More than 20 cities have launched the second-hand housing "transfer with mortgage" policy effect has yet to be fully revealed

　　Author: Android

　　Another key city launched the second-hand housing "transfer with mortgage" model.

　　On January 5, six departments including the Shenzhen Bureau of Housing and Urban-Rural Development issued the "Work Plan for Promoting Second-Hand Housing "Transfer with Charge"" (hereinafter referred to as the "Work Plan"), which clarified the "transfer with charge" of second-hand housing. In the process of "mortgage in sequence" and second-hand housing transfer and mortgage "double notice registration" mode, the handling process, work division and guarantee mechanism, etc.

　　The so-called "transfer with mortgage" of second-hand housing refers to the mortgaged real estate. Without paying off the loan in advance, the transfer, re-mortgage and new loan are issued, so that the old loan can be repaid with the purchase price.

Incomplete statistics from China Business News show that since August 2022, more than 20 cities, including Shenzhen and Guangzhou, have successively announced the launch of the transaction mode of "transfer with mortgage" for second-hand housing.

Among them, in September 2022, Guangzhou issued the first official document from the domestic financial regulatory department to encourage the promotion of "transfer with custody". " business process.

　　Yan Yuejin, research director of Shanghai E-House Real Estate Research Institute, said that the "transfer with mortgage" model is an important financial innovation in 2022. In actual operation, it has brought positive effects to second-hand housing transactions.

　　Encourages full exploration

　　According to the above-mentioned Shenzhen work plan, in the process of "transfer with mortgage" of second-hand housing, through the implementation of various modes such as "mortgage in sequence", second-hand housing transfer and "double notice registration" of mortgage, the business process is optimized, and the transaction of second-hand housing is more efficient. Efficient and convenient.

In the process of second-hand housing transactions, buyers and sellers can choose to apply the "transfer with mortgage" mode of second-hand housing, and the real estate transaction must meet the conditions that there is no other mortgage other than the original bank loan mortgage.

　　In addition, the work plan also requires that the pilot projects be steadily promoted and comprehensive exploration encouraged.

In terms of the scope of the pilot program, first try to promote the "transfer with mortgage" of second-hand housing where the buyer makes a one-time payment or the lending bank of the buyer and the seller is the same bank, and then gradually promote the "transfer with mortgage" business where the lending bank of the buyer and the seller is not the same bank.

At the same time, all banks are encouraged to first try to handle the "transfer with mortgage" business where the loan bank of the buyer and the seller is not the same bank.

In terms of models and practices, in addition to the "sequential mortgage" and "double notice registration" models, active exploration of other models is encouraged to accumulate experience for the comprehensive promotion of second-hand housing "transfer with mortgage".

　　"Shenzhen's policy is still relatively cautious." Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, said that the transaction volume of second-hand housing in Shenzhen has hit a record low since last year.

　　In addition to Shenzhen, at the end of December 2022, the Housing and Urban-Rural Development Bureau of Dongguan City also issued the "Notice on Promoting the "Transfer with Charge" Model of Stock Commodity Housing" (hereinafter referred to as the "Notice") to explain the "Transfer with Charge" model. illustrate.

　　The "Notice" stated that the implementation of the "transfer with mortgage" model of stock commercial housing can effectively reduce the risk and cost of housing transactions, shorten the housing transaction cycle, and stimulate the transaction vitality of the stock commercial housing market. Promote each other, better meet rigid and improved housing needs, and promote the stable and healthy development of the real estate market.

　　Incomplete statistics from China Business News show that since August 2022, more than 20 cities have successively announced the launch of the transaction mode of "transfer with mortgage" for second-hand housing, including Shenzhen, Guangzhou, Dongguan, Xi'an, Ningbo, Suzhou, and Wuxi. , Jinan and other hot cities, as well as third- and fourth-tier cities such as Zhongshan, Lishui, Weifang, and Huaian.

　　The situation of not the same lending bank is limited

　　However, in actual operation, the progress of the "transfer with mortgage" model in some cities is not satisfactory, which is mainly reflected in the situation that the buyer and the seller are not the same lending bank.

　　In this regard, Li Yujia analyzed the reasons behind it in three aspects: first, the loan evaluation models of different banks are different, and there is a gap in the evaluation value of the same property; second, it involves the specific interests of different banks, such as the loss of high-quality loans and the reduction of deposits etc.; thirdly, some banks are still wary of the business risk of "transfer with mortgage".

　　Li Yujia believes that there are some subtle changes in the current commercial housing market, including the improvement of residents' expectations for the property market in hot cities; the loosening of purchase restriction policies and the release of demand by "receiving loans but not houses" have certain effects; sales offices in some cities The number of visits has increased; the differentiation is obvious, and the transactions of houses with prices lower than market expectations have increased; the recent transactions of rigid-demand second-hand houses with a controllable total price have increased rapidly; second-hand houses in the central area are better than those in the periphery; the overall price of new houses is reasonable and the performance is excellent in second-hand housing.

　　"Generally speaking, the current market sentiment of home buyers is still at a historically low level, and this situation will continue until at least around March 2023. As for whether the property market can improve in the second quarter, it depends on whether the epidemic situation subsides and employment after the Spring Festival , whether consumption can rebound, and the strength of policy stimulus.” Li Yujia said.