the zero-rate loan will be increased and extended in 2024, announces Bruno Le Maire

It was to be deleted from January 1st, it will finally be “prolonged” for the whole of 2024, and even extended. The zero-rate loan (PTZ) will be extended to more households and more cities, announced the Minister of the Economy on Wednesday October 18. “There is a collapse in mortgage lending and we want as many households as possible to have access to mortgage credit as this becomes extraordinarily difficult with rising rates” of interest linked to inflation, specified Bruno Le Maire on RTL.

The maximum PTZ amount will increase. ll “will go from 80,000 to 100,000 euros”the share that it may represent in relation to another loan taken out with the bank will pass “from 40% to 50% for low-income households”according to him.

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Moreover, “the middle classes will be eligible”while currently people earning between 2,500 and 4,000 euros are not entitled to it. “That’s six million more eligible people.”

Finally the PTZ “will concern 210 more cities”, detailed the minister, recalling that this loan concerns “the areas where there are the most difficulties in finding accommodation”. He cited “Bordeaux, Auxerre, Besançon, Bidart, Le Mans, Cournon d’Auvergne…” among the new eligible cities.