Notice of the website of Tianjin Housing Provident Fund Management Center on revising the operating rules of Tianjin individual housing provident fund loan business.

The "Detailed Rules" make it clear that the number of approved units shall be subject to the number of units determined by the Tianjin Housing Transaction and Real Estate Registration Administration Department when signing the house purchase contract or the sale and purchase agreement.

For employees' families who buy the first and second houses in Tianjin, housing provident fund loans will be issued in accordance with the relevant provisions of Tianjin.

No more housing provident fund loans will be issued to employees' families who have purchased the third or above houses in Tianjin or have used housing provident fund loans twice.

If an employee divorces, the loan records of Tianjin housing provident fund before the divorce are still counted as the number of Tianjin housing provident fund loans. Housing provident fund deposit in different places to apply for Tianjin housing provident fund loans, the deposit of housing provident fund loan records should be merged with Tianjin housing provident fund loan records.

Tianjin has issued a policy of "recognizing the house but not the loan" for commercial loans, and this provident fund loan has also begun to implement "recognizing the house but not the loan". Tianjin officially opened the era of "recognizing housing and not recognizing loans".

The expected impact is limited.

According to the analysis of Tianjin Branch of the Central Reference Institute, the most important change in the new provident fund policy is the cancellation of the provision that "there are still two sets of loan records settled". If the housing provident fund loan is settled for the first time and there is no real estate in Tianjin, the second use of the provident fund can be implemented according to the first suite policy (30% down payment), but it cannot be used after using the provident fund loan twice. After the implementation of the New Deal, the provident fund standard of the first suite is basically the same as that of commercial loans.

The policy emphasizes that one of the prerequisites for the first set of qualifications is "no real estate in Tianjin". For those who have replacement needs, they must "sell one and buy one" to enjoy the new provident fund policy.

The listing of the second-hand housing market in Tianjin continues to rise, the second-hand housing market enters the "buyer's market", the selling cycle is prolonged, and the total housing price is reduced, which will affect the expectations of the replacement population. The release of replacement demand faces great resistance, and the New Deal has limited effect on the replacement population. The new provident fund policy has a great impact on the local market. The interest rate of the first home loan has dropped to the lowest level in history, the conditions for using the provident fund have been relaxed, the loan amount has been greatly increased, and the relaxed policy environment is beneficial to those who just need to buy houses.

There are precedents.

Previously, the Hangzhou Housing Provident Fund Management Committee issued the Notice on Adjusting the Housing Provident Fund Loan Policy, clarifying that employees' families have no housing, no housing loan records or commercial housing loan records and the corresponding loans have been settled. In order to improve living conditions and apply for housing provident fund loans to purchase ordinary self-occupied houses, the first suite policy shall be implemented, and the down payment ratio of loans shall not be less than 30%. Workers' families own 1 house, or have no house but have housing provident fund loan records and the corresponding loans have been settled.

If you apply for a housing provident fund loan again to buy ordinary self-occupied housing, the second suite policy will be implemented, and the down payment ratio of the loan will be no less than 40%. The scope of adjustment is to purchase ordinary self-occupied housing in Shangcheng District, Gongshu District, Xihu District, Binjiang District, Xiaoshan District, Yuhang District, Linping District, Qiantang District, Fuyang District and Lin 'an District.

According to industry insiders, with the completion of the release of the previous backlog demand, the activity of the real estate market has declined. Recently, many cities have optimized their adjustment policies, including some hot first-and second-tier cities. From the perspective of policy types, in addition to optimizing policies such as purchase restriction, many optimization policies mainly focus on provident fund policies, supporting families with many children to buy houses, optimizing household registration policies, and granting housing subsidies. Although the strength of such policies is relatively limited, the cumulative effect of many policies can still have a positive impact on the expectations of buyers and the recovery of market transactions.

For example, optimizing the provident fund policy is one of the important means for cities to support housing consumption. The extraction of housing accumulation fund has certain limitations. Policies such as multi-city provident fund support for "business to public", withdrawal of provident fund to pay down payment, and flexible employment provident fund pilot have been introduced one after another.

Expanding the scope of the provident fund and revitalizing the housing provident fund will help reduce the pressure on buyers and boost the mood of home buyers. At the same time, increasing the amount of provident fund loans will help reduce the cost of property buyers. Shanghai will increase the amount of provident fund loans for families with many children, or boost market sentiment and expectations to some extent.

In some areas, the threshold for settlement is lowered to junior college degree or settlement is cancelled, and the absorption of all kinds of talents and population is increased. The combination of housing policy and population and talent policy is conducive to promoting the inflow of population and talent, and will also promote the release of housing demand to a certain extent.

According to industry insiders, local property market policies may continue to be optimized, such as focusing on suburbs with high inventory in first-and second-tier cities, or optimizing purchase restriction conditions and loan recognition policies in accordance with the principle of one district and one policy; In combination with the birth policy, support the number of housing units, down payment ratio, mortgage interest rate and provident fund loan amount for families with many children; Reduce taxes and fees on housing transactions.