240 result(s) for mortgage
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
Xpat Opinion: Low Real Estate Supply In Hungary
- 14 Nov 2012 8:00 AM
- property
Less than 10,000 apartments will be built in Hungary by the end of this year, while there is an annual demand for over 40,000, according to the National Statistical Bureau. If the stock of apartments is not renewed at the healthy rate of 1% per annum, the aging of real estate and consequent quality issues are bound to accumulate.
Hungary 's Financial Supervisor Orders AXA To Refund Clients
- 18 Sep 2012 9:00 AM
- business
The financial supervisory Pszáf has fined AXA Ft 5 million and ordered the bank to repay nearly Ft 44 million to 380 clients, after ruling that AXA illegally collected a fee on early mortgage repayments. AXA has already started to repay the money.
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Unemployement – An Inevitable Fact Of Life
- 10 Jul 2012 9:00 AM
- current affairs
It doesn’t matter how qualified or skilled you are; how long you have worked at your company; how good your relationships are with your boss and colleagues – nearly everyone will experience a period of unemployment in their working lives. This is now as certain as retirement and old age!
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Hungarian Banks Plan Force Sales Of 5,050 Homes
- 14 Mar 2012 8:00 AM
- property
"Hungarian banks have selected 5,050 homes for forced sale due to non-performing mortgages by the end of March, the financial supervisory Pszáf announced.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
Xpat Opinion: Latest Property Market Developments In Hungary
- 26 Nov 2012 8:00 AM
- property
1% of households surveyed by the Hungarian Economic Research Institute (GKI) definitely intend to buy or build a new home in the next 12 months. This is good news because this number was merely 0.3% in the spring of 2010. The record year was early 2008 when 3% of households had such optimistic plans.
Xpat Opinion: Low Real Estate Supply In Hungary
- 14 Nov 2012 8:00 AM
- property
Less than 10,000 apartments will be built in Hungary by the end of this year, while there is an annual demand for over 40,000, according to the National Statistical Bureau. If the stock of apartments is not renewed at the healthy rate of 1% per annum, the aging of real estate and consequent quality issues are bound to accumulate.
Hungary 's Financial Supervisor Orders AXA To Refund Clients
- 18 Sep 2012 9:00 AM
- business
The financial supervisory Pszáf has fined AXA Ft 5 million and ordered the bank to repay nearly Ft 44 million to 380 clients, after ruling that AXA illegally collected a fee on early mortgage repayments. AXA has already started to repay the money.
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Unemployement – An Inevitable Fact Of Life
- 10 Jul 2012 9:00 AM
- current affairs
It doesn’t matter how qualified or skilled you are; how long you have worked at your company; how good your relationships are with your boss and colleagues – nearly everyone will experience a period of unemployment in their working lives. This is now as certain as retirement and old age!
Hungarian State To Buy And Lease Back 25,000 Homes
- 28 Jun 2012 9:00 AM
- property
The state asset manager MNV expects to buy 8,000 homes from troubled mortgage debtors this year, 7,000 next year and 10,000 in 2014, according to a decree published in the official gazette Magyar Közlöny.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Hungarian Banks Plan Force Sales Of 5,050 Homes
- 14 Mar 2012 8:00 AM
- property
"Hungarian banks have selected 5,050 homes for forced sale due to non-performing mortgages by the end of March, the financial supervisory Pszáf announced.