National first! There is no need to repay the loan in advance or advance, Jinan announced the "transfer of the second-hand house with mortgage", what signal does it send?

　　On August 17, the Jinan Municipal Bureau of Natural Resources and Planning, in collaboration with the Jinan Housing Provident Fund Center and the Municipal Bureau of Justice, announced the innovative launch of "transfer with mortgage" registration for second-hand housing. Advance funds, that is, you can complete the transfer, re-mortgage and issue a new home loan without first repaying the original home loan.

At present, the model has been successfully piloted in CCB, ICBC, Bank of Beijing and other banks, and will be fully implemented in the city's second-hand housing market.

　　Industry insiders believe that the new model of second-hand housing transactions in Jinan can save capital costs while improving the efficiency of second-hand housing transactions, which is conducive to stimulating the vitality of second-hand housing market transactions and promoting housing consumption.

It is expected that more cities will follow up in the future and provide policy support in second-hand housing transactions.

Jinan's first second-hand housing "transfer with mortgage"

　　On August 17, the Jinan Municipal Bureau of Natural Resources and Planning, in collaboration with the Jinan Housing Provident Fund Center and the Municipal Bureau of Justice, announced the innovative launch of "transfer with mortgage" registration for second-hand housing. Advance funds, that is, you can complete the transfer, re-mortgage and issue a new home loan without first repaying the original home loan.

　　Jinan Municipal Party Committee and Municipal Government held a press conference to release and interpret the new registration model of second-hand housing "transfer with mortgage" that Jinan City has just launched.

　　Duo Bing, a first-level researcher of the Jinan Municipal Bureau of Natural Resources and Planning, introduced that the Municipal Bureau of Natural Resources and Planning, in conjunction with the Municipal Housing Provident Fund Center, issued the "Notice on Implementing the "Double Advance Registration" of Provident Fund Loans for Existing Housing Transactions, promoting the transfer of existing housing and Mortgage "double advance notice and pre-transfer registration" model, adjust the process of provident fund loan lending, and adjust the process of lending after formal transfer of mortgage to advance registration and lending, in order to achieve "repaying old loans with new loans" and "transfer with mortgages" "The implementation of the new process provides policy guarantees.

　　It is understood that in order to further provide convenience to both parties and financial institutions, the Real Estate Registration Center of the Municipal Bureau of Natural Resources and Planning has expanded the online application system. After the bank loan approval is completed, the mortgage advance registration can be applied online. Advance Registration".

At the same time, actively extend the pre-announcement registration port to real estate development enterprises and housing brokerage agencies, further simplify the processing process, shorten the processing time, and facilitate the people and enterprises. Safe escort.

　　After the implementation of the new process of "transfer with mortgage", "enter a window, submit a set of materials, and handle a business", the buyer and the seller do not need to run errands, transfer and mortgage "double advance registration" can complete the online application through the bank, transfer registration and The mortgage registration can be processed simultaneously, and the mortgage advance registration is automatically converted into the original registration. The seller can get the purchase price on the same day or the next day after the transfer registration is processed, and settle the original bank loan.

On the one hand, the number of errands by the masses has been reduced. On the other hand, the processing time limit has been reduced from the original ten days to 1-3 working days, which will further stimulate the transaction vitality of the second-hand housing market and inject new impetus into the market.

Stimulate the vitality of second-hand housing market transactions

　　Li Yujia, chief researcher of the Housing Policy Research Center of the Guangdong Provincial Urban Planning Institute, pointed out that in recent years, the proportion of second-hand housing in all housing transactions in the country has declined. One of the main reasons is that the transaction cost of second-hand housing is too high and the cycle is too long.

In hot areas, as long as the listed price is not lower than the market price, the second-hand housing transaction will take 6-12 months, of which foreclosures and loans account for half of them, which hinders the demand for "sell one, buy one" for house replacement. Affecting new house transactions and impacting the virtuous circle of real estate.

　　Li Yujia said that at present, the housing needs of hot cities include both new residents renting and buying houses, and old residents changing houses.

Among them, second-hand housing occupies an important position. Its characteristics of small size, excellent location and wide distribution can help new citizens get on the bus and settle down, and old citizens can change their houses to improve. In the form of "chain order", one transaction order can drive multiple suites Trading, so as to achieve the special effects of enriching supply, active trading, and promoting a prosperous market.

　　"Jinan's policy will help speed up the demand for changing houses and increase the transaction volume of new houses. It will encourage new citizens to buy second-hand houses and settle down in the city. This model can be promoted nationwide and further promote a virtuous circle in the real estate market. "Li Yujia said.

　　Chen Wenjing, the market research director of the Index Division of the China Index Research Institute, also said that the "transfer with mortgage" of second-hand housing indicates that when buying a second-hand house with an existing mortgage loan, you can transfer, re-mortgage and issue new housing without first paying off the mortgage loan. Loans, while saving capital costs, can also improve the efficiency of second-hand housing transactions, which is conducive to stimulating the transaction vitality of the second-hand housing market and promoting housing consumption.

In the short term, the "Jinan Model" also provides reference for other cities. It is expected that more cities will follow suit in the future and provide policy support for second-hand housing transactions.

　　On August 16, Premier Li Keqiang presided over a symposium on the economic situation of the main leaders of the governments of major economic provinces. Leaders from Guangdong Province, Jiangsu Province, Zhejiang Province, Shandong Province, Henan Province and Sichuan Province participated in the meeting. With a large population, we must find more ways to promote consumption, expand large-scale consumption such as automobiles, and support rigid and improved housing needs.”

　　Chen Wenjing believes that in order to better support the rigid and improving demand for housing, the housing policies of the major economic provinces are expected to be further optimized and implemented. Jinan, Shandong Province reduced the down payment ratio of provident fund loans, reduced the down payment ratio in the short term, lowered the mortgage interest rate, and optimized the purchase restriction policy.

With the continuous adjustment of real estate policies in provinces with better economic fundamentals, the real estate market in these regions, especially the market activity in hot cities, is expected to improve.

(Broker China)