Slightly off-topic/meta: I see a somewhat general aversion to directly naming banks in this thread, is there a reason for that?
Is there a NDA in those mortgage contracts?
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Good question - I just followed the norm; not sure why the norm is there though. 
Mortgages is probably one of few cases where it is not a good idea.
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Well, I got an offer for 0.64% margin with 3 years lock-in from WIR/VIAC and some less attractive fixed rates, but that was one month ago.
When writing for an update today looks like they discontinued taking mortgages altogether (without notice).
Iâll update once other offers are finalized.
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The bank that is too big to fail now 
Global bank also offered me as of yesterday the following rates for fixed:
5Y: 1.05
7Y: 1.22
10Y: 1.39
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0.64% margin for SARON is amazing. The only caveat is that its for 3 years and chances to increase that at the time of renewal after 3 years is high.
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Update:
Cantonal Bank: 1.3% 5y fixed, 0.75% saron margin
WIR: 1.42% 5y fixed and as above 0.64% saron margin 3y lock-in (but one month old offer)
Infamous bank: 1.13% 5y fixed and 1% saron margin (.9% if locked)
Broker: 1.06% 5y fixed and 0.65% saron margin (conditions not yet disclosed, probably some caveats)
Such a bummer for VIAC/WIR, now have to withdraw Pillar 3 and/or divest some stocks in this shitty market.
Edit: LTV 80% (VIAC would have been 85%)
I was offered the 5y at 1.13% and 10y at 1.42% by global bank last week. So, might be lower now.
What is you loan-to-value ratio?
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I am not sure which one âinfamousâ bank refers to?
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Guys, just use the real names unless you have a specific reason not to?
Isnât the goal of this forum to share knowledge to help people save money? It sounds unlikely that sharing a name will change anything to one own situation.
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57.2 %,
No need to amortise any further after mortgage renewal is completed.
That explains, we are first-time buyers and also pledging Pillar 2 for 10% equity. So, my guess is the rates you have would be difficult to achieve for us.
Iâm curious, was your goal 57% or the property appreciated in the meantime?
I recently renewed my SARON tranche and the margin was not increased so I can keep the 0.5% margin. However I donât think they give that to new clients anymore. The bank is credit agricole.
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Property appreciated in the last 5 years. the LTV went from 82% to 57%.
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Question: does anyone here have experience in taking over an existing mortgage from the seller?
What are the caveats, hidden costs, risks and questions to ask the bank?
Got an interesting proposal from one of the banks, they say we could take over the sellerâs loan of 350k at 1.2% for six years.
The rest could be SARON at 0.75% margin.
Iâm planning to negotiate using a competing proposal and see if they can lower the margin, nevertheless all told this remains the cheapest option for a two-tranche mortgage.
As far as I know, the financial risks and impacts fall on the reseller. Theyâre the ones terminating the mortgage contract with the bank, so any potential losses or financial damages are their responsibility. If the dealer seems trustworthy and the price is fair, I donât see any issue in your case.
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normally the mortgage is assigned to you so you stand in the shoes of the original borrower and take on all the same terms and conditions of the loan.
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⊠if the bank allows that, since you should meet the same criteria. So, you can take that for granted.
I would get a written confirmation by the bank, if I plan to take over the mortgage.
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