PPRuNe Forums - View Single Post - Boat in HK good idea and where?
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Old 21st Oct 2018, 17:58
  #154 (permalink)  
morningcoffee
 
Join Date: Sep 2017
Location: Hong Kong
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[QUOTE=Verbal Kint;10267787]
[If your mates happily signed at 100-150+ basis points above, I’m not surprised Hitachi didn’t ask questions. Under UK law, I assume Hkg is similar, your dwelling has to be on a plot of land to get a mortgage. No idea why guys are calling it a boat mortgage./QUOTE]

...... because it says ‘mortgage’ on the front page of the loan (mortgage) agreement, MC
you might need to ask a lawyer about the difference between a mortgage for a dwelling and a “mortgage” for your boat. Though I’m sure you already have.
Hope a solution is found.
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