2

SATURDAY, MARCH 29, 1986

* THE IDENTITY CARD OR PASSPORT IN THE CASE OF A

PRIVATE OWNER, OR A CERTIFICATE OF INCORPORATION IF THE VEHICLE OWNER IS A LIMITED COMPANY.

THE CENTRES WILL THEN ARRANGE FOR THE CRUSHING AND

THE SERVICE IS FREE. DEREGISTRATION OF THE VEHICLE.

ENQUIRIES ABOUT THE CENTRES CAN BE MADE ON 5-8933111.

-

HOME OWNERSHIP SCHEME MORTGAGE FINANCE ACTIVE *****

ABOUT 48 FINANCIAL INSTITUTIONS ARE ACTIVELY PROVIDING MORTGAGE FINANCE FOR THE GOVERNMENT'S HOME OWNERSHIP SCHEME IN 1986.

A GOVERNMENT SPOKESMAN SAID THAT THE RESPONSE OF THE FINANCIAL INSTITUTIONS TOWARDS THIS YEAR'S MORTGAGE FINANCE EXERCISE WAS EXCELLENT.

THEIR COMMITMENT OF FUNDS WELL EXCEEDED THE ESTIMATED MORTGAGE FINANCE REQUIREMENT OF $2.4 BILLION, FOR SOME 11,000 FLATS TO BE SOLD THIS YEAR UNDER THE HOME OWNERSHIP SCHEME (HOS) AND THE PRIVATE SECTOR PARTICIPATION SCHEME (PSPS).

+THE FINANCIAL INSTITUTIONS' FAVOURABLE RESPONSE REFLECTS THEIR CONTINUED SUPPORT OF THIS WORTHY SCHEME AND THEIR CONFIDENCE IN THE DOMESTIC PROPERTY MARKET, THE SPOKESMAN SAID.

BY THE END OF 1985, A TOTAL OF SOME 60 000 FLATS HAD BEEN SOLD UNDER THE HOME OWNERSHIP AND PRIVATE SECTOR PARTICIPATION SCHEMES.

HOS AND PSPS FLAT PURCHASERS WHO REQUIRE MORTGAGE FINANCE CAN APPROACH ANY ONE OF THE PARTICIPATING FINANCIAL INSTITUTIONS FOR ASSISTANCE.

A COMPLETE LIST OF THE PARTICIPATING FINANCIAL INSTITUTIONS IS AVAILABLE AT THE HOME OWNERSHIP CENTRE, THIRD FLOOR, LOK FU SHOPPING CENTRE, JUNCTION ROAD, KOWLOON.

/3

Share This Page