The Holborn Mortgage Plan

The Holborn Mortgage Plan:

	The Holborn Special Mortgage Offer
Rate	As low as H+1.30% (cap2.50%) *With Deposite Linked
Net Rate (p.a)	As low as 1.36%^
Loan-to-Value Ratio	Up to 90%
Loan Tenor	Up to 30 years
Cash Rebate	Up to 1.4%

The Holborn Vendor Payment Terms：

Payment Plan	Payment Details	Discount
(A1) Cash or Immediate Mortgage Payment Method – 120 days Completion	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：5% -Within 120 days after signing of the preliminary agreement ：90%	6%
(B) Privilege Mortgage Payment Method – 120 days Completion	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：5% -Within 120 days after signing of the preliminary agreement ：90%	5%
(C) Cash or Immediate Mortgage Payment Method – 240 days Completion	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：2% -Within 120 days after signing of the preliminary agreement ：3% -Within 240 days after signing of the preliminary agreement ：90%	5%
(D) Privilege Mortgage Payment Method – 240 days Completion	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：2% -Within 120 days after signing of the preliminary agreement ：3% -Within 240 days after signing of the preliminary agreement ：90%	4%
(E) Stage Payment Method	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：5% -Within 14 days after the date of the notification to the Purchaser：90%	1%
(F) Stage Payment Privilege Mortgage Method – in accordance with the price	-Preliminary Deposit：5% -Within 60 days after signing of the preliminary agreement ：5% -Within 14 days after the date of the notification to the Purchaser：90%	/

Standby First Mortgage Loan offered by the Vendor#:{FOR Payment Plan (B) , (D) and (F)}

Payment Plan	only applicable to Purchasers who choose Terms of Payment (B) / (D) / (F)
Rate	First 3 years: P-2% 4th – 5th year: P-1% Thereafter: P+1% *P (Currently P=5%)
Loan Amount	Up to 85%
Loan Tenor	▲ not exceed 30 years

Standby Second Mortgage Loan offered by the Vendor#:{FOR Payment Plan (B) , (D) and (F)}

Payment Plan	only applicable to Purchasers who choose Terms of Payment (B) / (D) / (F)
Rate	First 3 years: P-2% 4th – 5th year: P-1% Thereafter: P+1% *P (Currently P=5%)
Loan Amount	Up to 30% (The maximum amount of first and second mortgage loan shall be 90%)
Loan Tenor	▲ not exceed 30 years

The Holborn Discount

	Discount Details
1. First 3 Years Warranty Offer	The vendor shall at its own cost and as soon as reasonably practicable after receipt of a written notice served by the Purchaser within 3 years from the date of the Assignment of the residential property rectify any defects (fair wear and tear excepted) to the residential property (excluding furniture (if any) and landscape area / potted plants (if any)) caused otherwise than by the act or neglect of any person.
2. “Henderson Club” member offer	Any “Henderson Club” member who purchases any specified residential property in the price list of the development directly through Henderson Property Agency Limited (but not through the other estate agents) will be given management fees for the period of 24 months after the execution of the assignment of the residential property by the purchaser.

# For completed residential properties with property value below HK$9 million, the maximum loan amount shall either be (a) calculated at the maximum LTV ratio of 80% and up to 90% or (b) capped at HK$7.2 million, whichever is lower. If the property value is at or above HK$9 million (up to the cap of HK$10 million), the maximum loan amount shall be calculated at the maximum LTV ratio of 80%. 

##  For properties with property value is at or above HK$4.5 million (up to the cap of HK$6 million), the maximum loan amount shall be calculated at the maximum LTV ratio of 80%.

You can refer to the “Maximum LTV Ratio” of the HKMCI website for details. http://www.hkmc.com.hk/eng/our_business/mortgage_insurance_programme.html

For more information, please visit our website.

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Ricacorp Mortgage Agency provide one-stop mortgage referral services including free referrals, personalised advice on mortgage choices and end-to-end mortgage application service.

Service Hotline: 2836 6121 / 2836 6183
WHATSAPP: 9099 7685
Email: mortgage@ricacorp.com

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