According to news from the WeChat official account "Yangzhou Housing Provident Fund", Jiangsu Province's Yangzhou recently issued a notification on optimizing the use of housing provident fund policies in our city. Yangzhou will implement a support policy for loan amounts under the "old for new" housing provident fund program. For new homes purchased under the "old for new" scheme recognized by the competent authority, the maximum loan amount for the borrower's family can be increased by 20% (not applicable for repeated enjoyment), referring to the housing provident fund loan support policy for improved residences in the city. The support policies for "old for new", green buildings, and families with multiple children can be enjoyed in conjunction. Additionally, the recognition of the number of loans and times under the "old for new" housing provident fund loan will be optimized. For families contributing to the city’s existing housing "old for new" activities, once the relevant companies acquire the existing housing and handle the transfer pre-registration, the original existing housing will no longer be counted towards their number of housing units; if the original existing housing has an outstanding housing provident fund loan and the repayment period is less than 10 years, that loan will not be counted towards their usage frequency of housing provident fund loans. Yangzhou will also expand the support scope for installing elevators, extending the housing provident fund business for elevator installation in the city, supporting employees in withdrawing provident funds for the construction and renovation of elevators in their own, their spouses’, and both parents' residences.

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江苏扬州:“以旧换新”购置新房的,公积金贷款最高贷款额度可上浮20%
In Yangzhou, Jiangsu: For those purchasing new homes through the "old for new" program, the maximum loan amount for housing provident fund loans can be increased by 20%.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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