Why don't children buy them themselves? Because they already have a room in their name. Children use their parents' first housing quota and first loan concessions (interest rate and down payment ratio are relatively low). Therefore, in most cases, this is a relay loan in disguise. In order to ensure the safety of funds, banks also have strict audit mechanisms, such as asking family members to help guarantee, and some also require children to be designated as repayment partners in order to get loans.
4. What are the benefits of mortgage for up to 80 years for buyers?
A: Behind this loan model, it is actually "handed down from generation to generation" and is not worth promoting. However, concrete analysis of specific problems is beneficial to some families in need.
Chen Xiao, a senior analyst at Zhuge Housing Search Data Research Center, said that attention should be paid to the background of the policy. First, with the aging of the population and the extension of life expectancy, the phenomenon of middle-aged and elderly people buying houses is also increasing. At the same time, the demand for improvement has accelerated in recent years, and middle-aged and elderly people are also the main force.
Second, the recent delayed retirement policy has been focused on. In this way, some older groups can also have stable jobs and income security and stable repayment ability, which is also one of the important considerations of banks.
Third, according to the 70-city housing price index published by the National Bureau of Statistics, as of June 5438+February, 2022, the price of new houses in Nanning has been falling for six consecutive months, and the price of second-hand houses has been falling for 18 consecutive months. The current situation of cold transaction and downward price has also prompted Nanning to relax its housing loan policy to some extent.
Taking these factors into account, Chen Xiao believes that relaxing the age limit for loans will help middle-aged and elderly buyers to release some demand for housing. At the same time, parents can also have the opportunity to buy a house with their children to bear the pressure of repaying loans, which indirectly reduces the pressure on some young people to buy a house.
5. What if the buyer dies and the mortgage has not been paid off?
A: The chief lawyer of Jin v. Law Firm said that there are generally two types. One is about the guarantor. If the buyer is older, the general bank will ask the guarantor. Then once the borrower does not live to be 80 years old, after the borrower dies, the borrower's estate can be paid off first, or the heir can continue to repay the loan. When there is no inheritance to pay off or no heir to pay off, the bank may ask the guarantor to bear the responsibility of paying off or directly ask the guarantor to bear the obligation of guarantee according to the contract.
Another situation is that there is no guarantor. In this way, it can only be paid off by the borrower's estate or by the borrower's heir. When the heir is unwilling to inherit the inheritance and debts, the bank can no longer let the heir pay off, and the creditor's rights cannot be realized.
6. Will relay loans encourage real estate speculation?
A: Zhang Dawei, chief analyst of Zhongyuan Real Estate, said that in fact, young people who are now working normally do not need to use relay loans to buy houses, because the bank's examination of income certificates is not so strict now. Most of the buyers who use relay loans are aiming at improving the purchase of houses and want to buy an additional suite.
Relay loans do have the effect of amplifying residents' leverage, but there is no need to demonize relay loans. On the one hand, most relay loan buyers are not real estate speculators, because the procedures are relatively complicated and credit information will be recorded. On the other hand, relay loans are only provided by individual places and banks, and the review is very strict. In fact, even if there is no relay loan, for most families in China, parents and children are often hidden borrowers.
In addition, we need to see that the current property market is not hot and buyers are relatively rational. Making appropriate choices according to the actual situation of the family can avoid some risks.