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.
![[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)
Property Tips
![[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.
![[Rookie Homebuyers] 7 Things to Know before a Property Visit](https://res-cms.midland.com.hk/property-news/wp-content/uploads/2021/01/iStock-1193522577-1-380x280.jpg)
[Rookie Homebuyers] 7 Things to Know before a Property Visit
In response to rookie homebuyers’ call for information, we have summarized 7 tips below that all of you can consider to make your home purchase journey a blessing instead of a burden.
Renting a Domestic Property
When it comes to renting a domestic property, it is important to know your rights and responsibilities as a tenant. Many things you should pay attention to when you are searching for a property and before entering into a tenancy agreement.
Purchasing a Domestic Property
Buying a property is an important decision for many people. You are advised to pay attention to the following information and tips to have a good preparation.
Selling a Domestic Property
To sell a domestic property may not be an easy task. If you want to make the selling process easier, don’t miss out the following information!
Purchasing First-hand Residential Property Journey
Purchasing first-hand residential property is a significant decision for most of the people which usually cost a considerable amount of money. You are advised to pay attention to the following steps before buying first-hand residential properties to avoid any money loss.