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  • October 1, 2014
  • Last updated: 11:26pm
Hong Kong




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Results 1 - 10 of 21 for mortgage fraud

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  1. Property - Hong Kong & China - BRICKS & MORTAR

    What can the government really do about home prices in Hong Kong?

    Posted Aug 11th 2014, 11:07am by Yvonne Liu

    ... Now we are paying the price The measures can't have much impact in the face of low interest rates, which mean the monthly mortgage payment is not a big burden to buyers and investors. Upgraders are also reluctant to sell the flats they live in. It is difficult for them to buy a new flat because the government has tightened mortgage requirements, and prices of three-bedroom flats ...

  2. Property - Hong Kong & China - BRICKS & MORTAR

    China can’t count on old tactics to revive property market

    Posted Aug 04th 2014, 11:43am by Langi Chiang

    ... the city government decided to reimburse 3 per cent of mortgages to lenders granting loans at or below benchmark rates until the end of this year. So far, about 30 cities have relaxed home purchase ... on mortgages. langi.chiang@scmp.com ...

  3. Property - Hong Kong & China - BRICKS & MORTAR

    Second-hand market full of surprises

    Posted Jun 17th 2014, 05:14am by Yvonne Liu

    ... in February last year did help rein in an overheated property market, with the double stamp duty and a tightening up on mortgage lending keeping investors and mainland buyers away from the market. ... economic conditions, flat owners have no motivation to sell their flats. With current mortgage rates low, many flat owners have strong holding power and are under no financial pressure to sell ...

  4. Property - Hong Kong & China - BRICKS & MORTAR

    Tweaking of stamp duty won’t lead to big boost in home sales

    Posted May 19th 2014, 12:06pm by Yvonne Liu

    ... cooling measures, end-users have found it difficult to buy a flat because banks have tightened the requirements for mortgage loans. Banks will approve loans of only up to 60 per cent ... be constrained by the tightened mortgage requirements. Not many can afford to pay the mortgages of two flats or pay for one and the rent for another at the same time. Only cash-rich investors would ...

  5. Property - Hong Kong & China - BRICKS & MORTAR

    Young homebuyers in China can't be too proud to accept parents' help

    Posted Apr 14th 2014, 11:52am by Langi Chiang

    ... but sometimes includes the monthly mortgage instalments. No data is available to gauge the exact proportion of the age group in this category, but the topic is very popular, ranked as the third-hottest ... if I could take a mortgage loan," Yao wrote. "I rejected it after serious consideration. As a result, I could no longer afford one afterwards." Oriental Manhattan is now trading ...

  6. Property - Hong Kong & China - BRICKS & MORTAR

    Government should not forget Hong Kong’s middle class when increasing supply of flats

    Posted Mar 03rd 2014, 11:48am by Yvonne Liu

    ... the doubled stamp duty of 7.5 per cent, or HK$543,750, to buy such a flat if it already owns a property. As mortgage lending has tightened, a family will be able to get a bank loan of only up to 60 ... of middle-income families by easing up on mortgage restrictions and allowing bigger flats to be built. It could also extend the period during which purchasers of flats can sell their existing ones ...

  7. Property - Hong Kong & China - BRICKS & MORTAR

    Affordable homes remain a distant dream despite curbs

    Posted Dec 10th 2013, 02:58am by Yvonne Liu

    ... year from 5 per cent now. This is bad news for average homebuyers as they will have to prepare more of a down payment or find it difficult to obtain a mortgage loan. Even if they can get ... are not willing to cut asking prices as the mortgage rates for their units are low. Many people have hoped the price of second-hand homes would drop following the increase in new housing supply and price ...

  8. Property - Hong Kong & China - BRICKS & MORTAR

    Policymakers must heed homeowners seeking to upgrade

    Posted Dec 31st 2013, 01:13am by Langi Chiang

    ... of homes of less than 90 square metres. Policies requiring bigger deposits and higher mortgage rates for a second home act as a strong disincentive to upgraders. Then, for buyers in Beijing, factor ...

  9. Comment - Insight & Opinion - BRICKS & MORTAR

    Foreign buyers seen eyeing rural land

    Posted Dec 17th 2013, 01:04am by Peggy Sito

    ... is Beijing's policy for a gradual liberalisation of the rural land market, as stated at the third plenum of the Communist Party last month. Urban land designated for building can be sold or mortgaged ...

  10. Property - Hong Kong & China - BRICKS & MORTAR

    Tipping the balance between growth and affordability

    Posted Sep 24th 2013, 12:00am by Peggy Sito

    ... its liquidity tap had begun weighing on demand for mortgage loans, with borrowers worried that the low-interest-rate environment was about to end. The events in the United States have served ... in the market has extended to mortgage lending by banks, with loans drawn down during July falling 35 per cent from December last year. We know that striking the right balance between promoting economic ...




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