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Home Ownership Scheme

We can support eligible families as they make the move from renters to owners with a low down payment requirement and flexible repayment options.

 

Property valuation tool

 

Mortgage calculators

Home Owernship Scheme

Families or individuals who qualify for this scheme can buy a government-subsidised flat for less than the market rates.

 

Benefits:

  • Borrow up to 95% of the property's value
  • Take out a mortgage for up to 25 years
  • Our experts can walk you through the application process
  • Manage your cash flow with our flexible repayment options. Choose fortnightly or monthly payments on either a straight-line or step-up plan

Get help to buy a home with ease under the Home Ownership Scheme

By Phone

Online

Use your Security Device / Mobile Security Key to log on and apply

Arrange to see one of our mortgage specialists

New to HSBC, or don't have a Security Device/ Mobile Security Key?

Application process

If you're buying a qualified flat directly from the government, here's how to apply:

Step 1

  • Return a completed application form with the application fee to the Hong Kong Housing Authority

 

Step 2

For eligible White Form applicants:

  • Receive a flat selection letter
  • Select flat and make a down payment of 10% of the purchase price

For eligible Green Form applicants (existing public housing tenant): 

  • Receive a flat selection letter
  • Select flat and make a down payment of 5% of the purchase price

 

Step 3

Apply for a mortgage loan by visiting any HSBC branch with the following documents:

  • Sale and Purchase Agreement (Government Home Ownership Scheme) or Nomination Letter (Private Sector Participation Scheme)
  • Receipt for down payment
  • Hong Kong Identity Card
  • Bank account details

 

Step 4

Government Home Ownership Scheme

  • You will sign the Sale and Purchase Agreement on the same day you select the flat
  • After you have passed a copy of the Sale and Purchase Agreement to the Bank, we will issue a detailed mortgage offer letter to you
  • Upon issue of the Occupation Permit, you will sign the Mortgage Deed and Title Deed at your solicitor's office

Private Sector Participation Scheme

  • You will receive a written notification to sign the Sale and Purchase Agreement at your solicitor's office
  • We will issue you a detailed mortgage offer letter
  • Upon issue of the Occupation Permit, you will sign the Mortgage Deed and Title Deed at your solicitor's office

 

Step 5

  • Collect the keys to your new flat.

Mortgage tools and resources

 

Estimate the current value of a flat in major estates of Hong Kong with our simple address-based tool.

 

Learn how much you can borrow and calculate repayment amounts. You can also see what you can save with a Deposit-linked Mortgage.

Related products and services

 

Manage your cash flow more easily with loans to cover a variety of expenses.

 

Own your home sooner and save on interest or repay less in the earlier years.

 

Protect your new home with policies that cover your home's structure against hazard, your belongings and more.

To borrow or not to borrow?

Borrow only if you can repay!

Remarks

1 Hong Kong Interbank Offered Rate (HIBOR) as at any date means the Hong Kong Interbank Offered Rate for the interest period of 1 month for Hong Kong Dollars quoted by The Hongkong and Shanghai Banking Corporation Limited at or about 11:00 a.m. (Hong Kong time) on such date. This HIBOR quoted by The Hongkong and Shanghai Banking Corporation Limited is not necessarily the same as HKD Interest Settlement Rates published by The Hong Kong Association of Banks.

2 Best Lending Rate (BLR) refers to the Hong Kong Dollar Best Lending Rate quoted by The Hongkong and Shanghai Banking Corporation Limited from time to time.