{"id":54115,"date":"2017-05-09T05:31:06","date_gmt":"2017-05-08T22:31:06","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending\/"},"modified":"2017-05-09T05:44:21","modified_gmt":"2017-05-08T22:44:21","slug":"hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-homebuyers-turn-to-finance-companies-as-banks-tighten-mortgage-lending\/","title":{"rendered":"Hong Kong homebuyers turn to finance companies as banks tighten mortgage lending"},"content":{"rendered":"


\nBuyers 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.
\nCentaline Property Agency found that nearly 18 per cent, or HK$2.6 billion, of the estimated HK$14.7 billion in approved mortgage loans for new flats due to be delivered in 2018 came from finance firms rather than banks. That compared with 16.4 per cent for new developments scheduled for completion in…
\n
\nSource : South China Morning Post
\nRead more…Hong Kong homebuyers turn to finance companies as banks tighten mortgage lending<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Buyers of new flats seeking to minimise their down payments are increasingly choosing home loans...<\/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-54115","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-e4P","jetpack-related-posts":[{"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":54115,"position":0},"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":117810,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/thousands-of-homebuyers-face-financing-crunch-as-flat-delivery-rises-and-banks-tighten-loan-scrutiny-amid-economic-slump\/","url_meta":{"origin":54115,"position":1},"title":"Thousands of homebuyers face financing crunch as flat delivery rises and banks tighten loan scrutiny amid economic slump","date":"July 15, 2020","format":false,"excerpt":"\r Some Hong Kong homebuyers are facing the risk of being shut out of bank financing for flats bought two years ago on a staggered payment plan, as banks have started to tighten lending criteria amid an economic slump.More than 11,000 units in 17 residential projects are due to take\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":27646,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/finance-firms-upend-hkmas-lending-caps-on-property-adding-fuel-to-red-hot-market\/","url_meta":{"origin":54115,"position":2},"title":"Finance firms upend HKMA\u2019s lending caps on property, adding fuel to red hot market","date":"September 28, 2016","format":false,"excerpt":"\r Two finance firms are challenging the Hong Kong Monetary Authority\u2019s mortgage lending caps , offering more financing than current bank loans to attract new borrowers ahead of a possible interest rate increase in December. Convoy Global Holdings, the largest of Hong Kong\u2019s listed finance firms, and ETC Finance teamed\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":111782,"url":"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\/","url_meta":{"origin":54115,"position":3},"title":"First-home borrowers must read the fine print as the devil is in the details of Hong Kong\u2019s relaxed mortgage entitlements","date":"October 22, 2019","format":false,"excerpt":"\r The 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\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"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":54115,"position":4},"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":54115,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54115"}],"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=54115"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/54115\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=54115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=54115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=54115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}