Nowadays, it is common for home-buying families to first sell the house in their name and then buy the next house within the same period, that is, "sell one, buy one". When many families "sell one to buy one", the selling cycle is too long, which affects the purchase of the next house, and even misses the house they like, or because the funds were not raised in time when the previous house was sold, they were again A breach of contract occurs against the seller when purchasing a home. In response to "serial order" transactions such as "selling one to buy one", Beijing has begun to trial the parallel processing of "serial order" business for existing housing transactions. This can greatly shorten the transaction time, thereby improving the convenience of second-hand housing transactions and helping to further Unlocking demand for improved housing.

Suppose B sells a house in his name to A and then buys a house in C's name, then A, B and C form a "serial order". Since Beijing still implements the purchase restriction policy, many families need to sell one house to free up the qualifications to buy another house. According to the traditional transaction model, B in the "serial order" must sell the house under his name and handle the transfer registration before he can be eligible to purchase C's house. The transaction cycle is long. According to the new policy piloted in Beijing this time, after A, B, and C apply for the "serial order" business, B and A only need to sign online, and B can free up the qualification to purchase a house and start the process of purchasing C's house. In other words, B’s qualification to purchase a house is released from the original property transfer registration, that is, “transfer,” to the online signing of the contract. After B completes the online signing process for buying C's house, he can handle the loan, tax payment, and registration of B's ??sale of house to A and B's purchase of house to C. Industry insiders estimate that the transaction cycle of parallel processing of "serial order" business can be reduced by up to 50 days compared with before optimization.

Second-hand housing transactions account for a relatively high proportion of real estate transactions in Beijing, of which demand for improvement housing purchases accounts for more than 30%. Relevant monitoring data shows that the transaction area of ??second-hand houses in Beijing in 2021 is significantly higher than the transaction area of ??new houses. Optimizing the second-hand housing transaction process will help improve the efficiency of existing housing transactions and better support the reasonable housing needs of home-buying families.

Recently, in terms of optimizing the second-hand housing transaction process, many cities have launched new measures of “transfer with deposit”. "Transfer with mortgage" can reduce transaction costs, facilitate transactions, and activate the second-hand housing market. It is a move that complies with public sentiment.

The so-called "transfer with mortgage" means that if the real estate with mortgage needs to be listed for trading, the seller can complete the transfer registration without first repaying the original mortgage, and the buyer can transfer with mortgage and directly obtain a financial loan. In the traditional second-hand house transaction process, if the house still has an unpaid bank mortgage loan, it is still in a mortgage state, and the transaction procedures are quite cumbersome. The seller needs to raise funds in advance to pay off the loan, which is called a "redemption deed". Only by releasing the original mortgage through the "redemption deed" can the transfer procedures be completed, and then the buyer can mortgage the property again and obtain a bank loan.

The new policy of "transfer with security" saves the seller the bridge fees derived from the early repayment of the loan, as well as the interest and security fees brought by the bridge fees, etc., which helps the seller withdraw funds as soon as possible and saves money at the same time. Trading hours. In the past, once the seller failed to raise the outstanding bank loan within the agreed time, it was likely to default on the buyer. "Transfer with security" reduces the number of service steps, shortens transaction time, and avoids defaults caused by time delays.

The second-hand housing market plays an important role in the overall stable and healthy development of the real estate market. Many second-hand houses have mature businesses and properties and good geographical locations. Compared with buying new commercial housing, which often requires a certain waiting time for delivery, many home buyers consider second-hand houses as first-time buyers or as replacements to improve their living conditions based on comprehensive consideration of the actual situation. Housing of choice. Especially in first-tier and other large cities, the transaction volume of second-hand houses has already exceeded that of new houses. At present, promoting the stabilization and recovery of second-hand housing transactions will help to drive the activity of the intermediary service industry and promote related consumption of decoration, furniture and home appliances. It is expected that more measures will be introduced to optimize the second-hand housing transaction process in various places to better meet the reasonable housing needs of families who purchase homes for immediate needs and improvements, and to promote the stable and healthy development of the second-hand housing market.