Property News · December 21, 2017

CCB to offer homeowners one-off payment for leasing rights in bid to tap nascent rental market


China Construction Bank (CCB), the country’s second-largest lender, is to offer homeowners a one-off payment in exchange for the right to rent out their property as it ramps up efforts to tap the government-backed rental housing market.
Analysts said the new service, reported on Wednesday in the 21st Century Business Herald, may herald a wave of new financial products from banks eager to capture a share of the rental segment. The government is drumming up support for the leasing market…

Source : South China Morning Post
Read more…CCB to offer homeowners one-off payment for leasing rights in bid to tap nascent rental market