Shenzhen: Starting from tomorrow, the policy of "recognizing houses but not loans" will be implemented
Notice of the Shenzhen Housing and Construction Bureau of the People's Bank of China Shenzhen Branch of the People's Bank of China and the Shenzhen Regulatory Bureau of the State Administration of Financial Supervision on Optimizing the Standards for Determining the Number of Housing Units in Personal Housing Loans in Our City
All relevant units:
In order to better meet the rigid and improved housing needs of residents in our city, in accordance with the spirit of the "Notice on Optimizing the Recognition Standards for Housing Units in Personal Housing Loans" jointly issued by the Ministry of Housing and Urban Rural Development, the People's Bank of China, and the State Administration of Financial Supervision, and with the consent of the municipal government, the relevant matters are hereby notified as follows:
When a resident family applies for a loan to purchase commercial housing, if their family members do not have a complete set of housing in our city, regardless of whether they have used the loan to purchase housing, banking and financial institutions will implement the housing credit policy for the first set of housing.
This notice shall come into effect on August 31, 2023.
Shenzhen Housing and Construction Bureau
People's Bank of China Shenzhen Branch
Shenzhen Regulatory Bureau of the State Administration for Financial Regulation
August 30, 2023