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New mortgage rules

Tuesday, 27 May 2025 06:30

Getting a mortgage in Switzerland is going to get more difficult.

New rules have been set down by the Swiss Financial Supervisory Authority as they believe many banks have had criteria that’s too lax. 

It's likely potential purchasers will have to put down more as a deposit and clear the debt quicker – meaning pay more every month. The debt should be down by at least two thirds in 15 years. 

In addition, the repayments should not exceed one third of gross annual income – based on interest rates of 5% - that’s to allow for a buffer in case rates rise. 

The new rules mean that some attractive offers that have been available, will likely disappear. 

 

 

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