Who can benefit from the new zero-interest loans?

The decree implementing the new zero-rate loan (PTZ) was published government newspaper On 3 April, the system, announced by the Economy Minister, Bruno Le Maire, was allowed to come into force in October 2023. This loan aims to support access to property for modest and moderate income families. This allows you to acquire your first main residence and is provided subject to resource conditions.

The zero-rate loan is interest-free, free and has a tenure of 10, 15, 20 or 25 years and a repayment period of 0, 2, 5, 8 or 10 years, during which the family makes no monthly payments. Payment. In recent weeks, banks have continued to deliver the old PTZ while adapting their information systems to the future reform, which applies until December 31, 2027.

The main new feature is that the system no longer allows financing of new individual home purchases. Zero-interest loans are now focused on first-time buyers purchasing a new apartment in a tight locality or an old house with work in a comfortable area. HLM tenants who purchase their own social housing are also affected. “All support for home ownership is welcome, but it would be a shame to exclude the new individual homes that many buyers dream of”Underlines Ludovic Huzieux, co-founder of broker Artemis Cortez.

29 million eligible tax families

Among other amendments to be implemented, we note the reassessment of the income threshold and the creation of a fourth tranche, measures aimed at increasing the number of potentially affected households. In October, the government estimated that 29 million tax households were eligible for the new system, compared to 23 million in its previous version.

This number should increase: the ministers responsible for housing, Bruno Le Maire and Guillaume Kasbarian, announced on 22 March the reclassification of 800 municipalities into stressed areas from the month of June, which should increase the additional number of French to 1.8 million PTZ’s. People eligible for.

“We are not expecting a tidal wave. The new system should benefit 40,000 families in 2024, while more than 60,000 will benefit in 2022, according to Bersi’s forecast., However, Myleurtox spokesperson Maël Bernier specifies. Higher prices than existing properties, coupled with increase in conventional property loan rates, are not in favor of buying new properties. “Young first-time buyers on a low budget mainly buy in comfortable areas, older buildings, so they are not in the PTZ target”, understanding mael bernier “And people who buy new apartments in a stressed area generally have incomes that exceed the system’s ceiling.”,

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