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Following the change of Shanghai, Guangzhou and Shenzhen housing loans, some banks in Beijing said that housing loan quotas are tight, and housing loans have to be queued
2021-01-26 08:24 Reporter: Hou Runfang Editor: Chen Li
Behind the change in housing loans, the power of new housing loan regulations has emerged.
Are bank mortgages going to tighten?
Recently, the changes in bank mortgages in Shenzhen, Guangzhou and Shanghai have caused concern. A reporter from the Beijing News called the staff in charge of housing loan business in many banks in Shenzhen and learned that at present, many banks in Shenzhen have a tight mortgage quota, but some banks have said that they have not completely stopped their mortgage business. According to media reports, recently the Guangzhou Branch of the Central Bank required banks to control the rate of new mortgages, and major banks in the Shanghai area ran out of quotas in January.
Housing loans in Shanghai, Guangzhou and Shenzhen have changed, what about Beijing? The Beijing News visited and called many bank branches in the Beijing area. They were told that the current mortgage lending situation has not changed significantly, and they have not received a notice from the upper-level branch that the mortgage quota is tight or that the mortgage is stopped. However, some employees of joint-stock banks said that their bank branches have tight mortgage quotas, and they have to queue up for mortgage business.
The change in housing loans shows the power of the new housing loan regulations. Since the second half of 2020, the policy environment in the real estate market has tightened . Among them, 2 020 at the end of the central bank issued a bank client "two red lines", the central real estate gold financial regulation further strengthened. In addition, from the industry's perspective, the tightening of bank mortgages is not only related to external policies, but also to local housing prices. The increase in housing prices in the Guangzhou-Shenzhen region, which has tightened mortgages, has been among the highest in the country for many times since the second half of 2020 .
Shenzhen: Many banks have tight mortgage quotas "but they did not stop the mortgage business"
According to recent media reports, affected by the "two red lines" of real estate loans , several stock banks in Guangdong have recently suspended mortgage loans. In this regard, the Beijing News called the staff responsible for housing loan business in many banks in Shenzhen and learned that the current mortgage quotas of many banks in Shenzhen are tight, and the time for processing mortgage business has become longer, but some banks also said that they have not completely stopped the mortgage business. .
"Now our bank can still handle the mortgage business, but the quota is relatively tight. In fact, it is not just the China Merchants Bank. Now the mortgage quotas of all banks are tight, including the four major banks (in Shenzhen)." China Merchants Bank Shenzhen is responsible for the mortgage business. The staff of, said that at present, their branch can still receive orders for housing loan business, but the loan cycle will be longer. "It will be possible to complete the (home loan) in one month or one and a half months after the Land and Resources Bureau completes the mortgage."
A staff member of the Industrial Bank in Shenzhen who is in charge of housing loan business also said that due to the central bank’s policy, the housing loan quota at its branch is relatively tight, and there are a small amount of quota, and the mortgage lending speed is slower than usual. "Now we have to line up for mortgage business, but we don't know how long we will wait in line."
A staff member of China Guangfa Bank responsible for housing loans in Shenzhen said that due to the tight quota, the period for its branch to handle housing loans is about half a year. Minsheng Bank staff a responsible mortgage business in Shenzhen, said the current mortgage amount of tension, which orders that they will advance and customers to explain, and can not determine the specific time of the mortgage can handle down - fast, then a month to do It will take two or three months to come down. And a staff member of China CITIC Bank in Shenzhen who is responsible for housing loan business bluntly said, "The quotas of all banks are very tight, (our branches) have mortgages that have not been released (down) for several months.
Although the quota is tight, some banks in the Shenzhen area have indicated that they have not called for complete suspension of mortgage business.
"The branch gave us a notice, stating that the mortgage limit is tight, and it is best to suspend the receipt of second-hand mortgage orders because the payment cannot be released. The branch did not say that it must stop 100% of the mortgage business. There is no such document. We are worried about the delay. Recently, we have basically not done the business of housing loans for both buyers and sellers of houses." A staff member in charge of housing loan business at Everbright Bank in Shenzhen said that since last week, he has felt the tightening of housing loan lines, but where he is located The outlets did not say that they stopped the mortgage business 100%, but based on the customer's situation and customer explanations, the rate of mortgage lending is indeed slowing down, and they are not sure about the deadline for the mortgage.
The above-mentioned staff of the Minsheng Bank in Shenzhen also said, "The time limit for housing loan processing has become longer, but we did not say to stop processing housing loan business."
While housing loans in Shenzhen are "changing", some media learned from a number of banking professionals that last week the Guangzhou branch of the People's Bank of China did have window guidance to control the rate of new housing loans, and the amount of new personal housing loans should not exceed The average loan amount for the three months of October, November and December 2020. However , the Guangzhou branch of the People's Bank of China did not respond to this news.
