Why switching from Saron to fix, then I can just do a fix in the beginning.
(I assume I will get the fix rat at actual offer, not just the saron converted to fix. That makes no sense).
-if you want a saron anyway, then do not switch to fix, sure.
-the risk with fixing the fix before you go to the Notar, is the seller can cancel the sell. Then you sit with a fix mortgage without a flat to buy (but have to pay the rate to the bank or cancel the fix mortgage with a penalty). And to go to the Notar to sign, you need a signed mortgage. I would say the risk is low, but I actually know one person who had the problem.
Ps: ubs key offered saron 0,85%
Isn’t their a clause that if the seller jumps off the risk is on his side ?
That is the lowest I heard until now, everyone else at 1% upwards.
Until a few months ago, 0,85% was pretty much the standard. Recent testimonials seem to suggest that rates have gone up.
Sorry, I meant that the flat probably isn’t in the middle of the city - I didn’t want to sound condescending. Brugg is a mixed bag - some people love it, some don’t 
In the reservation contract both parts have clause (the one cancelling pays a fee).
Between that moment and the notar signature, there is no extra contract between seller and buyer. But the buyer alone needs a contract with the bank (mortgage) for the notar.
Talk to all banks you can!
0.8% should be possible - maybe you can also get a better rate for a larger mortgage, etc.
What I wouldn’t do are combination deals. I’d never switch my 3a to them to save .1% interest, it’s not worth it, especially at your wealth level.
Hello!
I just reserved a mountain appartment. Not very mustachian, but one of my dream.
My setup :
Price 450k
Downpayments : 200k or 250k
Mortgage : 250k or 200k
The 50k I could keep as cash would be invested at ~5%.
Now the trick : we have a rented house which I can leverage some money. Process is quick and relatively easy.
This allow me to avoid to create a new “cedule hypothécaire” (mortgage certificate) with the notary (thus avoid to pay for this) AND as the “valeur locative” (rental value) will be removed in 2028-9, I will still be able to deduct interests of this loan from my revenue because it is linked to the rented house and not my mountain apartment.
Offer is now :
2 ans 1.20%
3 ans 1.28%
4 ans 1.37%
5 ans 1.43%
6 ans 1.51%
7 ans 1.53%
8 ans 1.59%
9 ans 1.63%
10 ans 1.62%
Saron is bad : advertised at 1.24%
My initial mortgage is ending in july 2027. Option A is to take a 3y fixed rates and in 2027 renew my initial mortgage with 2y in order to align them for a due date in 2030. I will then be able to look around for another provider if needed.
Option B is to take a 5y or 7y.
Any feedback? I would be happy to be challenged!
I don’t think this works.
The interest isn’t deductible based on which property it relates to. They take your interest and allow only the proportion of assets that relates to rental property e.g. you have a rental property worth 500k and 2500k in total assets, only 500/2500 = 20% of the interest will be deductible.
How?
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where do you get 5%?
Crowdlending at foxstone.ch.
I use it since several years with success.
Thanks 
i will investigate.
until several loans default during the next recession… Not a good place for “safe” cash.
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Recession in swiss real estate ?
I don’t think the last part is correct. It is possible to sign the purchase contrat with the notar without having a contract with a bank. A mortgage pre-approval letter is sufficient and you can still choose the bank after having signed the purchase contract with the notar.
yes?
The sentiment of pre-GFC 2008 comes to mind “real estate cannot ever go down”. And oh boy did it go down.
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My homeowner parents have been more traumatized by the real estate crisis of the 90s than by the GFC (they were younger, with less assets and rates were higher). Crises do happen infrequently.
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Thank you for your comment. That is very interessting. At the time, 2 banks told me that such a thing was not possible…maybe they wanted to close the deal…
Anyone with real experience about this point?
Hope for the best, prepare for the worst
There is always a risk and I would not ignore it, but as always assess your liability. If you absolutely cannot afford to lose the money, I would not lend it there.
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