How many years does it take to buy a house in Wuhan?

1, Wuhan local hukou: Wuhan local hukou does not require social security, and foreign hukou needs to pay social security for two years when buying a house.

2. Non-local hukou in Wuhan: According to the reply of Wuhan Housing Security and Housing Administration on July 19, 2022, if a non-local household purchases a house in the restricted area of our city for the first time, the applicant should provide proof that he has paid social insurance or personal income tax for six months in this city continuously within three years before applying for the qualification of purchasing a house. In line with the normal payment situation (such as due to epidemic situation, social security system upgrade and other reasons), it can be regarded as continuous payment.

What information do you need to submit to buy a house in a foreign household?

Submit social insurance and work unit certificates of provincial organs, enterprises and institutions.

The purchase restriction policy of foreign accounts and the down payment instructions for buying houses

1. If the first suite has no room or loan in Wuhan, it shall be purchased in the restricted area, and the down payment ratio shall not be less than 30%.

2. If the second suite has 1 set or more houses in Wuhan, it is not allowed to purchase houses in the restricted purchase area.

Scope of purchase restriction in Wuhan

According to the reply of Wuhan Housing Security and Housing Administration on June 2, 2022, Kloc-0, at present, the restricted housing areas in Wuhan are Jiang 'an, Jianghan, Hekou, Hanyang, Wuchang, Qingshan, Hongshan District, Wuhan East Lake New Technology Development Zone and East Lake Eco-tourism Scenic Area.

The conditions for foreigners to buy a house in Wuhan are:

1. According to the purchase restriction order of Wuhan, it is tentatively decided to purchase 1 set of housing, including newly-built commercial housing and second-hand housing, for households with registered residence in this city (including husband and wife and minor children, the same below) and households with non-registered residence who can provide local tax payment certificate or social insurance payment certificate 1 year.

2. For families with registered residence in this Municipality who already own two or more houses, families with non-registered residence in this Municipality who own 1 houses and above, and families with non-registered residence in this Municipality who cannot provide proof of tax payment or social security payment in this Municipality 1 year, the sale of houses to them shall be suspended within the administrative area of this Municipality;

3. If the house is purchased illegally, the relevant real estate registration procedures will not be handled. The contents of a sales contract generally include terms such as name, quantity, quality, price, time limit for performance, place and method of performance, packaging method, inspection standards and methods, settlement method, language used in the contract and its effectiveness.

Legal basis:

Opinions of the General Office of Wuhan Municipal People's Government on further promoting the sustained, stable and healthy development of Wuhan's real estate market.

Article 1 Strengthen measures to restrict purchases and loans.

(1) The scope of housing purchase restriction and loan restriction includes Jiang 'an District, Jianghan District, Hekou District, Hanyang District, Wuchang District, Qingshan District, Hongshan District, Wuhan East Lake New Technology Development Zone, Wuhan Economic and Technological Development Zone (excluding Hannan District) and East Lake Eco-tourism Scenic Area.

(2) If a household registered in this Municipality purchases the first set of housing (including newly-built commercial housing and second-hand housing, the same below) and applies for a commercial personal housing loan, the minimum down payment ratio shall be 30%. If you own 1 apartment in this city, buy ordinary commodity housing in the above areas and apply for commercial personal housing loans, the minimum down payment ratio is 50%; The minimum down payment ratio for purchasing non-ordinary commodity housing is 70%. If you own 2 or more houses in this city, you will be suspended from selling the houses in the above areas.

(3) If a non-registered family in this Municipality purchases the first house in the above-mentioned area, it shall provide proof that it has paid social insurance or personal income tax in this Municipality for two years (including two years) continuously before the date of purchase, and the paid social insurance or personal income tax shall not be recognized. Apply for commercial personal housing loans, the minimum down payment ratio is 30%. For those who already own 1 sets or more houses in this city, the sale of houses to them in the above areas will be suspended.