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 Property in Switzerland - Includes Swiss residential property.
Property in switzerland - Mortgages available for the majority of Nationalities for either House Purchase or re-financing for Home Improvements (other purposes on a case by case basis).
Property in Switzerland - Type of Loan: Repayment Mortgage only (although 5 year Interest only Reviewable Mortgages also considered)
Property in Switzerland - Minimum: £ 150,000, No Maximum (minimum Purchase Price of approx £500,000), but must not exceed 80% of valuation or purchase price - whichever is the lower. Please note, that an applicant(s) must have at least £500,000 in "Free Assets" available, after all existing liabilities.
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 20 years for loans up to 80% - up to age 70
Currency: Swiss Francs only
Property in Switzerland - Current Variable Interest Rate in Swiss Francs: from 2.25% (loans over 60% are charged at a slightly higher rate - details on request)
Example: Repayment Mortgage of approx CHF460,000 over a period of 20 years at an interest rate of approx 2.25% in Swiss Francs = approx CHF2,405.80 capital and interest per month = a total approx amount payable over term of CHF581,992 including capital, interest, arrangement and survey fees" - CLICK HERE - for an enquiry form for property in switzerland
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