In order to resolve the problems in practice and potential dangerous under current incomplete legal system, we should pay more attention to normalize mort(?)gege system of property under construction.

• 本文首先回顾了按揭制度在英国的起源和在香港的发展,明确了按揭本义是一种转移财产权益的担保方式,楼花按揭直接来源于香港的公义式按揭。