New mortgage rules to reverse market expectations Shanghai second-hand housing stock increase

Xinhua Shanghai April 22: New rules to reverse the market expectations of Shanghai second-hand housing listing rapid increase reporter Yiu Yujie, Ye Feng State Council even a heavy blow, the introduction of a strict housing policy. Reporters visited the banks and intermediary agencies in Shanghai, found that banks have begun to implement two sets of new regulations, "Three suites stop lending" is still waiting for details.　　Mortgage tightening makes the market wait-and-see sentiment, some of the plate appeared second-hand housing listing surge and bargaining space, the market is brewing inflection point expected. Two sets of new provisions in the implementation of the "Acceptance Day" for the State Council on the second house down payment is not less than 50%, 1.1 times times the rise in interest rates, Shanghai's banks have begun to implement differentiated housing credit policy.　　Reporter from Shanghai well-known mortgage intermediary institutions Kai Shing exercised (Shanghai) Investment Management Co., Ltd. Marketing department learned that, has received almost all the bank issued a notice, confirmed two sets of new provisions for the implementation date of April 19. ICBC reacted fastest, April 16 that the formal implementation of differentiated housing credit policy, the new contract and the approval of individual housing loans to implement new regulations.　　CCB Shanghai Branch of a staff member also confirmed to reporters that CCB has begun to implement the new two suite rules, new customers are sure to comply with the new rules. Because of this regulation policy has almost no set buffer period, so at the operational level, the implementation of the node clearly become a priority. "Whether it is to send the list, the bank to accept the audit, or the final lending is subject to?"　　This concern has become the focus of many market operators. Some banks have been more stringent.　　A staff member at the Pudong Bank said the bank is now fully implementing the new two-suite rules, including those customers who have already applied for a loan but have not yet been approved. ABC, deep development, Citic Bank said, is still waiting for the headquarters of the notice, the fastest one or two days can be clear details.　　China Merchants Bank Shanghai Branch said that banks will be "acceptance day" as the sector, according to new methods, the old people to implement, the new policy in the State Council before the acceptance of customers will still implement the original down payment and interest rate level. Heng Real Estate Xinzhuang Shop A staff member told reporters that most of the Bank implementation node or "input banking system" as the subject, enter this stage, means that the customer basically through the bank review, the lender has no problem.　　He said many banks ' credit departments worked overtime last weekend, concentrating on filing information into the reporting system in an attempt to catch up with "The last bus" for concessional loans.　　Regarding the relevant requirements of the State Council on "suspending the purchase of third and above housing loans", a number of banks said that the bank to identify "high housing prices, rising too fast, tight supply areas" more difficult, the current bank of the third House loans have been suspended, waiting for the relevant departments to introduce rules.　　"Check-out tide" phenomenon frequency of new mortgage regulations "card" lived a considerable number of home buyers, as a result of the loan application was dismissed, many buyers reluctantly joined the checkout ranks. Kai Sheng exercised company deputy general manager Zhao Wei told reporters that the second set of housing identification markQuasi more stringent, as long as there has been a loan record of home purchase, whether it is replacement, live or investment, regardless of whether the previous loan is settled, or even after the loan has been sold, want to replace a set of housing, all in accordance with the new provisions of the second set of mortgage enforcement. Due to the failure to obtain loans, Shanghai second-hand housing market appeared a wave of "check-out tide." Kai Sheng exercised customer service Manager Min revealed that the cooperation of the intermediary or by the company to contact the second-hand housing transactions, there are 20%-25% of the buyers to check out, these customers are basically only signed the intention of the contract, has not signed the purchase and sale of the contract buyers.　　Under stringent regulatory policies, customers generally expect prices will fall, so it would rather lose a small part of the deposit, but also request check-out. "In addition, the current rate of 1 million or 2 million yuan, but also a part of the rigid demand because there is no way to bear the extra 10% down payment, and 1.1 times times the floating rate and choose Check-out."　　A staff member of China Merchants Bank said. A foreign senior white-collar Mr. Ho a few years ago and his wife together in Pudong Jinxiu Road to buy a set of 1.8 million yuan in the room, the production card on the name of Mr. and Mrs. Ye two names, and Mr. He is the master of the lender to handle the relevant housing mortgage loan procedures. A year ago, Mr. Ho and Ms. Yeh agreed to divorce and the house was owned by Ms. Yeh. Want to buy a home again Mr. Ho in early April this year through the intermediary to purchase a set of 1.35 million yuan in the Xinzhuang area of second-hand housing, and signed a mortgage contract. Before, like Mr Ho this situation can be included in the category of housing buyers, but after the introduction of the two new policies, Mr. Ho's situation has belonged to two suites, must meet a down payment of 50% of the loan conditions.　　As there is no extra money to cover the down payment, Mr. Ho can only give up the purchase and compensate for the liquidated damages. Wait-and-see sentiment strong market brewing inflection point the State Council in just a few days to introduce a new "country four" and "Country 10", the intensity of more than before, triggered the market inflection point of anticipation.　　Reporter visit found that the improvement of demand is subject to tighter housing, wait and see mood, some of the plate appeared second-hand house listing increase and bargaining space. According to Song, director of Shanghai Zhongyuan Real Estate Research department, after the introduction of the new policy of the State Council, many plates have increased the number of listings, such as the New World mansion plate number increased by 10%, part of the unit price in 20,000-30,000 yuan in the middle end room listing increased by 50%, the price also appeared around 5% loose.　　But overall, now still in the initial stage of market adjustment, both buyers and sellers have to look at, and so on. After the introduction of the new policy, the Shanghai property market also appeared to speed up the phenomenon of push.　　Woo Granville and the property market to provide a joint data display: Last week (April 12 April 18), Shanghai commercial Housing new supply area of 566,000 square meters, the week before the ring rose 60%; The city's new supply of commercial housing area of 346,000 square meters, the chain before the week rose 110%. Zhao Wei that the 2010 real estate industry control mode and in previous years are very different, a series of regulatory policies will make the market quickly into a wait-and-see stage.The first day after the introduction of the new policy in Shanghai has been the sale of house discounts, second-hand housing sources soared, in the future due to the adjustment of house prices, housing transactions may slightly rebound.　　But if the housing mortgage loan channel continues to be tightly controlled, the housing market recovery cycle may continue to lengthen. Zhongyuan Real Estate in the Shanghai House exhibition during the survey showed that there is a willingness to buy homes, about 25% of the investment property, 35% to improve sexual demand, 25%-30% of people are buying marriage room. "In addition to the need to buy a wedding house, other needs may be delayed by regulation." Song said, "The future will be to see the game between buyers and sellers, as well as regulatory policy of further clarity." ”