Parents' provident fund can buy a house for their children. According to the latest regulations of provident fund, children can use their parents' housing provident fund to buy a house. For unmarried children, if they want to buy ordinary real estate, parents can take out their own provident fund balance to let their children borrow money to buy a house, and parents can repay together. Purchase provident fund, meet the following conditions, are eligible to withdraw their parents' provident fund:
1, certificate of immediate family members, household registration book;
2. The person who withdraws the provident fund and the purchaser must be in the same household registration book. If the children's household registration book is established separately, the provident fund cannot be withdrawn;
3. Meet other conditions for purchasing a house to withdraw the provident fund.
Regulations on the administration of housing provident fund
Article 24
In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time.
If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.
Can children buy a house with their parents' provident fund loans?
Legal analysis: children can use their parents' provident fund to buy a house. Because children and parents are immediate family members, they can repay with the balance of their parents' provident fund.
Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund: In any of the following circumstances, employees may withdraw the storage balance in their housing provident fund accounts:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund. "
skill
The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.
Can the provident fund repay the children's house purchase loan?
Legal analysis: Yes. Children can withdraw their parents' housing provident fund when they buy a house. Unmarried children living with their parents can buy ordinary self-occupied houses, and parents can withdraw the balance of their provident fund accounts. If children borrow money to buy a house and parents participate in the repayment, they can withdraw according to the repayment method of provident fund, not only the down payment, but also the principal and interest of provident fund repayment every year. Those who meet the following conditions are eligible to withdraw their parents' provident fund: 1, proof of immediate family members and household registration book; 2. The person who withdraws the provident fund and the purchaser must be in the same household registration book. If the children's household registration book is established separately, the provident fund cannot be withdrawn; 3. Meet other conditions for purchasing a house to withdraw the provident fund. The latest loan conditions of the provident fund are: buying a self-occupied house with ownership in this city; Before applying for provident fund loans, the housing provident fund has been paid normally for 6 months continuously; The borrower's family has no outstanding housing provident fund debt. If you did not apply for provident fund loans when buying a house, you can apply for the withdrawal of housing provident fund with real estate license, purchase contract, purchase invoice, ID card, relationship certificate, withdrawal certificate issued by the unit to which the provident fund account belongs and withdrawal application form within 6 months after the issuance of real estate license.
Legal basis: Article 24 of the Regulations on the Management of Housing Provident Fund is under any of the following circumstances: (1) purchasing, building, renovating or overhauling self-occupied housing; (2) retirement; (three) completely lose the ability to work, and terminate the labor relationship with the unit; (4) Having left the country to settle down; (5) Repaying the principal and interest of the house purchase loan; (six) the rent exceeds the prescribed proportion of family wage income.
Can the provident fund buy a house for children?
Parents can use their own provident fund to buy houses for unmarried children. The housing accumulation fund is based on the family, which includes both husband and wife and minor children. Immediate family members need to show their original ID card, original household registration book and proof of the first suite when applying for other people's housing provident fund.
legal ground
Article 24 of the Regulations on the Management of Housing Provident Fund
In any of the following circumstances, employees may withdraw the storage balance in the employee housing provident fund account:
(a) the purchase, construction, renovation and overhaul of owner-occupied housing;
(2) retirement;
(three) completely lose the ability to work, and terminate the labor relationship with the unit;
(4) Having left the country to settle down;
(5) Repaying the principal and interest of the house purchase loan;
(six) the rent exceeds the prescribed proportion of family wage income.
In accordance with the provisions of items (2), (3) and (4) of the preceding paragraph, the employee housing provident fund account shall be cancelled at the same time. If an employee dies or is declared dead, the employee's heirs and legatees may withdraw the storage balance in the employee's housing provident fund account; If there is no heir or legatee, the storage balance in the employee housing provident fund account shall be included in the value-added income of the housing provident fund.
skill
The above answer is only for the current information combined with my understanding of the law, please refer carefully!
If you still have questions about this issue, I suggest you sort out relevant information and communicate with professionals in detail.
This concludes the introduction of how to use provident fund loans to buy houses for children and how to use provident fund loans to buy houses for children. I wonder if you have found the information you need?