In fact, not only state-owned banks, but also some large-scale joint-stock banks in Shenzhen have strengthened the management of housing mortgage loan.
Han Xiao (pseudonym), a customer manager in charge of credit business of a branch of China Merchants Bank in Shenzhen, told the Securities Daily that the news of tightening the mortgage loan is true.. Generally speaking, housing loans will be tightened by the end of the year, he said. At present, different product requirements are not the same, some will require company flow, some only have requirements for personal flow, some products have no requirements for flow. Generally speaking, the company holds shares for six months and the house transfers for half a year to meet the basic threshold.
A person in charge of the Shenzhen area of Bank of Beijing told the Securities Daily: in the aspect of mortgage loan for housing , the bank requires the lender to use the money in real terms for business operation, and the examination will be more strict. A large part of the reason is to prevent the illegal inflow of funds into the real estate market. In terms of time limit, we will not relax in the short term.
Under strict supervision, commercial banks generally raise the threshold of housing mortgage. Take the transfer time of mortgaged real estate as an example. In the past, some banks did not require the transfer time of real estate, while some banks only required one or two months. However, at present, banks generally set the time limit for more than half a year.
However, for speculators, the temptation of illegal use of housing mortgage funds still exists. Even if the customer is found to have used the funds for other purposes such as buying a house, the bank may at most require the customer to repay the money in advance, which has a limited impact on personal credit. Han Xiao said.
Su Xiaorui told the Securities Daily: in addition to illegal inflow into the property market, there were some enterprises who applied for bank loans during the epidemic period, used low-cost loan funds to purchase structured deposit financing and other arbitrage , resulting in capital idling. As a result, large state-owned banks tightened real estate business loans, which can objectively play a certain role in curbing such arbitrage.
Prevent illegal entry of funds into the property market
This time, some banks in Shenzhen tightened the housing mortgage loan against the background that after the regulation and control of the Shenzhen property market on July 15, transactions in the second-hand housing market have cooled down, but the transaction price is still relatively firm; at the same time, the transaction of Shenzhens first-hand housing market is still relatively hot.
Yan Yuejin, research director of the think tank center of E-House Research Institute, said in an interview with the Securities Daily: the issue of similar business loans has also been a topic of concern when housing prices were hyped in Shenzhen before. Tightening itself is also to prevent illegal property speculation by borrowing business loans, or to prevent all kinds of illegal funds from entering the Shenzhen property market. Shenzhens recent housing prices have been suppressed, but still need to guard against price rebound and other risks.
According to the data released by the National Bureau of statistics on October 20, the sales price of second-hand residential buildings in Shenzhen rose by 1.1% month on month in September, ranking the first among the four first tier cities and the second among the 70 large and medium-sized cities in China, second only to Xuzhou; the sales price of newly-built commercial residential buildings rose by 0.4% month on month, which was consistent with the average month on month increase of the four first tier cities.
As for the firmness of second-hand house prices, Qian Shuang (pseudonym), who is engaged in second-hand housing intermediary business in Xili street, Nanshan District, Shenzhen, told the Securities Daily: the mentality of the owners is still very good. Unless they need money urgently or the house is not five only , they will not reduce prices easily. For example, there was an owner who wanted to sell his house and replace it with a new one, but he lost his quota. Therefore, he was not in a hurry to sell his house. There was no question of price reduction.
In terms of first-hand housing, according to the data of Shenzhen Zhongyuan Research Center, transactions in the new housing market continued to rise in September, with a total of 7069 commercial housing units signed online, up 17.2% month on month; the transaction area was 635200 square meters, up 20.1% month on month. Among them, 4871 sets of residential online signatures increased by 19.5% month on month.
Under the background of increasing supply, the restriction of housing mortgage may release space for real demand, which is conducive to Shenzhen property market to continue to adhere to the housing and housing speculation.
Yan Yuejin told the Securities Daily: the regulation of funds is of positive significance and conveys the guidance of the current real estate market, that is, illegal funds are not allowed to enter the market. For the Shenzhen property market, the elimination of speculation funds will enable more housing resources to be introduced into the hands of just in need buyers, which will help to promote the healthy development of the real estate market
Source of this article: Yang Qian, editor in charge of Securities Daily_ NF4425