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Deadline Looming for Extending Bank Mortgage Moratorium

Hungarians have until October 31 to request an extension for a moratorium on mortgages that has been in effect since last year, but only debtors in “difficult financial circustances” such as pensioners and unemployed persons will be eligible for it.

If approved, those applying for an extension to the moratorium will be exempt from having to pay monthly installments on their mortgages until June 30, 2022. []

Posted in Domestic

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