyar Takarékszövetkezeti Bank signed an agreement with NFA.
Report: 20% Percent Of Hungarian Homebuyers Apply For Loans
- 4 Sep 2015 9:00 AM
- property
Approximately 20% of those purchasing homes in Hungary use loans to complete the purchase, while 10% participate in the expanded home purchase subsidy scheme for families (CSOK), real estate broker Duna House reported yesterday, citing their own data. On average, homebuyers borrow HUF 6.5 mln, while those involved in the CSOK program borrow HUF 7.4 mln.
Positive Economic Outlook Key To Construction Sector Upswing In Hungary
- 6 May 2015 9:00 AM
- property
The major improvement in Hungary’s economic outlook has led to the emergence of the real estate market and construction sector from the doldrums, Economy Minister Mihály Varga told a conference. The construction sector can only add new real estate in places where there is confidence about the future of the economy, Varga told the conference organised by business daily Napi Gazdaság, adding that ...
Hungary’s Top Court Rejects Request To Annul Parts Of Retail Loan Contracts Law
- 30 Jan 2015 8:00 AM
- property
Hungary’s Constitutional Court has rejected a request to annul some parts of legislation on retail loan contracts. The Metropolitan Appeals Court had submitted the request in connection with court cases involving four banks. The request was made based on the argument that the legislation violated the principles of the division of power and legal security.
Hungarian Analysts’ Views Differ On Outlook For Forint Conversion Of FX Loans
- 11 Nov 2014 8:00 AM
- property
Analysts interviewed by MTI gave differing views on how successful the forint conversion of foreign currency loans could be. András Balatoni of ING Bank said borrowers would be happy to opt for the forint conversion to reduce their foreign currency exposure.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian National Bank Earmarks €3bn To Phase Out Forex Loans
- 26 Sep 2014 9:00 AM
- property
The National Bank will make €3 billion available from its foreign-currency reserves to help banks to compensate foreign-currency borrowers and to convert such loans to forint loans in the future, CEO Márton Nagy announced yesterday.