Took 2h for me on the first day, but I tried twice. I would just repeat it.
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Hi, maybe a stupid question but I never asked for one.
Who should I send the letter to?
Wincasa or directly to the owner (which is an investment fund)?
Thanks!
I sent it to the management/Verwaltung.
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Just use the calculator from MV and they will do the calc and provide potential impact of inflation and what reduction you should expect including a template letter. Cannot be easier
I used but never got any email with calculations
thatâs odd. maybe try it again. Itâs the one you provide also details about Nebenkosten etc and then provide your email at the end. Report then comes with all the details and the letter. In fact in my case the inflation part was like less than 10% of the 2.91% reduction. The letter anyway does only request them to provide you with the confirmation of the reduced rent within 30 days or explanation as why not or not fully.
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Yeah thatâs what I did
Two times actually
I will try again
You can try the Ticino version (and translate with chatgpt). It gave me 3.3%, in pdf right away.
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So I was able to finally get the MV calculation
Itâs recommending 2.3% rent reduction
However I am in dilemma. My landlord didnât increase the rent when rates went from 1.25% to 1.5%. They only increased when rates went to 1.75% as I think they didnât want to push for rent increase for just one step increase.
So I am wondering whatâs the expected mortgage reference rate for 1 June? Should I expect another cut to get to 1.25% ?
I am debating if I should wait before sending a letter. Is there any sort of expectation?
So you moved in when rates were at 1.25%?
If so, with one increase only, your current rent is based on 1.5%, which now is the current rate again.
Therefore no room for a rent decrease IMHO.
At least thatâs how I think about it. I donât think they âmissedâ their right to do two increases, but just decided to keep it at one increase.
It doesnât matter. Ref rate at 1.75 started in Dec 23. They included the price index of that date. Both are now down. Go for it.
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No, he wrote they increased it when it went up to 1.75%, so the basis is now 1.75%. Doesnt matter whether they increased in two steps (1.25, 1.5, 1.75) or in one step (1.25, 1.75), the resulting rent is based on 1.75%.
I would surely not wait. It would be different if this reduction would be in 2030 and they could claim all inflation from 2024-2030. But in the current scenario itâs a no-brainer.
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I know that he wrote that. 
But when it went up to 1.75% on the 2nd increase, they could have increased the rent by 6% in one go (Ive heard that some landlords did that).
So in my eyes, they always had the right for a 2nd increase, until now where it went back down to 1.5%âŠ
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So actually following are the facts
Based on formula (inflation and interest rates), my landlord calculated the total rent increase of 9.4% or so. But they only increased by 5.25%. It was noted in the increase that full increase was not passed
They did say that if the rates go back to original (1.25%) then I can only go back closer to old rent and I should not expect 9% reduction. This is to say that obviously I cannot go to a level below my original rent
This is why I am wondering if it makes sense to ask for rent reduction when I didnât get the full increase anyways
Please note my dilemma is also coming from the viewpoint of decency and unwritten rules. Landlord didnât push for increase the moment reference rates increased for first time even if they could. They did wait for second increase in reference rate. So not sure whatâs expected of me
This is why I was trying to find if there is some data which show the current moving average of mortgage rates because I guess thatâs what feeds the reference rates
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I have sent my letter without any calculation?
It should be straightforward, no? The law is pretty specific I thought.
Yes, most management companies have their own standard template for calculation that they will send anyway.
Letter sent this week, letâs wait for the answer
For any in ROMANDIE, the asloca calculater is fast: Calculateur de loyer | ASLOCA
Super way to put the letter out in a controlled way. It asks for all the info from your contract (bail) or in my case when your rent was last increased. Then the letter is generic on the % reduction your rent (without charges) should be. Mine was 3.06% based on a bail at 1.5% where the rent was increased when it passed to 1.75%.
Note: the reduction is only possible at the next cycle of your contract so sometimes only 1x per year with a delay of 3 months (donât wait)
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So. I tried to check the calculation other way around.
I mentioned my lease conditions from the beginning of agreement when reference rate was 1.25% (mid 2020) and asked the calculator how much rent increase is acceptable with current conditions.
The tool tells me that net increase of 8% is acceptable on account of following
- inflation (2.72%)
- Reference rate (3%)
- Other costs (2.38%)
This means my current increase of 5.25% is actually below the acceptable increase even if I ignore the other costs segment.
I think I should not request rent change or I might end up getting an increase
Do you agree ?
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But you said itâs on 1.75%⊠so this is the start date of the lease.
No the start was in July 2020 (ref -: 1.25%) & rent increased in April 2024 (red -: 1.75%) by 5.25%
Are you saying history doesnât matter ? Even if I was the tenant