New resource ceilings, revised and corrected zoning, zero rate loan amount increased for the most modest… The zero rate loan (PTZ) will have a makeover in 2024. But borrowers will not be able to benefit from it from January 1, 2024.
The new version of the zero rate loan (PTZ) 2024 will take a little while. While the government wishes to take advantage of the 2024 Finance Act to expand this loan, so that 6 million additional households can benefit from it, this new version of the PTZ will not come into force on January 1.
| Slices | Area A | Area B1 | Area B2 | Zone C | PTZ quota |
|---|---|---|---|---|---|
| 1 | 25000 | 21500 | 18000 | 15000 | 50% zero rate real estate credit |
| 2 | 31000 | 26000 | 22500 | 19500 | 40% |
| 3 | 37000 | 30000 | 27000 | 24000 | 40% |
| 4 | 49000 | 34500 | 31500 | 28500 | 20% |
*Annual net income. Source: Bercy.
The finance law for 2024 sets out 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 indicates to the newspaper The world.
End of financing for new house
If the government’s stated goal is to expand accessibility to PTZ, this 2024 version of the boost is not unanimous. Many real estate professionals regret the exclusion of new individual houses in the new PTZ. Thus, the system is refocused on new collective housing (apartments) in tense areas and all old housing (apartments or houses) in a relaxed area, subject to renovation. The zero-rate loan can therefore no longer be used to build a new house.
Real estate credit: what will change for the PTZ in 2024
The French Building Federation (FFB), through its president Olivier Salleron, strongly criticized this decision, believing that the government is playing with fire by cutting the new PTZ. You don’t break a system in the middle of a housing crisis.
In October, the French Building Federation (FFB) already denounced a semblance of compromise which confirms the exclusion of individual housing and 93% of the territory. The government indicates that its proposal would potentially make six million additional households eligible for the PTZ. However, impact studies reveal a much more modest number of new beneficiaries, of the order of 15,000 households.