Zero-rate loan extended to 2027 and refocused on new flats in high-demand areas and older homes with works elsewhere
The 2024 Finance Act extends the zero-interest first-time buyer loan (PTZ) to 31 December 2027 and changes its parameters. For new homes, it is limited to dwellings in multi-unit buildings in high-demand areas (except lease-to-own, solidarity land leases and social home ownership), excluding new detached houses. The financed share can reach 50% for the lowest-income households, and income ceilings and the family coefficient are revised. The new rules apply to loan offers issued from 1 April 2024 (Decree No. 2024-304 of 2 April 2024).
Measure originators
A positive amount is revenue or savings for public finances; a negative amount is a cost or lost revenue.
Measure impact
According to the Government's impact assessment, extending and adjusting the PTZ costs €91m in 2025, €219m in 2026 and €349m in 2027, or €2.7bn over 2025-2033 (tax credit used by banks). The PTZ was later extended to the whole country from 1 April 2025 (separate entry).
Official references
Sources
Procedure timeline
Follow the progress of this fiscal measure through the different stages of the parliamentary procedure.
Administrative implementation
Entrée en vigueur de la mesure et mise en œuvre par l'administration
President of the Republic signature
Publication au Journal officiel
Possible referral to Constitutional Council
Décision de conformité / censure partielle
National Assembly has the final say
Si Ă©chec CMP
Debate and vote
Debate and vote
Débat et vote en séance publique à l'Assemblée nationale, ou engagement de la responsabilité du Gouvernement (article 49.3)
Council of Ministers
Validation interne