Loan in fine: idea of ​​Minister Christophe Béchu, skepticism of bankers… the future of real estate credit remains uncertain

Les banquiers sceptiques sur la proposition de Christophe Béchu d'un crédit in fine. MAXPPP – Jean-Luc Flémal

Les établissements bancaires échangeront à la fin février 2024 de l'accès au crédit avec le gouvernement.

It's at the end of February that the banks have a meeting with Christophe Béchu, Minister of Ecological Transition. At the center of the discussions: the latter's proposal to unlock access to credit.

More expensive ?

The government's ambition is to restore real estate purchasing power to the French. The minister's idea ? When purchasing a property, "you take out a loan over 20 or 25 years, not on 100% of the price, but on 80%, which you typically repay over time". The remaining 20% ​​? They "remain in the form of a mortgage, on which you only repay the interest and not the capital". The latter would only be reimbursed "upon resale". This is a bullet loan.

"A credit ultimately is by construction more expensive in interest than a depreciable credit, while we have entered a context of higher rates& ;quot;, we explain to the French Banking Federation to the Parisian. Summarizing the skepticism of bankers.