Jiangnan is known as the land of plenty, and Jiaxing is such a place, which has led many people to choose to buy houses here. However, in order to stabilize housing prices, most areas have introduced real estate policies. So what is Jiaxing’s house buying policy? Let’s take a look through the following content!

Non-residents are limited to purchasing one house, and in the capital city For a home loan, the down payment must be no less than 50% of the house price, and for locals, the down payment must be no less than 30% of the house price. At the same time, real estate purchased by foreigners must obtain the certificate for two years before it can be listed for trading. Local residents who already have one or more homes must obtain the property ownership certificate for two years before they can transfer the new property purchased.

In the house purchase policy, local families will not be included in the purchase limit, so there is no requirement for the number of properties. However, for out-of-towners, if they already own a property in the urban area, whether it is a new house or a second-hand house, they are not eligible to buy a house again.

Although local families are not affected by the purchase restriction policy when buying a house, they are subject to the sales restriction. As long as they have one or more properties under their name before buying a house, they must obtain a real estate certificate before buying a house again and want to trade. It can only be carried out after two years. And if the property was bought with a loan before, but the payment has not been settled, and if you want to buy a house with a loan again, the down payment must not be less than 50% of the house price. In addition, many banks have increased loan interest rates for first-time buyers by nearly 15 percentage points, which means that interest rates are constantly being adjusted. The requirements for loans are becoming more and more stringent, with more emphasis on personal credit reporting.

As for the time stipulations in the policy, if it is a new house, it will be calculated based on the time of the real estate online signing, while for second-hand houses, it will be based on the contract signed by the real estate department.

Taken together, Jiaxing’s house buying policies are relatively loose and less strict than those in neighboring Shanghai. Moreover, when foreigners buy a house in Jiaxing, they can also transfer their household registration, but to register, they must have paid social security for 13 consecutive months in the place where they live, and in some cities, foreigners are only allowed to purchase one house.

I hope the above answers will be helpful to you.