Advice from courtiers at the Toulouse Real Estate Fair
While borrowing rates have risen significantly in recent months, brokers at the Toulouse Real Estate Show are advising potential buyers to buy. For them, the rates have returned to “normal” and the banks are likely to relax their criteria within a few months.
The Toulouse Real Estate Fair is held until Sunday evening at the Meet, in Aussonne. While mortgage rates have soared in recent months, we have sought advice from real estate and brokerage specialists. All are unanimous: it is always interesting to buy.
“It’s always better than paying rent in a vacuum. Even if credit rates are now 2.5 to 3% compared to 1% a year ago, there is always the possibility of renegotiating them in a few years. And if it is, the rates will go up to 5%, in this case, the buyer will be happy to have a rate of 2.5%” underlines Julien Bonich, broker at Immoprêt in Toulouse.
The importance of intake
Lucie Joullié, credit broker at Vousfinancer, does not say anything else. “We always advise our clients to invest. Admittedly, the rates are higher than a few months ago, but at 2.5%, they still make it possible to invest and be owners in twenty years. The broker advises, however, to prepare your file and to ensure that you have a contribution of 8 to 10%. “It is likely that the banks will relax their criteria in a few months, on the other hand, the rates will go up again. We need to have a little more leeway thanks to the Lemoine law (it allows you to terminate your borrower insurance at any time, Ed). »
For investors who would like to buy to rent, Brigitte Roy, wealth management advisor at Pastel Patrimoine, advises investing in student, tourist or Ehpad-type residences. “The property is allocated to a manager, which guarantees the payment of rents whether the property is rented or not. These apartments are also accessible to small budgets from 50,000 euros with a profitability of 4.5%. »