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.

Alienated rent loan

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.

The operators of long-term rental apartments use the funds pool set up by the tenants credit loans to stimulate the operators to expand their scale through the way of high in, low out, that is, the high price seizes the housing resources from the landlord and rents them to the tenants at a 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.

The validity period of credit protection given by banks is only more than four months. What about four months later? Do you want to continue to repay the loan? Chen Nan said that even if he has the right to live legally, the landlord will drive away the tenants by changing locks and cutting off electricity and water. In fact, this is also a common concern faced by eggshell tenants.

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

As early as the end of 2019, the Ministry of housing and urban rural development and other six departments issued the opinions on rectifying and standardizing the order of housing rental market (hereinafter referred to as the opinions) to regulate the leasing financial business, which clearly stipulates that the loan term shall not exceed the term of the housing lease contract according to the principle of matching the term of the housing lease contract, the term of single payment of rent and the term of housing rent loan, The frequency of the loan should match the frequency of the borrower paying the rent.

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.

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.

Chongqing requires that if the rent payment period of the lessee exceeds three months, the rent received by the housing rental enterprises and the funds obtained by the housing leasing loan should be included in the supervision. Hangzhou requires the housing rental enterprises to pay 30% of the risk prevention and control fund for the entrusted housing resources.

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

In linbus view, rent lending should not be completely prohibited in the future, and it will be rectified on the basis of stock to standardize it, and more strict regulations will be formulated for relevant businesses so that all parties can comply with 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.