{"id":43591,"date":"2017-02-10T11:35:18","date_gmt":"2017-02-10T04:35:18","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-shortens-mortgage-terms-for-citys-second-home-borrowers\/"},"modified":"2017-02-10T11:39:20","modified_gmt":"2017-02-10T04:39:20","slug":"beijing-shortens-mortgage-terms-for-citys-second-home-borrowers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beijing-shortens-mortgage-terms-for-citys-second-home-borrowers\/","title":{"rendered":"Beijing shortens mortgage terms for city\u2019s second-home borrowers"},"content":{"rendered":"


\nBeijing\u2019s government has shortened the mortgage duration of second-home borrowers domiciled in the city, taking another step to clamp down on speculative home buying and control runaway prices.
\nBuyers who already own one residential property are now only eligible to take out a mortgage on a second home for no more than 25 years, cutting back the loan period from the previous 30 years, according to several agents in the city.
\nAgents at 5i5j and Homelink, two of the largest property sales…
\n
\nSource : South China Morning Post
\nRead more…Beijing shortens mortgage terms for city\u2019s second-home borrowers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Beijing\u2019s government has shortened the mortgage duration of second-home borrowers domiciled in the city, taking...<\/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-43591","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-bl5","jetpack-related-posts":[{"id":117736,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/coronavirus-mortgage-bailout-sees-biggest-one-week-decline-but-more-borrowers-are-extending-terms\/","url_meta":{"origin":43591,"position":0},"title":"Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms","date":"July 10, 2020","format":false,"excerpt":"\r The number of homeowners in government and private sector mortgage bailout plans declined for the second straight week, as borrowers who got in earliest saw their plans expire.\r \r Source : cnbc.com\r Read more...Coronavirus mortgage bailout sees biggest one-week decline, but more borrowers are extending terms","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122668,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-borrowers-should-seek-professional-advice-before-making-a-purchase-decision\/","url_meta":{"origin":43591,"position":1},"title":"Mortgage borrowers should seek professional advice before making a purchase decision","date":"October 19, 2021","format":false,"excerpt":"\r Prospective purchasers are reminded to carefully consider their own financial situation before making a property purchase decision. In most situations, whether a property transaction can be completed depends on the amount of mortgage loan that could be obtained.Prospective purchasers should bear in mind that there are numerous factors affecting\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":89937,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-rates-drop-but-borrowers-are-not-impressed\/","url_meta":{"origin":43591,"position":2},"title":"Mortgage rates drop, but borrowers are not impressed","date":"May 30, 2018","format":false,"excerpt":"\r A drop in mortgage interest rates did nothing to spur borrowers to action. Applications for to both refinance and to purchase a home fell for the week.\r \r Source : cnbc.com\r Read more...Mortgage rates drop, but borrowers are not impressed","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":78501,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/interest-only-borrowers-risk-losing-homes-warns-watchdog\/","url_meta":{"origin":43591,"position":3},"title":"Interest-only borrowers risk losing homes, warns watchdog","date":"January 31, 2018","format":false,"excerpt":"\r Regulator says many of 1.67m mortgage holders face large shortfall with some ignoring problemThe City regulator has sounded an alarm about the \u201csignificant numbers\u201d of people with interest-only mortgages who may be in danger of losing their homes.The Financial Conduct Authority (FCA) said many interest-only borrowers could face a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30719,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-borrowers-with-mortgage-arrears-could-get-compensation\/","url_meta":{"origin":43591,"position":4},"title":"Thousands of borrowers with mortgage arrears could get compensation","date":"October 19, 2016","format":false,"excerpt":"\r FCA review finds lenders mistakenly collected arrears payments twice from 750,000 customersAround 750,000 struggling mortgage borrowers could be due compensation after the City regulator found lenders had made mistakes in the way arrears were collected.A review by the Financial Conduct Authority looked at how lenders were treating borrowers who\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":116171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mortgage-bailout-swells-to-4-1-million-borrowers-but-demand-is-slowing\/","url_meta":{"origin":43591,"position":5},"title":"Mortgage bailout swells to 4.1 million borrowers, but demand is slowing","date":"May 8, 2020","format":false,"excerpt":"\r In the past week, 225,000 more borrowers took advantage of government and bank mortgage forbearance programs, according to data firm Black Knight.\r \r Source : cnbc.com\r Read more...Mortgage bailout swells to 4.1 million borrowers, but demand is slowing","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43591"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=43591"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/43591\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=43591"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=43591"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=43591"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}