In addition to Shenzhen and Guangzhou, Shanghai's real estate market is also changing. According to media reports, some major banks in the Shanghai area have also used up their quotas in January and stopped lending this month. In addition, ICBC’s instalment loan products for the purchase of first-hand second-hand and foreclosure housing and other personal residences (except commercial) for the Shanghai area are being completely suspended.
Beijing: Some banks have tight mortgage quotas and queue up for mortgage business
Housing loans in Shenzhen have changed, what about Beijing?
The Beijing News visited and called the branches of Bank of China, Industrial and Commercial Bank of China, Agricultural Bank of China, Huaxia Bank, Industrial Bank, Bank of Beijing and other banks in the Beijing area, and was told that the current mortgage lending situation of the above-mentioned banks has not changed significantly. None of them received any notice from the higher-level branch that the mortgage limit was tight or that the mortgage should be stopped.
"Currently, the situation of the Bank of China's mortgage issuance is quite normal, and we have not received a notice saying that the mortgage will be stopped. The specific lending cycle depends on the customer's qualifications, transfer time, etc." Bank of China Dongcheng District I is responsible for the mortgage business. Personnel said.
Many real estate agents in the Beijing area also stated that the current mortgage quotas and the processing speed of the banks in the Beijing area are normal, and they have not received news of policy changes. "I just applied for a provident fund loan. The preliminary review was conducted on Tuesday and the loan was approved on Friday." said a Beijing real estate agency.
However, some business staff of the joint stock bank said that the mortgage limit of their bank branch is tight. "From the end of December last year to now, our (office) mortgage quota has been tight. The head office's mortgage quota this year is not as abundant as before. The head office gives the quota and the branch will grab it. " The Beijing area of China Everbright Bank is responsible for the mortgage business. The staff of, said that the current outlets can still accept orders, but they will not release money until there is a quota. "In the past, the loan was basically available in one or two days. Now we may have to queue up for the mortgage business. I don't know how long the queue can be processed."
A staff member of another branch of China Everbright Bank in Beijing also told reporters that the branch where it is currently located has not stopped or does not do mortgage business, but the amount of mortgage released by the head office this year is less than in previous years. Now there is a queue for mortgage business. How long is not easy to say.
Behind the changing real estate loan: the introduction of the "two red lines", the increase in housing prices in Guangzhou and Shenzhen has repeatedly ranked among the top in the country
Many workers in Shenzhen, in Beijing responsible for the mortgage business, said mortgage "sweeping changes" mainly affected by last year 2 affect the concentration of the management of real estate loans issued by the end of the central bank.
Since the second half of 2020, the policy environment of the real estate market has tightened, and many places have upgraded the regulation and control policies of the real estate market. In particular, in order to prevent financial risks, a series of real estate financial prudential management systems issued by relevant departments have attracted attention. Among them, December 2020 3 1 Ri , the central bank, Bank Insurance Regulatory Commission jointly issued the "Notice on the establishment of the banking financial institutions concentration of real estate loans management system" (hereinafter referred to as "Notice"). The "Notice" delineates the "two red lines" on the bank side, that is, the proportion of the real estate loan balance of banking financial institutions and the proportion of personal housing loan balance shall not exceed the upper limit of management requirements determined by the People's Bank of China and the China Banking Regulatory Commission. According to the Guosheng Securities Research Report, from the statistics disclosed in the 2020 mid-year report, a total of 13 banks "stepped on the line" to varying degrees .
From the perspective of the banking industry, the change in housing loans is not only related to external policies, but also to the trend of local housing prices. “Guangzhou and Shenzhen’s housing prices have increased significantly and require supervision to take action. And housing prices in some areas have already risen by a wave, or that they are currently in a relatively stable stage, and there is no need for supervision.” Yangtze River Delta Region 1 Senior executives of small and medium banks said.
In fact, the tightening mortgage rates Guangzhou-Shenzhen region , especially second-hand housing prices rose, since the second half of 2020 the introduction of injection head. Beijing News According to the National Bureau of Statistics released statistics, July - December, Guangzhou second-hand housing chain rose 1.6%, respectively, 1.7%, 0.7%, 0.6%, 0.8%, 0.7%, or were ranked first in the country First, sixth, fourth, first, and third place; from July to November, the price of second-hand housing in Shenzhen increased by 1.2%, 1.1%, 1.1%, 0.9%, 0.6%, respectively. The growth rate ranked third, third, second, first, and third in the country.
So, will the concentration management of real estate loans affect home buyers? Recently, Xiao Yuanqi, chief risk officer of the China Banking and Insurance Regulatory Commission, said at a press conference of the State Council that the management of real estate loan concentration should have little effect on mortgage loans. Mortgage loans are very scattered, whether in scale or scope. There is not much influence in the concentration.
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