Taking Jiangsu Province as an example, the Jiangsu Provincial Price Bureau has formulated and promulgated the Interim Measures and Code of Conduct for the Service Price Management of Commercial Banks in Jiangsu Province, which prohibits banks from passing on real estate appraisal fees and other costs to consumers when granting mortgages.
The Interim Measures and Code of Conduct for the Service Price Management of Commercial Banks in Jiangsu Province clearly stipulates that commercial banks should bear the fees for the registration of other housing ownership certificates when handling housing mortgage loan business, and shall not pass them on to the housing owners.
When a commercial bank conducts loan business review and other services, it shall bear the relevant expenses such as due diligence and collateral evaluation according to law, and shall not force financial consumers to go to relevant institutions or enterprises to receive credit information, mortgage evaluation, notarization, insurance and other services, so as to realize the benefit sharing with relevant institutions or enterprises, and pass on the operating costs to financial consumers in the form of expenses.
Extended data:
Nanjing Consumers Association believes that it is necessary for commercial banks and housing provident fund loan centers to evaluate collateral to reduce their risks by earning spreads through personal housing credit. Collateral appraisal fee is a part of credit cost and should be borne by commercial banks or provident fund centers.
However, in reality, commercial banks often take advantage of their strong position, take the agreed terms as a general rule, deliberately avoid the principle terms of bearing the evaluation fee, and force loan applicants to bear the real estate evaluation fee. Therefore, in June of 20 13, Nanjing also joined the consumer associations in Beijing and other cities 17, calling on banks not to pass on the real estate assessment fees to consumers.
People's Daily Online-Jiangsu prohibits banks from passing on costs such as real estate appraisal fees to consumers.