Both parties sign the purchase agreement, with an external security review required during the online signing process.

2024-06-26

1. Following housing subscription, both parties must sign online, with a foreign-related security review being obligatory during the signing process. The online signing outcome can be verified on the official website of the Beijing Municipal Commission of Housing and Urban-Rural Development at http://zjw.beijing.gov.cn/bjjs/fwgl/index.shtml#cxfw1.

2. Throughout the pre-sale phase of the housing project, funds designated for the purchase of housing must be deposited directly into a specified account for pre-sale fund supervision. Real estate developers are prohibited from collecting any pre-sale funds for commercial housing other than deposits. Deposits received by developers must be transferred to the specified account within five working days following the online signing of the commercial housing contract. In cases where a buyer applies for a loan, developers must provide a specified account to the lending bank for the loan transfer. The lending bank is required to issue the loan funds directly to the account.

Foreign nationals in Beijing who have consistently contributed to the housing provident fund for a minimum of six months and have sustained a consistent payment record are eligible to apply for personal housing loans supported by the housing provident fund.

To initiate a house purchase through a housing provident fund loan, please follow the steps below:

1. Log in to the personal online service platform (https://gjj.beijing.gov.cn/web/index/grwsywpt/index.html) as a loan applicant and access the 'I Want a Loan' section. Select 'Application for Personal Housing Loans Supported by Housing Provident Fund for Purchasing a New House' based on your intended property.

2. Application procedures:

(1) Read the application guidelines;

(2) Complete the application details;

(3) Select the relevant department and entrusted bank;

(4) Upload necessary application materials;

(5) Submit your loan application.

Once the loan application is submitted by the loan applicant, the Management Center's application processing department will provide the applicant with timely updates on the application status and any further steps or requirements via phone, personal online service platform, and other channels.

When buying a house through a bank loan, please contact the specific bank handling your loan application for further details on loan terms, required materials, and the application process.


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