1. Within the urban area (Shinan District, Shibei District, Licang District, Laoshan District, Huangdao District, Chengyang District, including the High-tech Zone, the same below), we can provide services for purchasing houses. Families that are not residents registered in this city and have paid personal income tax or social insurance payment certificates for 12 consecutive months or more in this city (six districts and four cities, the same below) within 2 years before the date of application (none of the family members have this city’s household registration certificate) Municipal household registration, the same below), the purchase of one house (including newly built commercial housing and second-hand housing, the same below);

For non-city household registration residents who already own one or more houses in the urban area , or non-local resident households that are unable to provide proof of personal income tax payment or social insurance payment proof that they have paid in this city for 12 consecutive months or more within 2 years from the date of home purchase application, are temporarily not allowed to purchase a house.

Replacement of personal income tax payment certificates or social insurance payment certificates will not be recognized.

2. When applying for a housing provident fund loan for the first or second time, the minimum down payment ratio will be increased from 20 to 30 when purchasing a newly built house, and the minimum down payment ratio will be increased from 30 to 40 when purchasing a second-hand house.

3. As approved by the interest rate self-discipline mechanism, the minimum down payment ratio for commercial loans for purchasing first homes within the urban area will be increased from 20 to 30, and the minimum down payment ratio for commercial loans for purchasing second homes will be increased from 30 to 40 . Mortgage loans for households purchasing their third or more homes will be suspended.

What does house purchase restriction mean?

1. Housing purchase restrictions are based on family units. A family can only purchase one new commercial house. House buyers need to be truthful when purchasing a house. If you are found to have provided false information to fraudulently purchase a house, you will not be able to apply for a real estate certificate. This is the first time in the country that a purchase limit on the number of homes purchased by a family has been proposed.

2. According to China's real estate regulation policy, the principle of a policy system that requires less market intervention and is in line with the development laws of the industry and is conducive to long-term and stable development should be followed. Therefore, in addition to strengthening housing security, long-term purchase restrictions on commercial housing should be implemented in cities to completely curb speculation and excess. At the same time, some existing non-market regulatory measures will be canceled to ensure the long-term stable and healthy development of the industry.