For details, please contact Hang Seng’s staff.
If customer’s loan application cannot meet our approval requirements, Hang Seng Bank Limited (“Hang Seng”) may approve a loan to individual customers on a case-by-case basis but the interest rate offered may be adjusted. The terms and conditions contained herein binds only the Borrower and is not assignable.
The proportion of loan principal to interest in each monthly instalment amount is calculated according to the Rule of 78. Bank is hereby notified to use claim received from insurance company to liquidate the Bank’s exposure after which the balance, if any, will be available to the Borrower. The monthly repayment amount is rounded up to 1 decimal point. The calculation of the monthly repayment amount and the annualised percentage rate has taken the 0% handling fee into account and does not include cash rebate. The issuing of contracts can be delayed if the Vendor’s Solicitor is getting deeds from a Bank (this takes between 10 and 14 days normally, but can take over a month) or if they are missing documents such as Certificates of Compliance. The Annualised Percentage Rates are reference rate which include the basic interest rate and other fees and charges of a product expressed as an annualised rate (if applicable). What Can Delay Mortgage Drawdown Mortgage Drawdown Ultimate Guide Ireland 2022.
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The Annualised Percentage Rate listed above does not include any fees and charges.Īll Annualised Percentage Rates are calculated using the Net Present Value Method in accordance with the Code of Banking Practice.
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