Mortgage for Tenants Purchase Scheme

Step 1

• Receive an invitation letter from the Hong Kong Housing Authority.
• Return the application form with the intention money to the Hong Kong Housing Authority.

Step 2

• Receive acceptance confirmation from the Hong Kong Housing Authority.

Step 3

• Apply for a mortgage loan by visiting any HSBC branch.

Step 4

• Sign the Mortgage Deed and Title Deed at your solicitor's office.

Step 5

• You are now the owner of your current flat.

Step 1

• Apply for an eligibility certificate from the Hong Kong Housing Authority to buy a flat.

Step 2

• Look for the right property.
• Negotiate the property price and then sign a provisional Sale and Purchase Agreement.

Step 3

• Apply for a mortgage loan by visiting any HSBC branch.

Step 4

• Sign the Mortgage Deed and formal Sale and Purchase Agreement at your solicitor's office.

Step 5

• Collect the keys to your new flat.

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

Yes, you can choose a solicitors' firm to advise you on the mortgage.

However, if you would like the same firm of solicitors to act for both you and the Bank, the firm you have chosen must be agreed by the Bank, otherwise they will not be able to act for the Bank as well, and we will need to appoint another firm of solicitors to act for the Bank.

Please also note that you need to bear the legal cost for the mortgage transaction. If there are two different firms of solicitors acting for you and for the Bank, you will need to bear the legal costs of both firms of solicitors. Each firm may charge extra fees for the additional work in reviewing the other firm’s documentation and accordingly, the legal cost for such arrangement may be higher than using just one firm of solicitors agreed by the Bank to represent both parties.

To change the amount or frequency of your mortgage repayments, please contact HSBC branch. There may be a charge for making this change: see the prevailing Bank tariff guide for HSBC Retail Banking and Wealth Management Customers for details.