Go Unlimited with Magzter GOLD
Get unlimited access to 10,000+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Mortgage rejection rates expected to remain high
Bangkok Post
|April 10, 2025
Housing sector looks to relaxed LTV limits
Mortgage rejection rates are anticipated to remain elevated due to persistent global economic headwinds, though relaxed loan-to-value (LTV) limits and lower fees may help support a recovery in the housing market, according to banks and developers.
Sumthorn Sathiraporn, president of the Housing Business Association, said relaxed LTV limits could help stimulate demand.
After the government's relief announcement, bookings at the House & Condo Expo last month doubled to 12 billion baht up from 6 billion in November 2024.
"The reduction in transfer and mortgage fees is anticipated to lift demand for units priced 7 million baht or lower," he said. "However, mortgage rejection remains an issue to watch."
He said homebuyers faced an average mortgage rejection rate of 40% in the fourth quarter of 2024. This figure rose to 45% in the first quarter of 2025.
This story is from the April 10, 2025 edition of Bangkok Post.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Bangkok Post
Bangkok Post
Three parties tout value-added crops
Three political parties — Rak Chart, New Aspiration and Pheu Thai — have unveiled proposals addressing low agricultural prices by adding value to farm products rather than selling them as raw commodities, a practice that has left farmers struggling with losses for decades.
1 mins
January 30, 2026
Bangkok Post
NY jails man for 15 years for failed plot
A federal judge in Manhattan on Wednesday sentenced a man to 15 years in prison for his role in a plot to kill an Iranian dissident in 2024, another case in which the Iranian government's global campaign to silence opponents has extended to the United States.
2 mins
January 30, 2026
Bangkok Post
Army cuts training on polling day
The Royal Thai Army is preparing to suspend field training at the Khao Chon Kai Territorial Defence Student Training Camp on Feb 8 and to shorten the programme from five days to four.
1 min
January 30, 2026
Bangkok Post
Buriram blast, BG Pathum pounce to keep hopes alive
Buriram United and BG Pathum United eked out victories in the Asean Club Championship (Shopee Cup) on Wednesday night as the Thai League 1 sides kept alive their hopes of advancing to the semifinals.
1 mins
January 30, 2026
Bangkok Post
China issues 73 lifetime bans, punishes top clubs
China's football association issued lifetime bans to 73 people, including former national team head coach Li Tie, and punished 13 top professional clubs for match-fixing and corruption, it said yesterday.
1 min
January 30, 2026
Bangkok Post
Djokovic last stand? Nole faces his toughest test against Sinner
Novak Djokovic will look to ride his good fortune into an 11th Australian Open final but the 10-time champion needs to hit the ground running in a generational semifinal clash with holder Jannik Sinner.
2 mins
January 30, 2026
Bangkok Post
Two parties push to accelerate trade talks
Thailand must accelerate finalising its negotiations on US tariffs and free trade agreements (FTAs), while exploring new markets to mitigate the effects of the trade war, say representatives from the Democrat Party and the People’s Party.
1 mins
January 30, 2026
Bangkok Post
Bloodshed in Iran marks a turning point
After two weeks of silence about the mass slaughter of Iranian protesters on Jan 8 and 9, the partial restoration of internet services in the country is allowing the first plausible estimates of how bad it was to reach the international media.
3 mins
January 30, 2026
Bangkok Post
Last dance? LeBron in tears during tribute
LA routed in possible Cleveland farewell
3 mins
January 30, 2026
Bangkok Post
BJT pitches SEZ vision for Phuket
The Bhumjaithai (BJT) Party has pitched its “visionary” policy to Phuket voters by proposing a special economic zone be established in the island province to fast-track infrastructure projects.
1 min
January 30, 2026
Listen
Translate
Change font size