The home renovation scheme announced by the government offers an excellent opportunity for a great many families. The grant of up to 3 million forints sounds very good, so we’ve looked into what the conditions are.
Basic conditions
This option is aimed at those who their current home I would like to renovate, extend, modernise or improve the property. Married couples, cohabiting partners and single parents can all apply for the grant. One of the minimum requirements is that at least one child The family must bring them up. It is important that a foetus that has already reached its 12th week also counts, and the a child up to the age of 25 The call for applications applies provided that the child still lives with their family. In the case of parents with reduced working capacity, those with a disability, or those entitled to GYOD, the child’s age is irrelevant. In the case of divorced parents However, if they share the responsibility for bringing up the child equally, they can share the benefit between them.
A further condition for eligibility is that at least one year of continuous social security coverage provided that the person in question is eligible. This includes employment – which has been interrupted for a maximum of 30 days in the past year – enrolment in higher education, work whilst in receipt of a pension, and, for the last three months, jobseeker’s allowance is also taken into account.
It is also a basic requirement that applicants free of public debt they must be.
What can the grant be used for?
A In the case of refurbishments that began after 1 January 2021 It is possible to make a living from home renovation grants. Both the cost of materials and labour The amount can be converted.
Of course You need to keep your receipts, so a contract must be concluded with each contractor involved. An extremely simple standard contract template will be made available for this purpose, if required. The collected invoices and contracts will then need to be submitted to the Hungarian State Treasury in order to claim the grant.
The A claim may be made for the cost of materials and labour in equal proportions, i.e. a maximum of 1,500,000 forints for materials and 1,500,000 forints for labour. The state is covering half the cost of our refurbishment, so we have to cover the 50% excess ourselves.
The money was provided by the renovation contractor the family must be paid in advance, and the grant can be claimed retrospectively from the Hungarian State Treasury. The entire administrative process can also be completed electronically. The process is as follows: Once the work has been completed, The collected invoices must be submitted within 60 days to the Hungarian State Treasury (MÁK). MÁK must, within a period of You have 30 days to make a decision. At this stage, they check whether the applicants actually meet the eligibility criteria for the grant, and if everything is in order, It will be paid out within 5 days the amount of the grant. This means that, once the invoices have been submitted, you will have to wait 35 days for the grant to be paid.
Inspections are highly likely to take place, which means that the within 6 months of use is expected. It will be the responsibility of government agencies to check whether the renovation work has actually been carried out.
