• Saturday
  • April 19, 2014
  • Last updated: 1:52am
Hong Kong

Humidity 

UV 

Pollution 

Search Results

Results 1 - 10 of 1341 for mortgage loan

Related topics matching your search

Search results

  1. UK banks tighten purse strings on loans

    Posted Aug 04th 2010, 12:00am by Richard Warren

    ... Richard Warren in London Non-British investors are finding it increasingly difficult to secure mortgages on British property as many high-street banks and building societies refuse loans ... of lack of finance, than we are used to. Buyers need to be mentally prepared for that.' The Council of Mortgage Lenders had forecast GBP150 billion (HK$1.83 trillion) would be loaned ...

    http://www.scmp.com/article/721250/uk-banks-tighten-purse-strings-loans
  2. Think tank calls for reverse mortgages for elderly

    Posted Jun 10th 2010, 12:00am by Gary Cheung

    ... their financial needs.' A reverse mortgage allows a homeowner to take out a home loan with a bank or financial institution in return for a lifetime annuity. The funds can be paid in monthly ... Gary Cheung A think tank close to Chief Executive Donald Tsang Yam-kuen has proposed the introduction of reverse mortgages and housing insurance for the elderly to help ease ...

    http://www.scmp.com/article/716691/think-tank-calls-reverse-mortgages-elderly
  3. Bankers fear sharp increase in bad loans

    Posted Oct 15th 2010, 12:00am by Sophie Yu

    ... of uncertainty in the direction of the real estate market'. They said short-term risks were building, with property development loans needing particular attention. Developer loans, mortgage loans ... Jane Cai in Beijing and Sophie Yu More than seven out of 10 bankers polled in a semi-governmental survey expect China to face a sharp rise in non-performing loans when problematic lending ...

    http://www.scmp.com/article/727604/bankers-fear-sharp-increase-bad-loans
  4. Mainland home sales mixed but prices falling in all cities

    Posted Aug 18th 2010, 12:00am by Peggy Sito

    ... leading local governments such as Beijing and Shanghai have reaffirmed the temporary ban on mortgage loans for third- home purchases. Mainland banks were cautious in granting developers loans in the second quarter, with loans totalling 289.9 billion yuan (HK$330.66 billion) approved for the period, down 21 per cent quarter on quarter. Personal home loans fell 25.3 per cent month on month ...

    http://www.scmp.com/article/722436/mainland-home-sales-mixed-prices-falling-all-cities
  5. Loan guarantees for HOS owners

    Posted Sep 14th 2010, 12:00am by Paggie Leung

    ... Paggie Leung Owners of government-subsidised flats are being offered loan guarantees to make it easier to rent or sell their homes on the open market. The Hong Kong Mortgage Corporation ... along with their first mortgage payments for up to 30 years. The corporation would charge a guarantee fee of 1.8 per cent to 3.8 per cent of the premium loan annually for a maximum of three ...

    http://www.scmp.com/article/724717/loan-guarantees-hos-owners
  6. Mainland further tightens rules on loans in move against speculators

    Posted Apr 23rd 2010, 12:00am by Yvonne Liu

    ... The mainland government is continuing to tighten the screws on second-home mortgage approvals as it tries to damp speculative demand. The Shanghai Securities News quoted China Banking ... of properties that the buyer owns individually. Previously, the banks did not have a standard rule on identifying second-home buyers when approving mortgages. Investors could apply for mortgage plans ...

    http://www.scmp.com/article/712307/mainland-further-tightens-rules-loans-move-against-speculators
  7. Older flats good for loan collateral

    Posted Feb 03rd 2010, 12:00am by Yvonne Liu

    ... Yvonne Liu Owners of homes in old buildings who use their properties as security for personal loans are finding it possible to get bigger loans as the value of their flats surge. The loan ... Steven Lee, chief executive at Konew Financial Express, a credit company, said mortgage approvals were based on the value of the home available as collateral, and can be up to 70 per cent ...

    http://www.scmp.com/article/705307/older-flats-good-loan-collateral
  8. Investors beware

    Posted Aug 14th 2010, 12:00am by Staff Reporter

    ... No buyers may take out loan if repayments are more than 50 per cent of income Banks should stress-test mortgage applicants' ability to repay loan, assuming interest rates rise at least 2 percentage points and repayments rise to 60 per cent of income Mortgage Corporation to suspend applications for loans exceeding 90 per cent of a property's value Sources: Hong Kong Monetary ...

    http://www.scmp.com/article/722116/investors-beware
  9. Merchants Bank expects interest margin to grow

    Posted Jun 07th 2010, 12:00am by Charlotte So

    ... such as banning mortgage loans on purchases of second homes by individuals, leading to a fall in home sales in major cities. However, the fall in property prices has not been significant. Qin said lower ... per cent of its total corporate lending and 7 per cent of total loans while mortgage loans represent a single-digit percentage of total loans, he added. 'The fall in home sales would ...

    http://www.scmp.com/article/716466/merchants-bank-expects-interest-margin-grow
  10. Deposit scheme leaves lenders further in debt

    Posted Sep 27th 2010, 12:00am by Staff Reporter

    ... payable on the mortgage. Chen followed the employee's advice, believing the product offered him a kind of windfall. His annual interest payable on his home loan amounted to about 75,000 yuan a year based on a 5 per cent mortgage rate. While the sum remained on deposit it effectively saved him from paying any interest on 1.1 million yuan of his loans. 'Why not??he thought. ...

    http://www.scmp.com/article/725965/deposit-scheme-leaves-lenders-further-debt

Pages

Login

SCMP.com Account

or