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wuhan: developers are encouraged to sell houses according to the area of ​​​​the house, and the first house can enjoy a maximum subsidy of full house purchase deed tax.

2024-10-01

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wuhan visual china data map

on the evening of september 30, according to the yangtze river daily, as the home buying festival kicked off, wuhan city simultaneously issued the "notice on phased optimization of home purchase policies and measures in our city", which will provide housing purchasers from october 1 to december 31. preferential support, among which, the first home can be fully subsidized with the purchase deed tax at most.

specifically, from october 1 to december 31, 2024, those who purchase a new commercial housing in wuhan city will be considered as the first home in the family when applying for a commercial personal housing loan, and the newly purchased second home and above will be considered for newly built commercial housing, when applying for commercial personal housing loans, the relevant regulations and standards of the people's bank of china shall be followed.

during the period from october 1 to december 31, 2024, if you purchase a new commercial house in wuhan city and it is recognized as the first home of a family when applying for a real estate certificate, you will be given a full subsidy discount based on the actual payment amount of the deed tax, and it will be recognized as a family home. for a second house, a 50% subsidy discount will be given based on the amount of deed tax actually paid. comprehensively cancel the city’s standards for ordinary and non-ordinary housing to meet residents’ needs for improved housing.

in addition, the procedures for filing and changing commercial housing pre-(sales) plans will be further simplified, development companies will be guided to rationally set sales prices for commercial housing, and development companies will be encouraged to choose to sell commercial housing based on the area within the unit or by pricing per unit.

in terms of promoting "old-for-new" housing consumption, for "old-for-new" home buyers who have sold old properties and have not yet paid off their loans, explore financial support measures that directly convert the loan balance of the old properties into mortgage loans for newly purchased commercial properties.

in terms of supporting the development of the housing rental market, it is necessary to increase loan support, encourage housing rental companies to purchase unsold properties of real estate development companies for rental housing operations, and support real estate development companies to convert their own unsold properties into rental housing operations. organize and establish two municipal operating companies, "wuhan anju" and "wuhan anjia", to purchase existing unsold houses for use as affordable housing.