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Why does a ‘lodging a caveat’ matter in a property transaction?

When you purchase a private property, one of the first things your law firm will do for you after you’ve exercised the Option To Purchase (OTP) is to lodge a caveat. This is mostly a “behind the scenes” event for most buyers, but it’s more important than you’d think. On top of that, a caveat...

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Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners

In an effort to fight inflation and cool consumer spending, the US Federal Reserve has increased its interest rate by 75 basis points – its highest rate hike since 1994. This would set the Fed’s benchmark federal-funds rate – or in layman’s terms, the rate banks lend to each other – to between 1.5% and...

The post Singapore banks revising home loan mortgage rates in line with US interest rate hike, sending letters to homeowners appeared first on 99.co.

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What you must know before buying Singapore property…

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