The "Notice" clearly adjusts the down payment ratio of the first set of housing provident fund loans. For those who use the housing provident fund loan for the first time, the down payment ratio of new commercial housing will be adjusted from 30% to 20%, and the down payment ratio of second-hand housing will be adjusted from 40% to 30%. This policy shall be implemented as of the date of promulgation for a trial period of one year.
At the same time, adjust the access conditions for housing provident fund loan projects. High-rise residential projects have reached two-thirds of the main building from the construction progress, and can be applied after obtaining the "Pre-sale Permit for Commercial Housing". This policy shall be implemented as of the date of promulgation for a trial period of one year.
In addition, the "Notice" mentioned that commercial banks that withdraw housing provident fund on a monthly basis to repay individual housing loans will start. Employees who have not used housing provident fund loans are allowed to withdraw housing provident fund every month to repay personal housing loans of commercial banks. At the same time, suspend the transfer of part of the balance of individual housing loans of commercial banks to housing provident fund loans. This policy will be implemented from August 1 day, 2022.
Xuzhou Housing Provident Fund Management Center said that from the 6th, it will further strengthen cooperation with commercial banks and increase the number of banks handling housing provident fund portfolio loans.
On the same day, Xuzhou also issued the Notice on Relevant Support Policies for the Deposit and Use of Housing Provident Fund during the Epidemic Period. During the period from June 6th to February 3rd, 20221,if the housing accumulation fund is withdrawn to pay the rent, the withdrawal amount shall be truthfully withdrawn according to the amount incurred. The maximum monthly withdrawal amount of husband and wife will be increased from 800 yuan to 1200 yuan, and the annual withdrawal amount will not exceed14,400 yuan.
Previously, Xuzhou Housing and Construction Bureau, Municipal Assets Planning Bureau, Xuzhou Central Sub-branch of the People's Bank of China and other relevant departments held a working meeting on the real estate industry's resumption of production and relief in Xuzhou Housing and Construction Bureau on April 28th this year. It was proposed at the meeting that Xuzhou will accurately put residential land according to market changes and control the scale of land supply for areas with long de-chemical cycle; The bid bond for the land to be listed for sale is adjusted from the original land listing starting price 100% to 50%, and the remaining transfer fee is paid before handling the construction project planning permit, with the longest period not exceeding 6 months.
At the same time, Xuzhou will guide financial institutions to increase personal housing mortgage loans, reduce the interest rate of housing loans, actively carry out the portfolio loan business of "provident fund commercial banks", and effectively reduce the burden of personal housing consumption.
In order to meet the needs of all kinds of consumers, Xuzhou City has also made it clear that the transfer of newly purchased commercial housing above 144 square meters is not restricted, except as otherwise agreed in the land transfer contract.