Individual
financing options
for your new apartment
Our loan expert can help you identify the best financing option for your needs.
Payment structures
What types of financial support are available when purchasing our apartments?
For clients purchasing new apartments, we offer a range of payment scheduling options in order to provide the right scheme for everyone. You may achieve millions of HUF worth of discounts based on the payment schedule of your choice.
Housing loans
The purchase of our apartments can be supported by bank loans, state-supported loans and the Family Housing Support Program (“CSOK”).
In the case of new build apartments, clients can apply for a number of different forms of state aid and more favourable, market rate loans.
Should you have any questions about loans for apartments offered by Biggeorge Property, do not hesitate to contact our loan expert colleagues at HC Center. They are well-versed and in possession of up-to-date information, providing personalised credit administration services for clients.
Family Housing Support Program (“CSOK”)
The Family Housing Support Program is a non-reimbursable state subsidy. The grant amounts to no more than HUF 10 million and its precise amount depends on the purpose of the aid, the apartment’s total floor area and the number of existing and planned children.
The Family Housing Support Program (“CSOK”) can be requested for all apartments offered by Biggeorge Property with a total floor area of no less than 40 sqm.
What is the amount of the grant?
For detailed information, feel free to contact our consultant colleagues at HC Center Ltd.
Transfer fee
A further advantage is that the acquisition of new build properties purchased with the CSOK grant are exempt from transfer fees.
By default, the transfer fee amounts to 4 percent of the real estate’s purchase price.
Building savings
The savings accumulated through the building savings can be used for the purchase of new apartments, while also providing access to preferential loans.
For more information, please contact our consultants.
5% VAT on residential real estate
As of 1 January 2021, instead of the former 27%, only 5% VAT is due after the purchase of new build apartments.
The reduced VAT is applicable for apartments with a floor area of less than 150 sqm.
How can HC Center Ltd. help you?
Otthon Centrum Loan Center (HC Center Ltd.) is one of Hungary’s leading credit intermediaries with the most extensive network of banks and financial institutions in the country, supporting its clients with comprehensive and free credit and insurance brokerage services. One of the main tasks of the Loan Center is the intermediation of loans for the purchase, construction, expansion and renovation of used and second-hand real estate.
In 2014, Otthon Centrum Loan Center was involved in the intermediation of over HUF 16 billion worth of loans. Since its launch in August 2000, it has managed the loans and insurance coverage of over 12,000 satisfied clients. Instead of waiting for weeks, our well-versed consultants in possession of up-to-date information can provide details on the current borrowing and insurance coverage options in up to 30 minutes, helping clients identify the most appropriate arrangement.
When requesting credit administration services, we undertake to:
- Offer loan advice to provide an exhaustive analysis of the most suitable available arrangements.
- Perform the advance creditworthiness assessment of clients, which is identical to the bank certification process.
- Provide assistance in obtaining the necessary documents.
- Compile all the loan application documentation and have it reviewed by our partner bank.
- Provide continuous information on the process from submitting the documentation to the actual disbursement of the loan.
- Secure the insurance coverage requested by the client and required by the bank (contingency insurance, home insurance, life insurance, CASCO indemnity insurance, compulsory insurance).
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