§ Mr. Parryasked the Secretary of State for Foreign and Commonwealth Affairs if he will make a statement on the availability of long-term mortgages in Hong Kong
§ Mr. Rifkind:Loans against the security of property are normally provided by banks and other deposit-taking institutions in Hong Kong; 10 years is the period for most loans, but some are for up to 15 years. Fifteen years is the standard period for loans to purchasers of flats under the Hong Kong Government's home ownership scheme.