First, Guangzhou's purchase restriction policy
Households with registered permanent residence in Guangzhou can buy two sets of new commercial housing or second-hand housing in the main city; Guangzhou registered households who don't own houses in this city must pay social security or individual tax for three years or more within the first five years from the date of purchase, and provide proof of payment before they can buy new commercial houses or second-hand houses in this city.
2. What is the down payment ratio for buying a house in Guangzhou?
1. If you buy the first suite in Guangzhou with a commercial loan, you can get a loan of 70% of the appraised house price, then the down payment ratio is 30% of the appraised house price. However, commercial loans not only recognize the house, but also recognize the loan, that is to say, the use of commercial loans depends on whether there is a real estate in the name of the lender and whether the applicant has a loan record. Even if the house has been sold, the loan has been paid off.
2. If you buy the first suite in Guangzhou with a provident fund loan, you can get 80% of the appraised house price, then the down payment ratio is 20% of the appraised house price. However, if the housing area is less than 90 square meters and the housing area is more than 90 square meters, the down payment ratio will be increased to 30%.
3. However, when using provident fund loans to buy a house, buyers can generally only borrow 800,000 yuan, which means that the amount of provident fund loans will not exceed 800,000 yuan, but it depends on the amount and proportion of the lender's provident fund deposit.
Summary: What are the relevant contents of Guangzhou's purchase restriction policy? I hope I can help you. If you want to buy a house in Guangzhou, you need to meet certain purchase conditions, especially for foreigners. It is not easy to settle down in Guangzhou!