Many can benefit from Wekerle Plus, but there are a few pitfalls to watch out for

The Wekerle Plusz program introduces stricter requirements compared to its predecessor, Otthon Start, but also offers new benefits for certain applicants. Notably, it eliminates the two-year social security requirement, making it easier for job seekers and those returning from abroad to qualify. The property value limit for existing homes has increased from 15 million to 30 million HUF, benefiting those with lower-value properties. Additionally, cohabiting partners can now apply for loans together, unlike before when only married couples could. However, this change comes with risks, particularly regarding residency obligations if the relationship ends within the first five years. The program aims to stabilize the housing market while providing more accessible financing options.

Fact-check this story: paste the text or link into Justifact and get a verdict with the sources consulted.