The zero-rate loan (PTZ) financed by the State will indeed be expanded in 2024, but we will have to wait a few more months before it comes into force. “The finance law for 2024 ratifies the main lines of the new system. It will be supplemented in January by an implementing decree setting out all the characteristics and specifying the date of entry into force, probably between February 1 and April 1., Bercy tells us. This delay gives banks time to adapt their information systems to the new characteristics of the zero-interest loan.
The objective of the overhaul of the system? Reach six million additional households, to bring the number of eligible households to 29 million. Intended to support households in purchasing their main residence, the system created in 1995 was to end on December 31, 2023. Bruno Le Maire announced in October that it would be extended until 2027 in a slightly different version.
Concretely, the PTZ is refocused on new apartments in tense areas and on old housing with work in relaxed areas. “New individual houses are therefore leaving the system, it is a disappointment for many households in the provinces”, notes Samuel Massieu, head of banking partnerships for Cafpi for the Grand-Ouest and Grand-Est regions.
“Housing crisis”
The French Building Federation (FFB) is also moved by this. “The government is playing with fire by amputating the new PTZ. We don’t break a system in the middle of a housing crisis,” deplores its president, Olivier Salleron. A choice fully accepted by Bercy “for the sake of consistency with our objectives of combating land artificialization”. The tense zone (A) also includes 209 additional municipalities.
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Another new feature, the income ceilings to benefit from the system are reassessed, and a fourth tranche is created, for incomes between 37,000 euros and 49,000 euros per year. The PTZ may represent 20% of the acquisition price of the property for this new tranche. For the most modest households (less than 25,000 euros of income in a stressed area), the share (PTZ’s share in financing the operation) is 50% of the purchase price of the property, compared to 40%. only before. “The amount of PTZ to which a borrower is entitled depends both on his income and the area in which the property is located”, decrypts Fabienne Amblard-Larolphie, director of the individual market at Caisses d’Epargne, which offers those under 35 an additional loan at 0% up to 20,000 euros.
2023-12-19 06:30:34
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