PTZ expanded but increase in notary fees: what François Bayrou is concocting for real estate

In a letter sent this Thursday, January 16 to the presidents of the socialist groups in Parliament, the Prime Minister indicates that the expansion of the zero-interest loan and an increase in transfer taxes for valuable consideration will appear in the 2025 draft budget.

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The Prime Minister assured this during his general policy statementon January 14, he heard “restart access to the property» while the real estate crisis has been raging for two and a half years. François Bayrou, on the other hand, remained discreet about the means of this ambition, which left certain housing professionals on their hunger. But the head of government clarifies his intentions in a letter addressed to the presidents of the socialist groups in the Senate and the National Assembly this Thursday, January 16. “Concerning access to housing, the finance bill (for 2025, the examination of which, interrupted in December by the censorship of the Barnier government, resumed in the Senate on January 15, Editor’s note) will extend the zero interest loan (PTZ) to new housing throughout France”writes the Prime Minister, thus repeating a promise from his predecessor Michel Barnier.

For the record, the PTZ, reserved for first-time buyers, only finances the purchase of new apartments in tense areas, where the demand for housing is much higher than the supply. THE houses New buildings are no longer eligible, and neither are relaxed areas. “We must extend the zero-rate loan to all housing, particularly individual housing (houses),” also hammered the Minister of Housing, Valérie Létard, in a interview at Figaro on December 10. And expand it “to the entire territory”she repeated during her vows.Housing actionthis Thursday, January 16.

A 0.5 point increase in notary fees

François Bayrou, however, blows hot and cold towards real estate buyers since he takes up the project of an increase in transfer taxes for payment (DMTO), incorrectly called notary fees, carried by Michel Barnier. The PLF “will support the possibility of an increase in transfer taxes for payment of up to 0.5 points for the benefit of the departments”promises the Prime Minister in his missive.

For a real estate buyer, this increase of 0.5 point “will represent 500 euros extra of DMTO for each tranche of 100,000 euros of the purchase price of the property”calculated Elodie Frémont, notary in Paris, at the end of November. If you buy a home for 200,000 euros next year, it will cost you 1,000 euros in additional notary fees, compared to an acquisition made today.