From now on, those owning one house in the metropolitan area will not be able to get a lease loan if they do not have a record of living there after purchasing it. The Financial Services Commission announced on the 31st that it will implement measures to prevent the unfair use of lease loans by those who own multiple homes, starting from today. According to the announcement, from today, those who own one house in the metropolitan area and do not have a record of living there after purchasing it will not be able to get a lease loan. In the case of those who own one house outside the metropolitan area, they will be able to get a lease loan only if they have a record of living there after purchasing it. The regulation targets those who have purchased a house but have not moved in yet, as well as those who have purchased a house and are currently living in a leased house. However, those who have purchased a house due to unavoidable reasons such as a move for work or school, divorce, or the death of a family member, and have a record of living there, will be allowed exceptions. The Financial Services Commission explained that it will guide financial companies to voluntarily adjust their loan regulations to prevent the unfair use of lease loans by those who own multiple homes. The Financial Services Commission said, "We will monitor the loan practices of financial companies and take follow-up measures if necessary." The regulation applies to all lease loans, including those for apartments and commercial buildings. The Financial Services Commission emphasized, "This regulation is not aimed at limiting the rights of those who are in need of a lease loan for their actual residence, but rather at preventing multiple homeowners from taking advantage of the system."
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