Got questions? We’ve prepared some answers.

Whether you are a first-time visitor or a seasoned investor, here you find the answers to our most common questions.
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All FAQs

Repayment & Privacy

Loan Details

Loan Application Process

General Information

What are the minimum and maximum loan amounts I can apply for?
Loan Details

You can apply for loans ranging from £100,000 to £350,000 GBP.

How does GOGOPROP protect my personal and financial information?
Repayment & Privacy

We adhere to Hong Kong's data protection laws and host our servers with AWS, ensuring your data is fully protected.

Can I make additional payments towards my loan, and how are they handled?
Repayment & Privacy

We charge the interest upfront, so you will not need to make any further payments until the second payment date.

Can I repay my loan early, and if so, are there any penalties?
Repayment & Privacy

Yes, you can repay your loan early without any penalties.

How is the value of my property assessed by GOGOPROP?
Loan Details

The value of your property will be assessed by a RICS chartered surveyor for an accurate valuation.

What properties qualify for GOGOPROP’s asset-backed loans?
Loan Details

Currently, our asset-backed loans are available for buy-to-let properties in the UK and rental properties in Hong Kong.

What are the interest rates for GOGOPROP loans?
Loan Details

Our loans have an interest rate of 1% per month.

How does an asset-backed loan differ from a traditional credit-based loan?
Loan Details

Traditional banks primarily review your credit history and financial situation when processing a loan application. In contrast, asset-backed loans prioritise the value of your assets, which usually gives you as a borrower more flexibility.

What exactly is an asset-backed loan?
Loan Details

An asset-backed loan focuses on the value of your collateral assets rather than your credit history. This means that if you have missed a few credit card payments, we still consider your overall asset value.

What types of financing solutions does GOGOPROP offer?
Loan Details

For the time being, we offer buy-to-let short-term property loans and equity release on existing cash-bought properties.

How fast can I receive funding once I apply?
Loan Details

You can receive funding in as little as 10 days after your loan application is approved.

Are there any upfront fees I should be aware of when applying for a loan?
Loan Application Process

There are no upfront fees until we are ready to carry out a property valuation.

What information do I need to provide during the loan application process?
Loan Application Process

You will need to submit an enquiry through "Apply Now" and provide your ID/Passport, proof of residency, main bank account statement, proof of assets, proof of income (if any), property exchange contract (for off-plan purchases), and a TransUnion credit report.

Can I apply for a loan if I am not a resident of Hong Kong?
Loan Application Process

Most likely, yes. However, you will need to contact our support team to confirm your eligibility.

Who can apply for a loan with GOGOPROP?
Loan Application Process

We have now opened our doors to international clients, except UK residents. However, Hong Kong residents remain our primary focus.

How long does the loan approval process take?
Loan Application Process

You will receive the first indication of your loan approval status within 24 hours. Then the loan approval time will be around 5 days. As soon as the valuation report is returned from the surveyor we are able to make a decision.

What support does GOGOPROP offer if I have questions during the loan process?
Loan Application Process

We offer 24-hour customer support to assist you with any questions or concerns throughout the loan process.

What is GOGOPROP, and how does it differ from traditional banks?
General Information

GOGOPROP is asset-focused lender. We offer a faster, more efficient, and more flexible approach to property lending compared to traditional banks. Our streamlined processes and focus on asset value over credit history set us apart.

Is GOGOPROP a bank?
General Information

No, GOGOPROP is not a bank. We are a asset-focused lender, dedicated to providing tailored financing solutions specifically for property investments.

How do I apply for a loan?
General Information

Applying for a loan with GOGOPROP is done digitally and the process is very simple and straightforward. Just click on "Apply Now" to start your application or press here.