Lanzhou canceled sales restrictions and lowered the lower limit of the mortgage interest rate

On December 13, the Lanzhou Municipal People’s Government issued the “Several Measures of Lanzhou City to Help Enterprises Rescue and Stimulate the Vitality of Market Entities” (hereinafter referred to as “Measures”), many of which involve real estate. The “Measures” proposes to adjust the interest rate of commercial personal housing loans for the first housing in Lanzhou in stages, and lower the lower limit of the interest rate of commercial personal housing loans for the first housing with a period of more than 5 years from 4.3% to 4.0%. Cancel the current sales restriction policy, the houses purchased by individuals can be listed and traded after obtaining the real estate certificate of the house, and those that have marked the sales restriction on the “real property certificate” according to the original sales restriction regulations shall be implemented according to the current regulations. Affected. | Related reading (Securities Times)

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Since the beginning of this year, the state has successively introduced policies to help high-quality real estate companies get out of financing difficulties. On this basis, cities are encouraged to implement policies according to their cities, give more favorable policies to real estate companies and home buyers, lift bans and restrictions, and help the recovery of the property market. Lanzhou’s property market policy has sent a more positive signal to real estate developers and home buyers.

For the real estate side, the government, banks and other functional departments have provided more powerful financing support policies. Such as obtaining land to start construction, guarantee letters to ensure the use of pre-sale funds, etc., to effectively solve the problem of real estate funds. For first-time home buyers, the loan interest rate will be directly reduced to 4.0, which is a rare effort in the past. As for the housing that has already obtained the “Real Estate Ownership Certificate”, the original sales restriction regulations will be cancelled, and transactions can be carried out immediately. In this way, after these people complete the sale, they may become preferential targets for first-time house buyers, and can enjoy the low interest rate policy for the first house again, which is undoubtedly attractive to some first-home owners who want to change houses.

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