HSBC Japan to offer housing loans to foreigners

[Niyusu]

From the Japan Times:

London-based HSBC Group said Wednesday it will tie up with two Japanese real estate companies to extend mortgage loans to foreign residents so they can buy property in Japan more easily.

The new move will also help non-Japanese residents by providing English translations of Japanese contracts and guidance through the process of getting a mortgage. But HSBC will still require that mortgage applicants have permanent residency status when extending such loans, just as Japanese banks do.

Full article: HSBC to offer housing loans to foreigners | Japan Times

[burkhartdesu]

Well that's good news I suppose.


My uncle works for HSBC-- and although it's London based, doesn't HSBC stand for the Hong-Kong Shanghai Bank Corporation?

[SephirothVVC]

Originally Posted by burkhartdesu

doesn't HSBC stand for the Hong-Kong Shanghai Bank Corporation?

yes, it does. i thought it was hong kong basedO.o since the name, and im pretty sure the headquarters or whatever its called is there. im almost positive it says "HSBC" on their currency tooO.o

[burkhartdesu]

Originally Posted by SephirothVVC

yes, it does. i thought it was hong kong basedO.o since the name, and im pretty sure the headquarters or whatever its called is there. im almost positive it says "HSBC" on their currency tooO.o

That's what I thought... My uncle has to make trips to China and Taiwan and whatnot, but never London. o.O

[SephirothVVC]

Originally Posted by burkhartdesu

That's what I thought... My uncle has to make trips to China and Taiwan and whatnot, but never London. o.O

maybe they are only mentioning the london branch of HSBC