Bank of Thailand to retain LTV regulation

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Impact of new LTV regulation on SPALI Dear Investors, Due to the announcement from Bank of Thailand (BoT) regarding the new regulation on the Loan to Value (LTV) allowed for commercial banks to give to mortgage loan customers, the company would like to clarify the impact that this new regulation will have on our operations as followed:

Maximum Loan to Value Ratio Note : * Maximum LTV Ratio is the maximum credit limit to purchasing price. ** Purchasing Price complies with the Bank of Thailand regulations. *** If refinancing, the bank will provide a credit limit equal to 100% of outstanding loan and customers can apply for a multi-purpose loan plus

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Siamese Asset Shrugs Off LTV Regulation | Invest Bangkok Property. Property developer Siamese Asset Co is unconcerned about the central bank’s loan-to-value (LTV) limit on mortgage lending, as it already collects a down payment of 20% of the unit price.

Bank of Thailand to retain LTV regulation In an effort to reduce speculation in the residential property market, Thailand’s central bank announced new rules at the start of October that will toughen mortgage lending requirements. From January 2019, a cap of 80% will be placed on the loan-to.

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FAQ – New regulations on residential mortgage lending 1. What loan-to-income (LTI) restrictions on residential mortgage lending is the Central Bank introducing? A LTI limit of 3.5 times gross annual income applies to all new lending for principal-dwelling homes

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Buoyant tourism and Chinese demand to keep Thai property market demand healthy.. Siamese Asset Shrugs Off LTV regulation. property developer siamese Asset Co is unconcerned about the central bank’s loan-to-value (LTV) limit on mortgage lending, as it already collects a down payment of 20% of.