Competition ensures better interest rate conditions: The initial guideline offer for an extension is often not a good deal. Much better offers are often possible if you are willing to go to competitors and play the market. At UBS key4 mortgages you can obtain multiple offers at attractive conditions and with just a few clicks.
By obtaining and comparing multiple offers you will often find interest rate differences: non-negotiated guide offers are often 0.4 or 0.5 percent more expensive than the best offers on the market.
Taking a 10-year, fixed-interest mortgage for CHF 600,000 as an example, across the full term of the mortgage, you would save up to CHF 30,000 in interest payments.
Even if your mortgage only runs for a specific period, you’ll need to be proactive and cancel the agreement. If you don’t, the terms of contract will make it difficult or perhaps impossible to switch providers. You are therefore strongly advised to enter the end dates and notice periods in your diary well ahead of time.