According to the People’s Government of Qingyuan Municipality, Guangdong Province, starting from September 5, Qingyuan City will optimize the standard for identifying the number of housing units in personal housing loans, that is, the policy of “easing mortgage rules for first-time home buyers”. When a resident family (including the borrower’s spouse and minor children) applies for a loan to purchase commercial housing, family members who don’t have a complete set of housing in the local area can enjoy banks’ preferential loans for first-home purchases regardless of their previous credit records.
For queries, please contact William Gu at williamgu@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn