Lawyer's addressLövőház utca 20/A.
1024 Budapest Hungary

Attorney's phone number Tel.: +36 1 316 9233
Law office's fax number Fax.: +36 1 336 0107
Attorney's office e-mail info@drlittner.hu

Surprising news re: Family Home Allowance (CSOK)

napi.hu, 29.08.2016 – Hardly anyone has bought a new home using the Family Home Allowance (CSOK) yet, despite the fact that more than ten thousand applications have been registered so far. At the same time, the price of new homes has increased way beyond expected and reasonable levels since the new scheme was announced. Estate agents say they have “not seen a living soul who had actually bought a new home using an approved CSOK application”. Home prices surged since the introduction of CSOK, but a larger number of new houses and apartments at CSOK-conform prices and floor spaces will be completed next year only. Another handicap of CSOK applicants is that cash buyers are quicker to pay and snap up the best deals.