Nanping, Fujian: To ease the financial pressure on developers to acquire land, payment of transfer fees can be extended to one year

On January 5, The Paper (www.thepaper.cn) learned from the Nanping Housing and Urban-Rural Development Bureau of Fujian Province that on December 30, 2021, the Nanping Housing and Urban-Rural Development Bureau and five other The departments jointly issued the "Notice on Issuing Ten Measures to Promote the Stable and Healthy Development of the City's Real Estate Market" (hereinafter referred to as the "Notice"), which mentioned the need to ease the pressure on land acquisition funds for real estate projects and reduce the pressure on key regulatory funds for real estate companies to accumulate.

The "Notice" clarified ten work measures, involving affordable housing, infrastructure facilities, financial pressure on developers to acquire land, promoting real estate market sales, etc.

The "Notice" stated that in order to alleviate the financial pressure for land acquisition for real estate projects, the relevant provisions of Article 3, Paragraph (1) of Nanzheng Zong [2016] No. 233 should be adjusted, that is, the land transfer fee should be paid in full In principle, the period shall not exceed 6 months (each locality may extend the payment period appropriately according to the actual situation, but the longest period shall not exceed one year); the land transfer fee may be paid in installments, and no less than 50 RMB shall be paid within 30 days from the date of signing the contract. The balance of the land transfer fee shall be paid in full and in a timely manner according to the time limit stipulated in the contract; the land bidding deposit ratio shall be adjusted from the current no less than 30% of the starting transfer price to no less than 20% of the starting transfer price.

In addition, it is necessary to open up the channel for commercial and office housing inventory conversion. The Nanping Municipal Housing and Urban-Rural Development Bureau stated that in accordance with the spirit of Minzheng [2016] No. 11 document, counties (cities, districts) with non-residential inventory depletion cycles exceeding 36 months shall comply with the overall land use plan and urban and rural planning. Under the Regulation, the land for undeveloped non-residential commercial housing projects is allowed to be transformed in whole or in part. Real estate companies can apply to the people's government that originally approved the land supply for changes in land use and planning conditions. After approval, the land can be used for other industrial projects or projects that meet market demand. Development and construction. Among them, only commercial office land that signed a land transfer contract before December 31, 2015, does not constitute idle land, and has fully paid the land transfer fee can be transformed into commercial residential land.

In terms of promoting sales in the real estate market, for areas with insufficient public rental housing, real estate development companies are encouraged to provide preferential group purchase prices, and the local government housing security department can appropriately purchase them as a supplement to the physical rental housing supply. Encourage various local enterprises or social and economic entities to cooperate with real estate development companies to consider group purchase of commercial housing in the name of enterprises or social groups for the purpose of enterprise development strategies such as job placement and employment placement of reserve talents, and allow real estate development companies to comply with the group purchase contract with the house-purchasing unit. , arrange the specific housing to the beneficiary in a timely manner, and re-sign and register with the beneficiary online. Counties (cities, districts) are supported to provide preferential policies in terms of housing purchase subsidies, settlement, and children's education based on local conditions to introduce talents, migrant workers, and rural populations to settle in cities.

The "Notice" also clearly supports eligible first-time home buyers and second-hand home buyers with improvement needs to apply for housing provident fund loans.

The "Notice" states that the maximum loan limit for housing provident funds has been increased by 50,000 yuan. In Yanping District and Jianyang District, the maximum loan limit for couples who normally pay and deposit housing provident funds is 550,000 yuan. In other counties (cities) ) The maximum loan limit for both spouses to normally contribute and deposit housing provident funds is 500,000 yuan; the maximum limit for one party to normally contribute and deposit housing provident funds is 400,000 yuan in Yanping District and Jianyang District, and 350,000 yuan in other counties (cities). All commercial banks should optimize the mortgage loan approval process, shorten the loan time limit, and actively strive for scale and quotas, give priority to the issuance of housing provident fund portfolio loans, and ensure the "public transfer business" discount loan quota.

In addition, the "Notice" also mentioned the need to reduce the pressure on real estate companies to focus on regulatory funds. Appropriately adjust the regulatory measures for pre-sale funds of commercial housing. For real estate development companies or holding companies (parent companies) with a credit rating of AAA, they can use a bank guarantee letter to offset pre-sale regulatory funds not exceeding the limit of the guarantee letter. Higher than 50 for key regulatory funds.