Buy. Why not borrow now or never?

After the dissolution of the National Assembly, we are experiencing a period of government ambiguity The financial market panicked,satisfy Some buyers are taking a wait-and-see attitude.

But credit professionals say it’s better to secure your real estate project in a temporarily stable and known environment than to wait for conditions that could eventually become more adverse.

leave Renegotiate your credit rate or buy back your loanonce interest rates are lower.

Interest rates are stable or even falling slightly

The average borrowing rate over 20 years is 3.6%, according to CNCEF Crédit, the professional association of approved mortgage brokers.

“We must therefore stop waiting for (future) governments to wave a magic wand and restore interest rates to pre-2023 levels. This is at least hypothetical, if not impossible, and, in some respects under the circumstances, could take years,” the association said.

First-time Buyers: Request PTZ

First-time homebuyers who wish to purchase new collective housing in tight areas or old housing subject to work conditions in loose areas can make a request Zero Interest Loan (PTZ)in addition to traditional loans.

Their income must not exceed certain ceilings. In April, these were increased from +7% to +30%, and a fourth income bracket was created to make more households eligible for PTZ.

“Some mutual banks have decided to contribute at zero interest. If we add subsidised rates to the properties shown Diagnostic Energy Performance (DPE) This makes it possible to reduce credit costs qualitatively and obtain, in some cases, an average interest rate close to 1% ”, said CNEF Crédit.

First-time buyers may also be interested in properties Sold in Future State of Completion (VEFA)“Developers tend to give big discounts or provide fully equipped kitchens. or notary fees », Notes Association.

Request Eco PTZ

If you want to buy the old version, you can activate it Zero interest eco-loan (eco-PTZ)grants up to €50,000 for energy renovations without financial requirements.

“This is a real advantage for landlords who want to put properties that are poorly classified under the DPE back on the rental market,” CNCEF Crédit said.

Borrower insurance: A more flexible bank

Borrower Insurance Allows you to ensure repayment of your loan to the bank in the event of the borrower’s death, disability, or incapacity.

“Some banks are open to insurance mandates, that is, they do not require borrowers to purchase insurance at incorporation,” the brokers association confirms.

According to the magazine UFC-Que Choisir, during the property loan period, it is possible to save an average of 15,000 euros by signing an individual contract instead of the group insurance of the bank granting the loan.