26 result(s) for repayment in Property
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
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 ...
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 ...
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Mortgage Scheme Boosts Home Sales In Hungary
- 12 Jan 2012 10:30 AM
- property
"Home sales reached 8,700 in December, 35% above the monthly average for January-October, according to estimates by estate agency Duna House. The number of transactions was boosted by the early repayment scheme for foreign-currency mortgages, due to forced sales, the agency observed.
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
CEE Property Markets: Stalled Recovery Or The Beginning of Another Recession?
- 18 Dec 2012 8:00 AM
- property
According to KPMG’s new publication CEE Property Lending Barometer 2012, banks appear to be even less sanguine about a recovery of the real estate market. To assess the prospects for bank financing in the CEE real estate sector, KPMG surveyed 35 of the region’s leading banks. Despite the gloom, real estate projects with a strong business case do receive finance. It’s a typical scene in the region.
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 ...
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 ...
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
Glut Of Unsold Homes Declines In Budapest
- 17 Feb 2012 8:06 AM
- property
"The number of unsold homes in Budapest fell to 3,100 in January from a peak of 3,800 in 2009, according to OTP mortgage subsidiary OTP Jelzálogbank. This year home builders expect to break ground on 2,000 new units, after 2,500 homes were built last year.
Mortgage Scheme Boosts Home Sales In Hungary
- 12 Jan 2012 10:30 AM
- property
"Home sales reached 8,700 in December, 35% above the monthly average for January-October, according to estimates by estate agency Duna House. The number of transactions was boosted by the early repayment scheme for foreign-currency mortgages, due to forced sales, the agency observed.