The establishment of funds by developers to aid flat buyers to complete purchases would be a helpful step, unionist Chan Yuen-han said yesterday. Ms Chan, who met Secretary for Housing Dominic Wong Shing-wah with colleagues from the Democratic Alliance for the Betterment of Hong Kong, said Mr Wong was positive about the idea. 'I think Mr Wong has mentioned the assistance to developers to see whether they could help on things like second mortgages,' she said. 'It would be beneficial to both the developers and the flat buyers if purchasers could be helped out in a difficult situation. Developers would also lose if purchasers forfeit deposits and give up buying.' The Democratic Party proposed last week that $3 billion be set aside for loans to flat buyers who could not complete their purchases. Gary Cheng Kai-nam, DAB vice-chairman, was more guarded. 'Home purchase is a personal investment and what developers can do is limited. 'We also need to be careful in considering whether to ask the Government to help because that would involve public money. Giving out loans is not a thorough way to solve the problem,' Mr Cheng said.