{"id":136027,"date":"2023-04-21T16:01:09","date_gmt":"2023-04-21T09:01:09","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-scraps-use-of-guide-prices-in-mortgage-applications-to-boost-homebuyers-spending-power-revive-flagging-market\/"},"modified":"2023-04-21T16:10:32","modified_gmt":"2023-04-21T09:10:32","slug":"shenzhen-scraps-use-of-guide-prices-in-mortgage-applications-to-boost-homebuyers-spending-power-revive-flagging-market","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-scraps-use-of-guide-prices-in-mortgage-applications-to-boost-homebuyers-spending-power-revive-flagging-market\/","title":{"rendered":"Shenzhen scraps use of guide prices in mortgage applications to boost homebuyers\u2019 spending power, revive flagging market"},"content":{"rendered":"


\nHome loans will no longer be pegged to the reference prices that were imposed in February 2021 to curb the soaring home prices blighting the market at the time, said several agents and landlords who claimed they had checked with local banks.
\n
\nSource : South China Morning Post
\nRead more…Shenzhen scraps use of guide prices in mortgage applications to boost homebuyers\u2019 spending power, revive flagging market<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Home loans will no longer be pegged to the reference prices that were imposed in...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-136027","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-znZ","jetpack-related-posts":[{"id":140422,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-crisis-shenzhen-cuts-down-payments-for-second-home-buyers-joining-fray-of-cities-trying-to-revive-demand\/","url_meta":{"origin":136027,"position":0},"title":"China\u2019s property crisis: Shenzhen cuts down payments for second-home buyers, joining fray of cities trying to revive demand","date":"November 23, 2023","format":false,"excerpt":"\r Authorities in Shenzhen, China\u2019s technology hub, are reducing the down payment required from people buying a second home, joining a fray of big cities paring back restrictions in a bid to revive the flagging property market.\r \r Source : South China Morning Post\r Read more...China\u2019s property crisis: Shenzhen cuts\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":121853,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-homebuyers-look-forward-to-cheaper-apartments-after-city-lowers-cap-on-land-and-home-prices\/","url_meta":{"origin":136027,"position":1},"title":"Shenzhen homebuyers look forward to cheaper apartments after city lowers cap on land and home prices","date":"September 7, 2021","format":false,"excerpt":"\r Homebuyers in Shenzhen, China\u2019s technology hub, are looking forward to cheaper prices after the local government cut its asking price for land by 12.7 billion yuan (US$1.9 billion).The sale of 22 lots of land slated for August 9 was called off by the government, and when it was rescheduled\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tighter-rules-sky-high-prices-in-shenzhen-will-send-homebuyers-flocking-to-investor-paradise-huizhou-say-analysts\/","url_meta":{"origin":136027,"position":2},"title":"Tighter rules, sky-high prices in Shenzhen will send homebuyers flocking to \u2018investor paradise\u2019 Huizhou, say analysts","date":"July 22, 2020","format":false,"excerpt":"\r The southern Chinese city of Huizhou could become a \u201cparadise\u201d for investors from nearby Shenzhen after the latter tightened its rules for home purchases last week, and with the travelling time between the two cities set to be cut by half next year.Home prices in Huizhou saw the second-biggest\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":144567,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-guangzhou-join-chinas-property-relaxation-campaign-in-bid-to-lure-homebuyers\/","url_meta":{"origin":136027,"position":3},"title":"Shenzhen, Guangzhou join China\u2019s property relaxation campaign in bid to lure homebuyers","date":"May 29, 2024","format":false,"excerpt":"\r Shenzhen and Guangzhou have joined the ranks of major Chinese cities that have lowered mortgage rates to lure homebuyers.\r \r Source : South China Morning Post\r Read more...Shenzhen, Guangzhou join China\u2019s property relaxation campaign in bid to lure homebuyers","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":119838,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shenzhen-announces-ban-penalty-on-property-cheats-as-homebuyers-try-new-tricks-to-profit-from-red-hot-market\/","url_meta":{"origin":136027,"position":4},"title":"Shenzhen announces ban, penalty on property cheats as homebuyers try new tricks to profit from red-hot market","date":"January 24, 2021","format":false,"excerpt":"\r Shenzhen\u2019s local government will slap a three-year ban on residents who provide false information on new property purchases to stamp out cheats, after authorities discovered 12 fraud cases at a new housing project.Authorities in China\u2019s wealthiest city in southern Guangdong province announced the penalty on Saturday after witnessing a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":128417,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bank-of-england-scraps-mortgage-affordability-test\/","url_meta":{"origin":136027,"position":5},"title":"Bank of England scraps mortgage affordability test","date":"August 1, 2022","format":false,"excerpt":"\r Test required potential homebuyers to prove they could afford three-percentage-point rise in interest ratesThousands of potential homebuyers may find it easier to get on to the property ladder after a key mortgage affordability test was scrapped by the Bank of England.The central bank has said the change \u2013 taking\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136027"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=136027"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/136027\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=136027"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=136027"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=136027"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}