Mortgage for Government Housing Schemes

If you're buying a qualified flat directly from the government, here's how to apply:

Step 1

• Return a completed application form with the application fee to the Hong Kong Housing Authority

Step 2

For eligible White Form applicants:

• Receive a flat selection letter
• Select flat, sign the Sale and Purchase Agreement and make a down payment of 10% of the purchase price

For eligible Green Form applicants (existing public housing tenant): 

• Receive a flat selection letter
• Select flat, sign the Sale and Purchase Agreement and make a down payment of 5% of the purchase price

Step 3

Apply for a mortgage loan by visiting any HSBC branch with the following documents:

• Sale and Purchase Agreement
• Receipt for down payment
• Hong Kong Identity Card
• Bank account details

Step 4

• After you have passed your application form, supporting documents and a copy of the Sale and Purchase Agreement to the Bank for our approval, we will issue a detailed mortgage offer letter to you
• Upon issue of the Occupation Permit, you will sign the Title Deed and Mortgage Deed at your solicitor's office

Step 5

• Collect the keys to your new flat.

If you’re a current or potential public housing tenant buying a Home Ownership Scheme flat from a private owner, here’s how to apply.

Step 1

• Apply for a certificate from the Home Ownership Scheme Secondary Market Post Sale Services Unit under the Hong Kong Housing Authority, to certify your eligibility to buy a flat.

Step 2

• Search for a qualified flat that suits you.

Step 3

• Negotiate the property price with the seller and then sign a provisional Sale and Purchase Agreement.

Step 4

• Your solicitor will have to apply to the Home Ownership Scheme Secondary Market Post Sale Services Unit for a Nomination letter. You can then talk to us about arranging a mortgage.

Step 5

• Sign the formal Sale and Purchase Agreement.

Step 6

• Solicitors for both you and the seller must inform the Post Sale Services Unit of the Hong Kong Housing Authority of the agreement. Once the deal is finalised, you will have to give up your public housing flat (or your eligibility, if you were a prospective public housing tenant).

Step 7

• Collect the keys to your new flat.

Use your Security Device / Mobile Security Key to log on and apply.

Yes, you can choose a solicitors' firm to advise you on the mortgage.

However, if you would like the same firm of solicitors to act for both you and the Bank, the firm you have chosen must be agreed by the Bank, otherwise they will not be able to act for the Bank as well, and we will need to appoint another firm of solicitors to act for the Bank.

Please also note that you need to bear the legal cost for the mortgage transaction. If there are two different firms of solicitors acting for you and for the Bank, you will need to bear the legal costs of both firms of solicitors. Each firm may charge extra fees for the additional work in reviewing the other firm’s documentation and accordingly, the legal cost for such arrangement may be higher than using just one firm of solicitors agreed by the Bank to represent both parties.

To change the amount or frequency of your mortgage repayments, please contact HSBC branch. There may be a charge for making this change: see the prevailing Bank tariff guide for HSBC Retail Banking and Wealth Management Customers for details.