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Britain’s help to buy homes plan a mixed blessing for Hong Kong

Posted on 27 March 2013

British government plans to stimulate the nation’s housing market, announced last week, will bring mixed blessings for Hong Kong investors.
As part of his latest budget, Chancellor of the Exchequer George Osborne introduced Help to Buy, a combination of shared-equity loans for buyers and mortgage guarantees for lenders. The plan is open to first-time buyers and home movers, but not Hong Kong investors or other second-home buyers, although they will be indirectly affected………………………………………..Full Article: Source


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