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What Happens If You're Late on Mortgage Payments?

Tuen Mun Flats Slash Prices By 60%, Now Priced at $2.16M!

Newer Estates OUTSELL Top 10 Blue-Chip Housing Estates: Modern Facilities and Younger Age Drive Appeal

What Happens If You're Late on Mortgage Payments?

Have you ever missed a credit card payment? If so, you're probably familiar with late fees and the potential impact on your credit score. Sometimes, a quick call to the credit card hotline might help waive the penalty—but there’s no guarantee. But what happens if you're late on your mort...

28Hse Editor #Wed Property Focus 5 hours ago posted 4K 60

The Green Form Subsidised Home Ownership Scheme (GSH) has been a regular initiative since 2018, designed to help public rental housing (PRH) tenants purchase affordable housing while speeding up the turnover of PRH units. The latest GSH scheme opened for applications on July 17, 2024. Below is a sum...

28Hse Editor #Wed Property Focus 2025-07-23 22.2K 199

For small living spaces, even finding room for a fan can be a challenge. To save space, many people opt for fan lights, which are both stylish and practical. Fan lights have become a popular home choice in recent yearbut what should you keep in mind when buying and installing them?When choosi...

28Hse Editor #Wed Property Focus 2025-07-15 6.5K 57

Worshipping the four corners of the home is a traditional feng shui ritual performed when moving into a new home or shop. It is believed to cleanse negative energy, bless the space, and bring peace and prosperity. While many have heard of this practice, few know the details of how to prepare and con...

28Hse Editor #Wed Property Focus 2025-07-09 11.1K 364

According to Hong Kong’s Fire Services Ordinance, residential buildings with more than 25 storeys must include designated refuge floors to help prevent fires from spreading. In buildings under 40 storeys, the rooftop may serve this purpose. So, if your unit is directly above or below a refuge ...

28Hse Editor #Wed Property Focus 2025-07-01 17.7K 112

As summer brings relentless heat, air conditioning is essential in Hong Kong. However, if your air conditioner isn’t cooling properly, it’s important to understand the cause and determine if you can resolve it yourself. Choosing the right air conditioner also plays a key role in ensuring...

28Hse Editor #Wed Property Focus 2025-06-24 3.9K 32

The government has been promoting the development of transitional housing to address the issue of low-income families living in inadequate housing. However, the transitional housing project at Kai Tak (Kai Fook Kui), which began admitting residents in August last year, has faced backlash due to poor...

28Hse Editor #Wed Property Focus 2025-06-17 2.5K 18

The Housing Authority recently tightened the "Well-off Tenants" policy by introducing a four-tier rent adjustment system, replacing the previous three-tier system. Under the new policy, tenants classified as "well-off" will pay up to 4.5 times the standard rent to further combat the misuse of public...

28Hse Editor #Wed Property Focus 2025-06-11 18K 191

Renting out a property can be a challenging experience, especially when faced with tenants who fail to pay rent or intentionally damage the property. If this happens, landlords have the legal right to recover unpaid rent and repossess the property. While this process may seem complex, here’s h...

28Hse Editor #Wed Property Focus 2025-06-04 10.8K 243

Many homeowners choose to renovate their units after purchasing or taking possession of a property. While selecting a renovation company, it’s essential to compare options and avoid being lured by excessively low prices. Engaging a company that employs illegal workers could leave homeowners le...

28Hse Editor #Wed Property Focus 2025-05-27 2.7K 25

It has been reported that Hang Seng Bank has been laying off staff across various departments since March, with reductions ranging from 10% to 20% in most areas, and up to 50% in certain departments. For employees who were not laid off, regardless of their rank, they are required to reapply for thei...

28Hse Editor #Wed Property Focus 2025-05-20 8.5K 105

Whether buying or renting a property, many people prioritise estates with clubhouse facilities such as swimming pools, gyms, and sports courts to meet the diverse needs of residents. For families with children, these facilities also provide a space for kids to expend their energy.But when renting a...

28Hse Editor #Wed Property Focus 2025-05-14 8.1K 71

To understand property market trends, it’s important to examine transaction volumes and determine whether properties are sold at a profit or a loss. You may have come across cases in the news described as a paper profit that are actually losses. But what does that really mean?A recent l...

28Hse Editor #Wed Property Focus 2025-05-06 5.7K 29

When purchasing property in Hong Kong, most people apply for a mortgage. During the application process, applicants must complete a lengthy form, which includes a consent form that authorises the bank to access credit records related to their mortgages. This consent is critical for the bank to asses...

28Hse Editor #Wed Property Focus 2025-04-29 6.1K 45

Secretary for Development Bernadette Linn Hon-ho recently revealed that the government is exploring several measures to make land administration more flexible. These include studying the feasibility of a "pay for what you build" approach, reducing construction costs, and streamlining approval proces...

28Hse Editor #Wed Property Focus 2025-04-22 5.3K 40