What are the aids for a first real estate purchase?
Several aids can be granted as part of a first real estate purchase: the PTZ, the PAS, the Accession Loan and local authority aid.
The Zero Rate Loan (PTZ)
First-time buyers, this loan assisted by the State is for you."The essential conditions to be able to benefit from it are not to have been the owner of their main residence during the last two years and not to exceed a certain ceiling of resources , indicates Cécile Can, in charge of legal studies at the National Agency for Information on Housing (ANIL).The amount of the loan granted depends on the nature of the project and the geographical area where the property is located ”.
A certain number of projects, defined in advance, can give access to the PTZ: the purchase or construction of new housing; the transformation of a room to make a complete rehabilitation and transformed into housing; the purchase of existing social housing; in certain geographical areas - B2 and C -, the purchase of old housing to carry out work."The PTZ is in effect until December 31, 2022" specifies Cécile Can.
The Social Accession Loan (PAS)
The Social Accession Loan is a real estate loan granted to people with modest incomes who wish to become owners of their main residence, by buying it or having it built."It is also a regulated loan but, at Unlike the PTZ which cannot finance the entire purchase and which must accompany a principal loan, the PAS can be mobilized to finance the totality of a first real estate purchase ”confirms Cécile Can.
Posted Date: 2021-02-27