Wuhan Raises Second Home Down Payment to 40pc

Downpayment on second home up to 40 percent, still a ban loans for third homes and up.

“Notice” that has housing units in Wuhan City households to apply for individual housing loan again to purchase commercial housing, the minimum down payment loans ratio was 40%. In Wuhan City has two sets and more housing has been settled and the corresponding purchase loan or have one set of housing loans outstanding of households to apply for individual housing loans to buy commodity housing again, the minimum down payment loans ratio was 40%. In Wuhan City has set and the housing 2 with 2 sets of outstanding housing loans of households to apply for individual housing loans to buy commodity housing, continue to suspend payment of the corresponding housing loan again.

iFeng: 武汉9月1日起实行限贷 二套房首付比例提高至4成

Author: 罗臻 http://www.investinginchinesestocks.blogspot.com

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