“Notary fees”: will you be one of the buyers most penalized by their increase?

Transfer duties for payment will increase from June 1, 2025, if this measure announced by Michel Barnier is included in the finance law for 2025. Find out which categories of real estate buyers will pay the most.

• 
  

  To safeguard
  
  
  

  Saved
  

Transfer taxes for valuable consideration (DMTO), incorrectly called “notary fees» to the extent that they are essentially made up of local taxes, will increase from next year, for a period of three years. The Prime Minister in fact announced, Friday, November 15, that the finance bill for 2025 (PLF) will give, to departments that so wish, the possibility of increasing the DMTO by 0.5 points. If it is passed in the initial finance law for 2025, this measure will be effective on June 1.

This increase in transfer taxes for valuable consideration is a “very bad news for younger buyers because these costs are rarely financed by banks. As the intake is low among the youngest, this will make their first purchase even more difficult.regrets Maël Bernier, spokesperson for the broker Meilleurtaux, on the social network increase of 1,000 euros in notary feesshe calculates.

The increase in “notary fees”, a hard blow for first-time buyers

An increase that she estimates at 1,500 euros in the case of a purchase of 300,000 euros. “That maybe blocking for youth financing files who cannot be helped by their parents”underlines Maël Bernier, recalling that the average outstanding balance of the livret A – the preferred savings product of the French – does not exceed 6,000 euros. A 0.5 point increase in DMTO, “this represents an additional 1,250 euros for an average credit of 250,000 euros!”adds broker Cafpi.

A hard blow for first-time buyers, due to their low contribution, but not only that. “For second-time buyers, who generally buy a second property between 400,000 and 600,000 euros, they will have to pay up to 3,000 euros in additional notary fees. A sum that we would prefer to allocate to the furnishing of the house…”specifies Sandrine Allonier, spokesperson for the broker Vousfinancer. Let’s take the case of a purchase for 600,000 euros in an old property. The “notary fees” representing 7% to 8% of the purchase price, in this case they amount to 45,000 euros. A sum to which 3,000 euros will have to be added once the increase in DMTO comes into force. A total of almost 50,000 euros.