Rent loan deposit arbitrage space long rental apartment fund pool risk to be solved

category:Finance
 Rent loan deposit arbitrage space long rental apartment fund pool risk to be solved


There are not a small number of tenants who are facing the same problems. With eggshell apartments falling into a tight financial chain crisis, landlords, tenants and suppliers have been defending their rights, and the incident is still fermenting. At the same time, the controversial rent loan mode has returned to the spotlight again.

Rent loan is actually a kind of consumer loan. In the past, due to the barbaric development of long-term rental apartment enterprises and the snowballing expansion of bank rent loans, as a result, due to the excessive investment in the early stage, the capital chain was broken, and some closed down, causing certain economic losses to the tenants and lessors. On November 19, a regulatory official in North China told the times weekly that in fact, this was related to the lax examination of the cooperative banks and the blind intervention. Some banks also had speculation psychology.

Alienated rent loan

On November 19, Lin bu (not his real name) from Zhejiang banking and Insurance Regulatory Bureau told the times weekly that low and middle-income consumers have a great demand for rent loans, especially in big cities with high house prices and living costs. However, enterprises have gone awry in actual operation.

Generally speaking, when a tenant signs a housing lease contract with a long-term apartment operator, he also signs a loan contract with the financial institution cooperating with the operator. The financial institution pays the operator one-time rent for one year, the tenant repays the rental loan to the financial institution monthly, and the operator pays the rent to the landlord on a quarterly or monthly basis.

Long rent apartment operators then use the funds pool built by tenants credit lending to stimulate operators to expand their scale through the way of high in and low out, that is, high price snatches the house source from the landlord and rents them to tenants at low price.

On November 21, Zhang Dawei, chief analyst of Zhongyuan Real estate, told the times weekly that the so-called long rent apartments in the market are all fake long rent apartments, all of which are two landlords. Earning rent difference and misappropriating funds pool are two characteristics of this type of enterprises.

Todays long-term apartments are a standard financial enterprise. Zhang Dawei said that the actual controller can use the expected rent of the house owner to the company through the platform project. These financial instruments bring potential market risks and form a fund pool. The biggest risk of the fund pool is that it can cover up the problems and move back the investment risk.

In this case, once the long-term apartment operators run away or the capital chain breaks down, the landlords cant continue to get the rent, thus driving the tenants away, but the tenants still need to continue to pay the monthly loans and face the plight of no housing to live in.

The eggshell apartment, which recently exploded, is in such a dilemma. Success or failure of rent loan, rent loan for eggshell apartment scale expansion to provide support, while leaving risks.

It is reported that the financial institutions eggshell apartment has cooperated with include should spend installment, meeting installment, free purchase installment, e-commerce bank, Zhongguancun bank and Weizhong bank.

On November 16, Weizhong bank also announced that according to the housing agency lease contract signed between the tenant and the eggshell apartment, the tenant and the owner have formed a rental relationship, and have paid the rent in advance and enjoy the legal right of residence. It is suggested that the tenants should continue to live during the rent paid period to protect their rights and interests. At least until March 31, 2021, the credit reference will not be affected.

On November 22, relevant people from Shenzhen Branch of China Construction Bank told the times weekly that in financial institutions, rent loans are mostly recorded with virtual credit card numbers and exist in the form of consumer installment loans, which belong to one-off application operation, and the interest rate and credit reporting requirements are similar to those of credit cards.

In this regard, the above-mentioned CCB people said that generally speaking, if there is a rental contract, the right of residence has certain priority over the property rights of the owners.

Standardizing rent loan

On September 7, this year, the Ministry of housing and urban rural development issued the housing rental regulations (Draft) also proposed that commercial banks should issue housing rental loans based on the recorded housing lease contract, and the loan term should not exceed the term of the housing lease contract.

This strictly limits the term of the loan, that is, it can not exceed the term of the lease contract, so as to prevent the loan from being used for other purposes, changing the nature and increasing the risk. The regulators in North China said.

The opinion also requires lenders to do a good job of pre loan surveys, carefully assess the borrowers ability to repay and determine the amount of financing. We should strengthen post loan management, strictly examine the purpose of loans, and prevent housing rental enterprises from forming capital pools and increasing leverage.

There are not only provisions on the review of tenants loans, but also the requirements for housing rental enterprises to issue loans, so as to avoid exceeding the repayment ability of borrowers and causing credit risk. More importantly, it is necessary to prevent housing rental enterprises from setting up capital pools and expanding in an unlimited and unrestrained manner, resulting in bloated and puffy The regulators in North China said.

To some extent, rent loan gives operators of long-term rental apartments room for arbitrage. The rectification of rent loans for long-term apartments has already begun, but it still can not stop operators from exploding.

Since this year, with the thunder phenomenon in Shanghai, Hangzhou and other places, Chongqing, Hangzhou, Chengdu, Xian and other places have also issued corresponding policies. Many places have put forward clear requirements from the capital account level, and pay close attention to the money bag of long-term rental apartment operators.

If it is not rectified in time, long-term apartments may evolve into P2P chaos. Lin Bu said that after the eggshell apartment accident, at present, some local governments have set up a joint work rectification group, led by the local housing and Urban Rural Development Bureau, with the cooperation of relevant departments, to investigate the situation of rent loan business carried out by the intermediary agencies of long-term rental apartments in the jurisdiction area, as well as the scale of rent loan involved. In Lin Bus view, in the future, rent lending should not be completely banned. Instead, it will be rectified and standardized on the basis of stock, and more strict regulations will be formulated for relevant businesses, so that all parties can abide by the regulations. The government departments should strengthen the supervision, strictly allow the entry into the customs in advance, especially strengthen the supervision of rent accounts, carry out classified management on the operators of long-term rental apartments, and prevent them from engaging in illegal activities in the guise of legality. Said Limbu. Source: time weekly editor: Chen Hequn_ NB12679

If it is not rectified in time, long-term apartments may evolve into P2P chaos. Lin Bu said that after the eggshell apartment accident, at present, some local governments have set up a joint work rectification group, led by the local housing and Urban Rural Development Bureau, with the cooperation of relevant departments, to investigate the situation of rent loan business carried out by the intermediary agencies of long-term rental apartments in the jurisdiction area, as well as the scale of rent loan involved.

In Lin Bus view, in the future, rent lending should not be completely banned. Instead, it will be rectified and standardized on the basis of stock, and more strict regulations will be formulated for relevant businesses, so that all parties can abide by the regulations.