It is worth noting that at present, the relevant state departments are promoting the transformation of old residential areas, and the corresponding adjustment of provident fund policy can financially support and promote the transformation of old residential areas.
Recently, the housing provident fund policy has been adjusted in many places. What exactly does it include? What impact will it have on the local real estate market?
The reporter found that since July this year, at least 20 cities have adjusted their housing provident fund policies, including: First, the amount of provident fund loans has risen and fallen. For example, Yangzhou, Jiangsu requires that the maximum amount of provident fund loans be restored from 350,000 yuan to 500,000 yuan; Wuxi, Jiangsu lowered the maximum amount of provident fund loans from the previous 500,000 yuan to 300,000 yuan.
Second, housing provident fund loans realize mutual recognition and mutual loans between cities. For example, since September 17, Xuzhou, Jiangsu Province has taken the lead in opening mutual recognition and mutual loan of housing provident fund loans in seven core cities of Huaihai Economic Zone, including Suzhou, Huaibei, Shangqiu, Heze, Zaozhuang, Lianyungang and Suqian, that is, mutual recognition of deposits and loans. The above-mentioned seven contracted cities paid employees to buy houses in Xuzhou, and the restrictions on household registration of provident fund loans were cancelled in accordance with the Xuzhou provident fund loan policy.
Third, the procedures for provident fund loans are becoming more and more simplified. For example, Huzhou, Zhejiang Province stipulates that provident fund lenders will no longer need to issue income certificates to declare interest discounts. After printing the application form, they can bring relevant information and only need to run once. Nanning, Guangxi also proposed that employees no longer need to fill in the application form for housing provident fund withdrawal.
Fourth, the old community can withdraw the provident fund by adding elevators. For example, Wuhan, Hubei, Xingtai, Hebei and other places have issued regulations that elevators can be installed in residential areas to withdraw the storage balance in the depositor's housing provident fund account.
The fifth is to extend the term of provident fund loans. The longer the term, the less pressure employees have on repayment, which is good news for employees who just need to buy a house. For example, Chengdu, Sichuan, proposed that if you apply for re-trading mortgages, the maximum loan period is 30 years; The term of provident fund loan for second-hand house buyers in Wuhan can be extended by 10 year compared with that before the detailed rules are adjusted.
The reporter found out that the adjustment of the provident fund policy has a certain relationship with the trend of the local property market. For example, Wuxi, Jiangsu, Beihai, Guangxi and other cities that have tightened their provident fund loan policies are all cities where the prices of newly-built commercial housing and second-hand housing have continued to rise slightly recently. A series of adjustments made by the multi-site provident fund policy in terms of withdrawal scope and loan life are expected to play a certain role in the regulation of the local property market.
At the same time, however, some cities have relaxed the restrictions on provident fund loans in order to support the first set and improved demand. It has always been the basic function and direction of the provident fund policy to meet the basic housing needs of employees and reduce the pressure on employees to buy houses.
The annual report of the National Housing Provident Fund in 20 18 shows that among the individual housing loans issued in 20 18, the low-and middle-income groups accounted for 95.73%, the first housing loan accounted for 85.9 1%, and the ordinary housing loans below 144 (inclusive) accounted for 89.45% and 49.44%.
In addition, the housing provident fund also guarantees housing through multiple channels. On the one hand, new measures such as mutual recognition and mutual loan in different places will greatly facilitate employees to use the provident fund. On the other hand, the housing provident fund not only plays a role in the purchase of houses by employees, but also continuously increases the support for housing leasing in big cities with net population inflow, and promotes both rent and purchase to ensure the employees' living in peace.
It is worth noting that at present, the relevant state departments are promoting the transformation of old residential areas, and installing elevators is a topic of concern to residents of old residential areas. According to the Regulations on the Management of Housing Provident Fund, those who purchase, build, renovate or overhaul their own houses can withdraw the storage balance in the employee housing provident fund account. Some cities suggest that the provident fund can be used to install elevators, which can financially support and promote the transformation of old communities and improve the living conditions of employees who pay the provident fund. (Economic Daily reporter Yan Shu)