Mortgages and Property

Switzerland

Swiss Mortgages for purchasing a property in Switzerland - rates from approx 2.50% in Swiss Francs

Includes Swiss residential property.

If you are considering purchasing a property in Switzerland, Swiss Mortgages are available for the majority of Nationalities for either House Purchase or re-financing for Home Improvements (other purposes on a case by case basis).

Types of Swiss Mortgage: Repayment only (although 5 year Interest only Reviewable Mortgages also considered)

Minimum: £ 150,000, No Maximum (minimum Purchase Price of approx CHF450,000), but must not exceed 80% of valuation or purchase price - whichever is the lower.

Proof of Income: required in all cases (can be made up of Earned Income, Pension, Investment or Rental Income. Please note however, it is not always the case that the Lender will take all or part of these Incomes into account when determining the maximum loan available). Non-Status loans are currently not available.

Term: Maximum 35 years for loans up to 60% and maximum 30 years for loans up to 80% - up to age 70

Currency: Swiss Francs only

Current Variable Interest Rate in Swiss Francs: from 2.50%

Example Swiss Mortgage: Repayment Mortgage of approx CHF456,000 over a period of 20 years at an interest rate of approx 2.50% in Swiss Francs = approx CHF2,439.60 capital and interest per month = a total approx amount payable over term of CHF590,064 including capital, interest, arrangement and survey fees"