As of June 3, it will be possible to apply for the home renovation loan and subsidy, the terms of which have been eased by the government, according to the Ministry of National Economy.
The program was originally intended to increase the energy efficiency of single-family, semi-detached or terraced houses built before 1990, which are inhabited according to lifestyle, and which are connected to piped gas. However, according to the information provided by the relevant ministry, the connection of piped gas is excluded from the conditions, so owners of family houses where this has not yet been resolved can also apply.
Under the previous conditions, experts estimated the number of affected properties at 20,000. This number has thus increased significantly.
The budget for the program will be HUF 108 billion, which can be used for investments of up to HUF 7 million. Of these 7 million, the state will pay between HUF 2.5, 3 and 3.5 million, depending on the average salary in the given settlement. One million of the remaining part will have to be financed by the applicant, and the remaining HUF 2.5-3.5 million can be borrowed by those concerned in the form of a discounted loan. The term is a maximum of 10 years, which is to be understood together with the grace and availability period.
It is important to note: those who want to take advantage of this opportunity should not wait too long, because the state money pouring into the market can easily increase the price of raw materials and labor fees, so the support can be enough for fewer and fewer things.