Hungary Introduces Discounted Loan Scheme for First-Time Home Purchases
Hungarian Prime Minister Viktor Orbán has unveiled a new discounted loan scheme offering first-time homebuyers up to HUF 50 million at a fixed 3 per cent interest rate for up to 25 years, aiming to curb rural migration and help families enter the housing market amid rising property prices. The programme applies nationwide with no age limit and requires only a 10 per cent down payment.
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