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Nearly 100,000 Couples Register for Home Purchase Subsidy Program

Ábrahám Vass 2019.04.01.

Nearly 97,000 applications have been submitted for the Home Purchase Subsidy Scheme for Families with children (CSOK) since its outset in July 2015, 24.hu reports.

In total, 97,000 applications have been submitted, totaling Huf 281 billion (Eur 892 million). As of today, 85,000 contracts have been signed and the state has paid out HUF 219 billion (Eur 695 million).

Four hundred and eighty-two couples applied for the amount due for three children (Huf 10 million- Eur 31,700) despite having none at the time of submission.

Data shows that CSOK’s popularity has grown steadily over recent years: in 2015, 10,000 applications were received; in 2016, 26,000 and in 2017, more than 30,000.

However, it appears this trend may be in danger as a little less than 30,000 applications were submitted last year.

Possible Effects of the Family Support Package

You can read more about CSOK and home purchasing here and here.

featured image via MTI/ Tamás Sóki