The government sets a cap on notary fees when buying real estate



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The government will maximize notary fees for the property purchase, the minister without portfolio for families said in the Kossuth Radio Sunday Newspaper.

Katalin Novák said that the objective is not to be able to ask for any amount if someone buys a property and applies for a loan.

This can save families tens of thousands of florins.

Starting in January, the housing tax will be reduced to 5 percent, and in the case of real estate purchased with a family home discount (check), this 5 percent will also be recoverable.

Katalin NovákSource: MTI / Lajos Soós

With this and the tax exemption, you can save HUF 15.5 million when buying a HUF 50 million property.

In addition to providing a tangible opportunity for a young couple to start a family on their own, the home building program also energizes the construction industry, helping the economy grow.

Katalin Novák said.

Starting in January, you can even take out the full amount of the check and a soft loan, which will install the attic of a single-family house and thus create a home with a separate entrance.



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