Nine out of ten people have heard of the home improvement grant, and 86 percent of them have also heard of the home improvement loan. The respondents are not only aware of the subsidies, but also use them - it is clear from the representative research of the Mária Kopp Institute for Population and Families (KINCS), which was conducted in August after surveying 1,000 people.

So far, nearly 33,000 people have applied for the home renovation grant, and more than 7,500 families have also applied for the home renovation loan.

One fifth of the respondents (21%) stated that their friends or acquaintances have renovated their homes this year or are planning to renovate their homes in the near future.

In the case of 14 percent of them, works are already underway, and 4 percent have already been completed. The results show that the largest proportion of 18-49-year-olds and those raising minor children have renovated their homes this year or are planning to do so within a year. Three out of ten respondents (31%) spent HUF 1-3 million, and two out of ten between HUF 3 and 6 million for renovations. Respondents with children spent twice as much (19%) over HUF 6 million on works as those without children (8.4%).

31 percent of those who stated that they renovated their apartment this year or plan to do so in the near future have taken or will take advantage of the home renovation subsidy (up to a maximum of HUF 3 million). Another 15 percent chose the state-subsidized home renovation loan (up to HUF 6 million), and 16 percent opted for the bank loan.

A third of the respondents take or have used some kind of help from family, relatives or friends for the renovation.
Renovation works mainly affect the interior (65%), painting, insulation (64%) and bathroom renovation (51%) are most typical. Almost a fifth of the respondents have installed air conditioning or are planning to install it. And every tenth respondent has installed or plans to have a solar system installed .

Overall, we see that the measures related to home renovation introduced by the government - the home renovation subsidy and the home renovation loan - contribute to the fact that Hungarian families raising children are brave enough to undertake a renovation. Many people have already heard about these options, know them and use them, which can have a positive effect on starting a family or wanting to have more children.

Source. Mária Kopp Institute