Mortgaging Property in Hong Kong: Process, Legalities, and Key Considerations
Mortgaging property is a common financing method in Hong Kong, but it also comes with certain risks and responsibilities. Borrowers should carefully consider their own situation when choosing a mortgage loan and fully understand relevant laws, regulations, and transaction details. At the same time, banks as lenders should also prudently assess the borrower's creditworthiness and the value of the collateral to ensure the safety and legality of the loan transaction.
四月 10, 2024