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Phuket 'Needs Lease Changes, End to Corruption'

Chutima Sidasathian Phuket Wan 17.08.2009

Banks becoming more flexible on mortgage defaults

Vicky Kapur Emirates Business 247 08.07.2009
Phuket 'Needs Lease Changes, End to Corruption'

EXPATS should be free to lease properties in Thailand for three periods of 60 years, not three periods of 30 years, the President of the Real Estate Association of Thailand, Kitipon Promoth Na Acyuttdhya, told a conference on Friday.

Banks becoming more flexible on mortgage defaults

Banks and other lending institutions are becoming more flexible in dealing with customers in financial trouble, as mortgage defaults in the UAE are expected to rise with an increasing number of people unable to service their outstanding debt.


 




 
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