Thermal colanders. To grant a mortgage, do banks pay attention to the energy class of the property?

More and more thermal colanders are on sale on the market: TRUE

According to the National Federation of Real Estate Assets (FNAIM), nearly 500,000 energy-intensive homes currently rented are at risk of exiting the rental market within six years.

A study by Meilleurs Agents, specialized in online real estate valuation, and SeLoger, real estate ad portal, shows that in 2021 the sale of thermal sieves increased by 8% for apartments classified F or G, against + 3.5% for apartments with reviews.

A trend confirmed by Laura Martino, director of banking partnerships at the Cafpi credit intermediary, the result of the strengthened legislation on energy criteria with the Climate & Resilience law and the increase in the cost of works.

Some owners of thermal colanders are then forced to put them up for sale, “due to lack of means to carry out work that can cost more than 30,000 euros”, he specifies.

Thermal colanders for sale are subject to discounts: TRUE and FALSE

“Prospective buyers are very aware of the regulations and their consequences on rental investments, underlines Laura Martino of Cafpi. When the property has defects, particularly in terms of energy performance, they do not hesitate to negotiate the price of the coveted property up to 20%. »

This is less true in narrow markets such as Île-de-France and regional cities. As shown in a study by the Notaries of France on the green value of housing relative to sales in 2020, the prices of apartments classified F or G have undergone a discount of -2% to -14% on average compared to apartments classified D, all at level playing field.

As for old houses, those classified F or G sold in 2020 on average between 5% and 20% less than houses classified D. But the positive or negative impact of the energy label on selling prices is less as the housing tension level is high in the city.

Banks are not attentive to the energy class of the property when they grant a mortgage: FALSE

“Banks are very vigilant about the type of property they buy. Energy criteria can play against the borrower if the energy rating of the accommodation is too low. They will be more demanding in terms of contributions and residual savings (the money that remains in the borrower’s current account after the acquisition, ed), to anticipate the work to be carried out, for example”, says Laura Martino.

To make a loan, some may require the borrower to undertake work to upgrade the property purchased from G to at least an E rating.

But there are consumer loans, offered by banks, to help borrowers cover the cost of their energy work. The rates offered remain lower than those of conventional consumer credit. For example, underlines Cafpi, for a loan of 4,000 euros, a rate of 2.20% can be offered for a “green” loan, against 10% for a conventional consumer loan.

Existing aid for energy renovation is enough: TRUE

“Several of our practices with work have been financed thanks to national and local aid, says Laura Martino of Cafpi. For example, a first-time buyer borrowed €110,000 to buy a house, which required €40,000 to raise the energy rating from G to E. He had savings of €22,000 which he was able to mobilize for a part of the work. For the rest, he appealed for aid from “MaPrimeRénov”, the Departmental Association for Housing Information (Adil) and the regional council, and was able to collect 18,000 euros in aid, or almost half of the amount that remained to be financed. It should be noted, however, that the procedures for obtaining this help are lengthy and complex. »

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