【Preparation for Property Purchase】 Practical Tips for Purchasing a Property at the Lowest Cost
標籤: mortgage
Tips for New Property Owner: Rent out your Property Safely!
Tips for New Property Owner: Rent out your Property Safely!
【Tips for Beginners】Costs of Buying a Property besides Down Payment
【Tips for Beginners】Costs of Buying a Property besides Down Payment
Comprehensive Buyers’ Guide to Obtain 90 percent Home Mortgage Loan
Tom: “The government has relaxed mortgage insurance schemes, thus paving the way for more properties to become eligible to apply for and obtain mortgage loans of up to 90 per cent of the value of a flat. But is it difficult to apply for a mortgage loan?”
What tips are useful to landlords?
Not all properties can be offered for rent! If the property has been mortgaged to the bank, in principle, the mortgagee’s consent must be obtained before the property can be offered for lease. Many banks also have mortgage or rent restrictions on non-self-used properties.
[Inheritance property rights] Frequently asked questions (FAQ) about inheritance property
In the event of death, the deceased is likely to leave some estate, which may include money, stocks, or property. When the inheritance includes a piece of property, this will involve numerous procedures. The following are common questions regarding inheritance of property.
What should you do if you receive lower valuation from banks?
Banks usually evaluate the market value of a property based on different factors, including the property’s location, views from the flat, on which floor it is located, and transaction records in the building when appraising the property.
What is a bank’s stress test?
To avoid excessive lending that could lead to a housing bubble, the government has introduced a stress test.
How is the mortgage ratio calculated?
Applying for a mortgage loan is mainly divided into two categories: The first type is based on income, and the second type involves worth–based lending.
How to apply for a mortgage loan?
After signing the provisional sale and purchase agreement, the buyer can formally start applying for a mortgage loan. Owners can directly find a bank or find a professional mortgage referral company, such as Mreferral Mortgage Brokerage Services.
What needs to be done to prevent a potential mortgage trap when buying a village house?
Village houses are roughly divided into two categories – standard “small house” and village house on “old schedule lot”. The most common are standard small houses, which are three-storey high and have a floor area of about 700 square feet each.
![[Mortgage Tips] Save Taxes by Transferring Property to a Close Relative](https://res-cms.midland.com.hk/property-news/wp-content/uploads/2021/02/iStock-943940212-380x280.jpg)
[Mortgage Tips] Save Taxes by Transferring Property to a Close Relative
Like ordinary property transactions, such transfer entails the engagement of a solicitor to handle the agreements for sale and purchase, and schedule a transaction date. Hence, solicitor’s costs is inevitable.
![[Property Owner Guidebook] 10 FAQs for Renting out a Mortgaged Property](https://res-cms.midland.com.hk/property-news/wp-content/uploads/2021/02/iStock-1130833057-380x280.jpg)
[Property Owner Guidebook] 10 FAQs for Renting out a Mortgaged Property
Banks in Hong Kong have been known for low interest rates. Rents of most of the properties could cover the monthly mortgage payments. Therefore, some investors would rent out a property right after buying it in order to earn stable passive income. Below are 10 frequently asked questions (FAQs) about how renting out a property would affect mortgage application.
黃竹坑新盤懶人包 資訊每日更新
屯門海皇路新盤
沙田半山地標式豪宅
旺角SOHO區新盤
火炭站大型新盤 逾千伙供應
啟德臨海住宅新地標
鴨脷洲新盤
西營盤新盤
青衣薈藍新盤
gba
移民及海外置業資訊
優惠區
recruitment banner
