Journal Call no. | HF331.H6B74 |
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Article Title | UK lenders buying business. |
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Is Part Of | Britain in Hong Kong : the journal of the British Chamber of Commerce ; v.7, no.6, Nov/Dec 1995, p.41. |
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Abstract | Overseas buyers of UK property are used to gearing their mortgage repayments to money market rates with a currency switching option. At the moment they are paying dearly for these schemes. Hong Kong banks certainly seem to take the lion's share of a very lucrative market without offering competitive terms. They rely on massive advertising and customer inertia once they are 'on the books'. |
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