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23.05.26 - 11:48
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SHKP sells out latest flats in Tsuen Wan as Hong Kong property market continues recovery (SCMP)
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Hong Kong developers sold most of the more than 120 new flats made available to homebuyers on Saturday as the local residential market continues its recovery on the back of improving China–US relations and talent flows into the city.
By 12.30pm Saturday, Sun Hung Kai Properties (SHKP) had sold all 87 units on offer at the Lime Spark project in Tsuen Wan in the New Territories, with one buyer spending more than HK$40 million (US$5.1 million) to purchase six two‑bedroom units, according to Midland......
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23.05.26 - 08:42
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′Tracker mortgages are back′ – but is one the right choice for you? (The Guardian)
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The uncertain interest rate outlook is making tracker deals popular again. We look at the pros and cons of both types of loanWith some experts warning that we may have to brace ourselves for interest rate rises later this year, it might seem odd to suggest considering a tracker mortgage.But, amid the economic chaos caused by the Iran war, for some people looking for a home loan or to remortgage, a tracker – where the rate you pay moves up or down in line with the Bank of England base rate – could be a good bet. Continue reading......
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