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May 17, 2022 05:50 PM (GMT+8) · EqualOcean
Suzhou City, Anhui Province issued several measures on promoting the steady and healthy development of the real estate market, which put forward a number of measures, including optimizing the way of land transfer, extending the payment time of land transfer fees, strengthening financial policy support, adjusting provident fund loan policies and so on. The measures said that employees applying for provident fund loans should be supported to withdraw first and then borrow. Employees can apply for provident fund loans for 6 consecutive months. Continue to implement the policy of 20% down payment ratio for the first application for provident fund loans. The proportion of down payment for second application for owner occupied housing provident fund loan was reduced from 40% to 30%. The loan time limit of provident fund loan is shortened from 15 working days to 10 working days.

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