[Industry News]: Tianjin cancels restrictive housing measures

#Tianjin cancels housing sales restrictions #【#Tianjin lifts housing restrictions #】#Tianjin cancels non-ordinary housing standards for ordinary housing #Recently, Tianjin issued the "Notice of the General Office of the People's Government of Tianjin City Transmitting the Municipal Housing and Urban-Rural Development Commission and Other Six Departments on Several Measures to Further Optimize Real Estate Policies to Better Meet Residents 'Reasonable Housing Needs" to cancel restrictive housing measures. In terms of abolishing restrictive housing measures, the "Notice" proposes that first, we cancel restrictive measures on the purchase and transfer of new commercial housing and second-hand housing in this city. Guidance will no longer be implemented on the upper limit of the sales price of new commercial housing. The second is to cancel the city's ordinary housing and non-ordinary housing standards.

In terms of implementing the national financial support policy, the "Notice" proposes that, first, adjust the differentiated minimum down payment ratio policy. For households who borrow loans to purchase housing in this city, commercial personal housing loans will no longer distinguish between the first and second housing units., the minimum down payment ratio is unified to no less than 15%. The second is to optimize the pricing of individual housing loan interest rates, give full play to the role of the market interest rate pricing self-discipline mechanism, and guide commercial banks to carry out batch adjustments of existing mortgage interest rates in a safe and orderly manner. Reasonably determine the interest rate for newly issued second-home loans based on factors such as the borrower's credit status and risk level to reduce the burden on residential families. The third is to give full play to the role of the real estate financing coordination mechanism, increase the lending of real estate "white list" projects in accordance with the principles of marketization and rule of law, urge commercial banks to implement credit loan funds as soon as possible, increase the proportion of new financing loans issued, and actively Meet the reasonable financing needs of real estate projects. (Cailian)