1. If an individual purchases an ordinary house below 90 square meters for the first time, the deed tax rate will be reduced to 1%.
2, temporarily exempt from stamp duty and land tax.
3. The lower limit of the loan interest rate can be extended to 0.7 times of the benchmark loan interest rate, and the low down payment ratio can be adjusted to 20%.
4, individual housing provident fund loan interest rates, interest rates of all grades were lowered by 0.27 percentage points.
5. If an individual sells ordinary houses that have been purchased for more than 2 years, the individual will not bear the business tax.
6. Exempt individuals from housing registration fees for purchasing ordinary houses and housing transfer fees for buying and selling stock houses.
How to identify the first suite:
1. The People's Bank of China stipulates that urban residents in China enjoy preferential policies such as preferential mortgage interest rate and minimum down payment ratio when purchasing the first home;
2. The People's Bank of China issued the latest mortgage policy and decided to relax the identification of the first suite. For families who own 1 suite and buy a house after paying off the loan, the first suite policy is implemented, and the minimum loan interest rate for the first suite is 30%;
3. According to the purchaser in the purchase contract, query the first purchase information.
Legal basis:
People's Republic of China (PRC) Civil Code
Article 595
A sales contract is a contract in which the seller transfers the ownership of the subject matter to the buyer and the buyer pays the price.
Article 596
The contents of a sales contract generally include name, quantity, quality, price, time limit for performance, place and method of performance, packaging method, inspection standards and methods, sales method, settlement method, words used in the contract and their effectiveness.
Article 597
If the ownership of the subject matter cannot be transferred because the seller has not obtained the right to dispose of it, the buyer may terminate the contract and require the seller to bear the liability for breach of contract.
Where laws and administrative regulations prohibit or restrict the transfer of the subject matter, such provisions shall prevail.