Eco Pret à Taux Zero Criteria

[stan]

Is there anyone out there who knows some of the ins and outs of the Eco Pret loan system?

My problem is that I have commissioned an etude which states that I require a 3000 litre fosse septique tank for the main house and another identical tank for a detached buidling, which was formerly a gite but now used as a store, although it currently has an old bathroom with sink, toilet and shower. The buildings are 5m apart and currently all waste water flows from said building and the main house to one large concrete tank. This system presently does not conform, hence the etude.

Furthermore, I have permission to go ahead with the works via the commune/SPANC.

To fund the works, which are estimated at just over 10K euros, I have applied to Credit Agricole Britline for an Eco Pret loan.

Since the application CA have complicated matters by asking for "attestations" from SPANC, that the work is necessary (one of the criteria for qualifying for the Eco pret loan), despite such a form not existing and despite SPANC telling the bank this directly.( It as if CA have never processed an Eco Pret application before.) The bank have now accepted that they made an error and following my repeated trips to SPANC to look for fictional forms, CA have now accepted what I had originally submitted form wise.

This appears to be a cost though, as they are now insisting that they will fund only one tank, despite the etude/SPANC specifying that the system requires two (as per above) to conform with the regulations. The bank have offered "to look at" the possibility of funding one tank via Eco Pret and then "look at the possibility" of asking me to apply for a home loan at god knows how much interest, to fund the other tank. This is not acceptable to me.

My question is to anyone who knows of the ins and outs of Eco Pret loans, as to whether the lending criteria, and I assume it is the French government who stipulate this and not the bank, specify that the loan is applicable to the system and NOT just to one fosse septique tank. I do not know if CA Britline are correct about this, or they are wrong, or just trying to drum up business with interest applicable home improvement loans at the expense of the Eco Pret system.

Any clarification or assistance of this problem would be greatly appreciated.

[Boiling a frog]

Just a thought. Eco prets are only available for ones maison principal. So assuming one house is your maison principal that would qualify. The other house? is not your maison principal so cannot qualify for the loan.

Or is the other building not a house,if not again it does not qualify?

[stan]

Thank you for the reply, although you have not read through or understood the problem. This house is my primary residence, hence the application in the first place. My question is basically, does the Eco pret apply to one  system or tank?

[stan]

This house is my primary residence, hence the application in the first place. The other building, as I explained, is formerly a gite with a bathroom, and so is effectively a house also, although I choose at the moment to use it as a store.

My question is basically, does the Eco pret apply to one  system or tank?

[stan]

[quote user="stan"]Thank you for the reply, although you have not read through or understood the problem. This house is my primary residence, hence the application in the first place. My question is basically, does the Eco pret apply to one  system or tank?

[/quote]

ADMIN...please delete this post and the post highlighted in the quote, as I have clarified my response to boilafrog.Thank you

[Boiling a frog]

If you read my first reply ,an eco pret is only for your maison principal, not for any other building which happen to be situated on land that you own and which is not even a house at the moment

[stan]

[quote user="Boiling a frog"]If you read my first reply ,an eco pret is only for your maison principal, not for any other building which happen to be situated on land that you own and which is not even a house at the moment[/quote]

Thanks, I appreciate what you are saying, boilingafrog, but the whole property is my "residence principale" (the wording of the govt eco pret bumf I read stipulates "residence" not "maison"), and part of the residence is a 3 bedroomed house with bathroom, hot water, electric etc that was used as a gite, although as I say is being used as a store area for now( although that is not to say in the future I may again use it as gite).

[Boiling a frog]

I have to disagree with you.

You have a house ,your residence principal and you can have various outbuildings which comprise your residence principal.

However, as soon as you turn one of the other outbuildings into a dwelling that particular building is no longer part of your residence principal.

You need a complying fosse for your house but you do not need a fosse for an outbuilding however you would need a fosse for another dwelling house, but that would not be part of your residence principal.

Why would you receive what in effect is a grant to put in a fosse for a store room .I suspect the bank suspects you are trying to obtain a 0 % loan for something which you will then either sell on or use as a gite.

[stan]

[quote user="Boiling a frog"]I have to disagree with you.

You have a house ,your residence principal and you can have various outbuildings which comprise your residence principal.

However, as soon as you turn one of the other outbuildings into a dwelling that particular building is no longer part of your residence principal.

You need a complying fosse for your house but you do not need a fosse for an outbuilding however you would need a fosse for another dwelling house, but that would not be part of your residence principal.

Why would you receive what in effect is a grant to put in a fosse for a store room .I suspect the bank suspects you are trying to obtain a 0 % loan for something which you will then either sell on or use as a gite.[/quote]

You are wrong the bank does not think I would do that. They say that their guidelines say they will only fund one tank with an Eco pret loan...nothing more sinister than that.

[stan]

Actually boiling frog, rather than wrongly suspecting the reasons for only funding one tank, can you tell me, or point me in the right direction on the source of your information regarding what you say about principal residences and outbuildings? Many thanks.

[Boiling a frog]

That is logical why would anyone want more than 1 septic tank for their residence principal?

You are wanting 2, one of which will become another dwelling house otherwise there is no point in having another septic tank, The French are not stupid ,and they do not generally put in a septic tank for a store room, only for a dwelling house,hence their reluctance to fund your project.

[stan]

[quote user="Boiling a frog"]That is logical why would anyone want more than 1 septic tank for their residence principal?

You are wanting 2, one of which will become another dwelling house otherwise there is no point in having another septic tank, The French are not stupid ,and they do not generally put in a septic tank for a store room, only for a dwelling house,hence their reluctance to fund your project.[/quote]

I actually did not want the extra septic tank in the first place, whatever is there just now works well and has apparently done so for years. The pipe from the gite bathroom and kitchen runs into the main tank, ie the one for the main, principle house. The French person who did the "etude" obviously did not think it was a "stupid" idea to incorporate this extra tank into the one system, and indeed SPANC approved the new system. There is only to be one filter bed and the extra tank will only run 8metres to the one filter bed. At the end of the day, it will only cost several hunded euros to add this extra tank.

I will actually go back to SPANC and just confirm with them the need for this extra tank, and for what its worth, will continue to find something in black and white that specifies what exactly can be funded.