After months of waiting, they are finally here. On September 4, the provisional government published in the Official Journal the implementing decrees for the “mutation advance loan” (PAM), a housing energy renovation scheme created… on December 29 during the 2024 Finance Act. The “PAM” is granted at zero interest and has been available since September 1, 2024. Households taking out this new loan – banks must take it up for it to start being distributed – therefore do not pay interest and, above all, benefit from a cash advance that allows them to start work immediately, even before receiving any MaPrimeRénov’ subsidies.
7 types of energy renovation work are eligible for this loan, such as roof insulation, exterior walls or glass partitions, as well as the replacement or installation of heating, water heater or ventilation systems. The maximum amount of the PAM will depend on the number of projects undertaken: 15,000 euros for one work item, 25,000 euros for two and finally 30,000 euros from three. The household will then have to repay the capital borrowed from the bank – the latter holds a mortgage – when the property is transferred, during a sale or inheritance. The State puts its hand in its pocket by granting the bank a tax credit, in an amount that allows it to compensate for the absence of interest.
>> Our service – Energy renovation: calculate the amount of your (…)
(…) Click here to see more
Real estate purchase: gifts from banks and developers reserved for first-time buyers
Location: Rents continue to soar, find out where
How to set the selling price of your home?
Home loans: good news, rates are falling again in September!
Real estate: good news for sellers, the price drop is already over!
