Arranging your non-resident mortgage in Hungary

Hungary has been a member of the European Union since 2004 and has seen significant investment and economic growth. Mortgages in Hungary are offered on a bespoke basis in Euro, Sterling or Hungarian Florint.

Lending is based on affordability and this does not include any rental income from the property to be purchased.

• Types of mortgage: Repayment only
  
  
• Minimum loan amount: HUF 1,000,000
  
  
• Maximum: none, but must not exceed 70% of the valuation or purchase price (whichever is the lower)
  
  
• Term: maximum 20 years up to age 65 (10 years if through a Hungarian company) 

• Proof of income is required in all cases:
• • If employed - copies of your last six months' payslips and copies of your latest two P60s plus copies of your last 6 months' personal bank statements
  • If self-employed -  copies of your last three years' audited acounts and copies of both your last 12 months' business and last 6 months' personal bank statements