After two years of increase, the housing savings plan will become less advantageous for its new followers in 2025.
Bad news for those who were procrastinating before subscribing to a housing savings plan (PEL). From January 1, the interest rate of this regulated savings product will be less advantageous: after two years of increase, it is about to be lowered by half a point, to settle at 1.75 %. It was 1% until 2022, before rising to 2% in 2023 then to 2.25% since January 2024.
The news was communicated to the Official Journal this Wednesday, December 18. Please note that this revision of the interest rate will only concern new PEL customers: those who have already subscribed to this savings product will continue to be remunerated at the rate determined in the year the account was opened.
A positive counterpart
The housing savings plan is intended to finance a main residence. Any natural person can subscribe to it, without any condition of nationality or place of residence. It is open for a minimum period of four years and can be paid for ten years, after which it is still possible to receive interest for five years. Its ceiling will remain unchanged in 2025, set at 61,200 euros.
Positive counterpart of this reduction in the interest rate: the PEL also makes it possible to obtain credit for the purchase of a main residence, the financing of works or even SCPI shares. However, this housing savings loan is granted with a rate equal to PEL remuneration increased by 1.2 points. From then on, people subscribing to a PEL in 2025 will be able to claim, in at least four years, a credit at a rate of 2.95%, compared to 3.45% for those having opened their plan in 2024.
