Mortgage Loan

IPO by pawnshop chain designed to grow mortgage loans

28 Feb 2013

Oi Wah Pawnshop Credit started its mortgage business in 2009, with mortgage loans surging to HK$67 million in November last year from HK$4 million in February 2010.

Opus tenant cancels deal to rent for HK$850k a month

18 Dec 2012

A tenant who agreed to pay HK$850,000 a month for a 6,000-square-foot duplex flat at Opus Hong Kong on Stubbs Road near the Peak has cancelled the deal amid tightening housing policies that have...

The great attraction of cash extraction

15 Nov 2012

It's still too early for any hard numbers telling us about the impact of the latest government measures aimed at making Hong Kong property more affordable for local buyers.

British property prices make rebound from post-Olympic slump

14 Nov 2012

British house prices rose for the first time in five months in October as the market rebounded from a post-Olympic slump, research consultancy Acadametrics said.

Australia home-loan approvals gain in September after rate cuts

14 Nov 2012

Australian home-loan approvals rose in September for a second month as buyers responded to the central bank's interest-rate cuts.

Opinion

Wang Xiangwei

Super ministries may not be the right answer for mainland China

Alex Lo

Church developers remain unbowed by government rules

George Chen

A house is not a home until it becomes affordable

New leaders in Beijing face tough decision on property

The prospect of a housing surge is fraying mainland policymakers' nerves.

Lloyds haunted by loans insurance problems

Lloyds Banking Group, Britain's biggest mortgage lender, posted a third-quarter loss after setting aside an extra £1 billion (HK$12.4 billion) to compensate clients mis-sold loan insurance.

Mainland housing funds make borrowing easier

Housing provident fund loan policies have been amended in more than 20 mainland cities to make it easier for applicants to raise loans, according to Centaline Property Agency.

BRITAIN

British property prices fall for fourth month running

British house prices fell for a fourth month in October and a property-market recovery is unlikely without sustained economic growth, analysts at Hometrack said.

MONITOR

Excluding mainlanders won't allay main property grievance

On Friday evening Financial Secretary John Tsang Chun-wah announced two new punitive property tax measures aimed at "maintaining a healthy, stable property market".

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ASK MELANIE

Ask Melanie: Should we wait to buy our dream home?

My wife and I have lived in Hong Kong for a long time and now plan to stay. I'm 61 and drawing a pension. My wife is 54 and wants to work to 65. We easily save HK$44,000 per month. We've got HK$5....