The conditions of access to the zero-interest loan will be relaxed to allow six million additional people to benefit from it, the Minister of the Economy announced on Saturday to the Sud Ouest regional daily, in a context of real estate crisis .
Faced with the increase in interest rates, we will expand access to zero-rate loans (PTZ) by simplifying the scale and increasing the ceiling, Bruno Le Maire indicated in an interview.
This will be done in the coming weeks so that six million additional French people benefit, he added.
The PTZ allows households, mainly first-time buyers, to limit the cost of financing their main residence, in new buildings, and if they carry out work, notably improving energy performance, in old buildings.
No interest refund
As its name suggests, the zero rate loan does not involve any interest repayment. It complements another type of credit and can only represent a fraction of the total amount borrowed.
In an interview given at the end of September to the daily The Parisianthe minister mentioned a revision of the scale to allow more young households to access it.
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The income ceilings not to be exceeded to be eligible for this State-assisted loan depend on the municipality of the property purchased. These are classified with letters, AC, reflecting the more or less strong imbalance between supply and demand.
In addition, 154 new municipalities will integrate extended areas, class A therefore, and will therefore be eligible for intermediate housing and the new PTZ from 2024, added Bruno Le Maire, specifying that this represented 4.5 million inhabitants.
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