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

CSOK has still not taken grip, 27.09.2016. – The initial enthusiasm has ebbed and now CSOK (Family Home Allowance) does not seem to be such a success story after all. Real estate agents say the most serious problem is the sluggishness of the approval and disbursement procedure, which in turn causes extreme difficulties to construction contractors. CSOK is unlike a bank loan that you can apply for during the construction phase. The future allowance must be pre-financed either by the buyer or the developer. Most applicants are still waiting for their money even though they signed their contracts months ago. Banks regularly reject the documents, requesting new or additional information or amendments. On account of the poor experience of the past months developers and construction contractors are not happy to deal with CSOK clients and ask their real agents not to engage buyers who want to finance their purchase of a new apartment from CSOK.