LTV 40% regulation applies to real estate dealers starting Monday
- 5 years ago
Starting today, a borrowing limit of 40 percent of a property's value... will apply not only to real estate rental businesses.... but to all property investors.
The government has designated 31 areas across the country, including Seoul, Sejong City and others as overheated and speculative.
The tighter LTV regulations comes as part of government efforts to help stabilize housing prices in the country.
The government has designated 31 areas across the country, including Seoul, Sejong City and others as overheated and speculative.
The tighter LTV regulations comes as part of government efforts to help stabilize housing prices in the country.