The Wuhan Municipal Bureau of Housing and Urban Renewal, the Wuhan Municipal Bureau of Natural Resources and Urban-Rural Development, and the Wuhan Local Finance Administration issued implementation opinions on implementing the “Notice on Improving the Commercial Housing Sales System”. Among them, it is mentioned that it plays the role of a financing coordination mechanism. Before August 28, 2026, pre-sale commercial housing projects that have signed development loan loan contracts can meet the reasonable financing needs of the project through additional financing, extension or adjustment of repayment plans in accordance with the principles of marketization and legalization, and match the issuance of development loans with the project construction cycle through full negotiations between the host bank and the real estate development enterprise. Launch a pilot project to set up mortgages by household land use rights. Where a real estate project development company applies for a development loan using a land use right mortgage, it shall set a mortgage by dividing the land use rights of each household, and specific measures shall be formulated separately.

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