Buying real estate without a substantial contribution is an increasingly difficult challenge to be met, especially for first-time buyers. While mortgage rates still exceed 3 %, and the prices of the new remain high despite the crisis, the government is expanding the conditions of access to the zero rate loan (PTZ) from 1er April 2025. A novelty which concerns two unknown devices, and which allow you to buy accommodation at a lower cost and to stagger its acquisition.
A boost to first-time receivers: the co-acquisition integrated into the PTZ
In a context where the lack of personal contribution slows down many households, the co-acquisition could be an effective solution. This system, already experienced by Crédit Mutuel Arkéa with its Duoprimo program, allows the buyer to finance a majority part of his property, while the bank covers up to 10 % of the price.
Such financial support is extended over a maximum of 10 years, at the end of which the buyer bought the share held by the banking establishment and becomes 100 % owner of his accommodation.
From the 1ster April, this acquisition method may be funded via the PTZ, which will facilitate access to housing for first-time buyers who struggle to bring together a sufficient contribution.
How does the co-acquisition work with PTZ?
- The buyer buys a majority part of housing and finances most of its acquisition;
- The bank completes the purchase and covers up to 10 % of the total cost;
- A progressive redemption: the buyer bought the share of the bank after 10 years maximum;
- Eased access to PTZ, which can now finance this share of acquisition.
The objective displayed by the government is clear: reducing the financial barrier from ownership to property. During the real estate fair Mipim, the Minister of Housing, Valérie Létard, justified This measure and explained that “priority is to support households in difficulty in the current conditions of the market”.
The integration of the co-acquisition at the PTZ could indeed encourage more households to take the plunge, and offer them a secure and progressive framework to finance their real estate project.
Real estate dismemberment: a model inspired by leasing
The other alternative now eligible for PTZ is real estate dismemberment. It is an approach that is similar to car leasing. The model is based on a simple principle: a real estate fund buys a new property, then gives up 50 % to the buyer for a period of 25 years.
Thus, the buyer therefore only finances half of the total price, which considerably reduces his initial debt. During this period, it has a purchase option which allows it to recover full ownership when its financial situation allows.
This solution, carried out in particular by the Neoproprio start-up, offers a flexible and reassuring framework, with a right of use guaranteed by a notarial contract.
The addition of this device in the perimeter of the PTZ opens new perspectives for households who wish to invest gradually. Thanks to this type of financial assembly, the government hopes to relaunch the real estate purchase in a loss of speed.
However, these new mechanisms also challenge their actual accessibility: what will be the request of banks? Will promoters be numerous enough to offer these formulas?
This decree, which specifies the resource ceilings and the widen PTZ funding, is expected in the next fifteen days, and should give more visibility on the exact conditions of application.
Such developments could well mark a turning point for first-time buyers. With solutions adapted to current budgetary constraints, the government is focusing on more progressive and inclusive ownership. It remains to be seen whether these devices will appeal to banks and promoters, and above all, if households in search of accommodation will seize it.
Maximize your Cointribne experience with our 'Read to Earn' program! For each article you read, earn points and access exclusive rewards. Sign up now and start accumulating advantages.
