{"id":111782,"date":"2019-10-22T12:17:38","date_gmt":"2019-10-22T05:17:38","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-home-borrowers-must-read-the-fine-print-as-the-devil-is-in-the-details-of-hong-kongs-relaxed-mortgage-entitlements\/"},"modified":"2019-10-22T15:03:56","modified_gmt":"2019-10-22T08:03:56","slug":"first-home-borrowers-must-read-the-fine-print-as-the-devil-is-in-the-details-of-hong-kongs-relaxed-mortgage-entitlements","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/first-home-borrowers-must-read-the-fine-print-as-the-devil-is-in-the-details-of-hong-kongs-relaxed-mortgage-entitlements\/","title":{"rendered":"First-home borrowers must read the fine print as the devil is in the details of Hong Kong\u2019s relaxed mortgage entitlements"},"content":{"rendered":"


\nThe Hong Kong government announced last Wednesday to relax the cap on the property value eligible for a mortgage loan with a maximum cover of 80 per cent loan-to-value (LTV) ratio from HK$6 million to HK$10 million (US$1.27 million). For mortgage loans up to 90 per cent LTV ratio applicable to first-time homebuyers, the maximum property value is fixed at HK$8 million, going up from the previous HK$4 million. The new measure is considered to be a \u201cgodsend\u201d for first-time homebuyers. Let\u2019s take\u2026
\n
\nSource : South China Morning Post
\nRead more…First-home borrowers must read the fine print as the devil is in the details of Hong Kong\u2019s relaxed mortgage entitlements<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Hong Kong government announced last Wednesday to relax the cap on the property value...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-111782","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-t4W","jetpack-related-posts":[{"id":76232,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sun-hung-kai-properties-calls-for-relaxed-mortgage-lending-for-mass-market-flats\/","url_meta":{"origin":111782,"position":0},"title":"Sun Hung Kai Properties calls for relaxed mortgage lending for mass market flats","date":"January 10, 2018","format":false,"excerpt":"\r Sun Hung Kai Properties, Hong Kong\u2019s largest developer by market value, has called out on the Hong Kong Mortgage Corporation to ease its lending scheme for mass market flats, two days after the city\u2019s financial secretary indicated that a relaxation was being considered by the government. Executive director Adam\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76802,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/relaxing-cap-in-hong-kongs-mortgage-scheme-will-offer-more-choices-to-first-time-buyers\/","url_meta":{"origin":111782,"position":1},"title":"Relaxing cap in Hong Kong\u2019s mortgage scheme will offer more choices to first-time buyers","date":"January 16, 2018","format":false,"excerpt":"\r First time homebuyers in Hong Kong have little choice under existing mortgage rules for mass flats unless they settle for old, tiny apartments in far off areas. Under the current home financing scheme, first time buyers only can receive loan-to-value ratio of 90 per cent for flats that cost\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":112833,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kongs-november-homes-sales-jump-to-six-month-high-as-buyers-take-advantage-of-relaxed-mortgage-policy-price-cuts\/","url_meta":{"origin":111782,"position":2},"title":"Hong Kong\u2019s November homes sales jump to six-month high as buyers take advantage of relaxed mortgage policy, price cuts","date":"December 3, 2019","format":false,"excerpt":"\r Hong Kong home sales surged to a six-month high in November on the back of an easing in mortgage lending policy and developers\u2019 aggressive marketing of new projects, but market watchers say sales are unlikely to be sustained this month.Overall residential transactions surged 43.9 per cent month on month\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":156667,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-mortgage-loans-hit-12-month-high-of-us3-4-billion\/","url_meta":{"origin":111782,"position":3},"title":"Hong Kong mortgage loans hit 12-month high of US$3.4 billion","date":"June 30, 2025","format":false,"excerpt":"\r Hong Kong\u2019s approved mortgage loans surged to a one-year high in May as more homebuyers sought to refinance their existing loans amid lower bank rates, according to data from the Hong Kong Monetary Authority (HKMA). Banks approved HK$26.6 billion (US$3.39 billion) worth of loans in May, a 5.3 per\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":54115,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending\/","url_meta":{"origin":111782,"position":4},"title":"Hong Kong homebuyers turn to finance companies as banks tighten mortgage lending","date":"May 9, 2017","format":false,"excerpt":"\r Buyers of new flats seeking to minimise their down payments are increasingly choosing home loans from finance companies, which are beyond the reach of the banking regulator, according to a survey. Centaline Property Agency found that nearly 18 per cent, or HK$2.6 billion, of the estimated HK$14.7 billion in\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":18956,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/are-hk-developers-being-too-generous-with-mortgages\/","url_meta":{"origin":111782,"position":5},"title":"Are HK developers being too generous with mortgages?","date":"July 7, 2016","format":false,"excerpt":"\r Buyers are being tempted by 120 percent mortgages Another day, another dollar. Image credit: Krystal T (Flickr) Non-banking lenders are getting a tad too generous. 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