What are the conditions for buying a house in Jiaxing in 2021?

1. Questions about the first and second homes

1. What is the down payment ratio for the first home in Jiaxing?

When applying for a commercial personal housing loan to purchase a first home, the down payment ratio for households registered in this city shall not be less than 30%, and the down payment ratio for households not registered in this city shall be no less than 50%.

2. What is the down payment ratio for a second home in Jiaxing?

For households with registered residence in this city who own a house and the corresponding house purchase loan has not been paid off, and apply for a commercial personal housing loan to purchase a house again, the down payment ratio will be adjusted to no less than 50%.

3. How much is the down payment for the second home to pay off the loan for the first home?

After paying off the first house and then buying a house, it can usually still be regarded as the first house. If the loan for the first home has not been repaid and then purchased, it will be counted as a second home, and the down payment ratio shall not be less than 50%.

4. How to evaluate the second house?

The latest news on the evaluation standards for first-time homes:

1. If you have purchased a commercial personal housing loan with a loan and then refinanced to buy a home - it is considered your first home.

2. After buying a house with a loan and then selling it, the real estate cannot be found through the house registration system, but the loan record can be found on the bank's credit system and then the house can be purchased with a loan - it is considered the first house.

3. Buy a house with full payment and then take out a loan to buy a house - it is considered the first house.

4. After buying a house with full payment and then selling the house, the registration system software cannot detect the real estate and then refinancing to buy a house - it is considered the first house.

2. Jiaxing House Purchase Policy

Jiaxing Municipal Housing Security Bureau issued an announcement clarifying that the purchase restriction policy will be implemented in Jiaxing urban area from May 20, 2017. This purchase restriction policy has not been implemented so far. Signs of relaxation.

The loan restriction policy implemented on March 21, 2017 is still in effect today:

The following is an interpretation of purchase restrictions, loan restrictions and sales restrictions:

Jiaxing-level house purchase policy

1. Jiaxing locals (including "five counties") are not restricted in purchasing.

2. Foreigners are limited to purchasing one house in Jiaxing.

3. If one spouse is a local and the other is a foreigner, they are temporarily recognized as a household registered in this city, and there is no purchase restriction.

4. Top talents and high-end talents who are not registered in this city will not be included in the city’s purchase restrictions with certificates from relevant departments.

Jiaxing sales restriction policy

1. Those who have more than one local household registration and whose production certificate is less than 2 years old are not allowed to be listed for trading.

2. If the real estate ownership certificate has been obtained for less than 2 years with a non-local household registration, it shall not be listed for trading.

3. Residences with real estate rights certificates (or house ownership certificates) obtained before 0:00 on May 21, 2017 but less than two years ago do not fall within the scope of "restricted sales".

4. Residences that have signed a sales contract before 0:00 on May 21, 2017 but have not obtained a real estate certificate do not fall within the scope of "restricted sales".

5. Situations that do not fall within the scope of "sale restrictions": (1) inheritance; (2) exchange; (3) name change by husband and wife; (4) judicial ruling.

6. Situations falling within the scope of "restricted sales": (1) Gift transfer. (2) Auction (excluding judicial auction).

Jiaxing Loan Restriction Policy

First house: the down payment ratio for households registered in this city is not less than 30%, and the down payment ratio for households not registered in this city is not less than 50%;

Second house: For households registered in this city to purchase a second house, the down payment for outstanding loans will be increased to 50%

It can be seen from the content of Jiaxing City’s home purchase policy in 2020 that Jiaxing City currently not only There are purchase and loan restrictions for foreigners. In other words, if foreign consumers want to buy a house in Jiaxing City, they must be subject to the dual restrictions of being limited to one house in Jiaxing City and having a loan down payment ratio of not less than 50%.

3. Jiaxing’s latest home purchase policy supplements

Later, the government also provided supplementary explanations on the three policies and clarified some concepts mentioned in several policies.

Jiaxing urban area identification: refers to Nanhu District, Xiuzhou District, Economic Development Zone, and includes the organized towns under its jurisdiction.

Household registration identification in this city: refers to the residents registered within Jiaxing City (including five counties and two districts). If one of the family members has a household registration in this city, they will be temporarily recognized as a household registered in this city.

Identification of existing housing: Residential households that already own housing shall be based on the house registration information of family members issued by the real estate registration department.

Determination of the number of housing units with property rights: If a household that is not a registered resident of this city owns a property with property rights, the housing will be included in the number of housing units.

Recognition of houses purchased together: If different households purchase houses at the same time, the house purchase conditions should be reviewed separately according to the families they belong to. Only when they all comply with the housing purchase restriction policy can they handle the housing transaction procedures or Real estate registration procedures.