Your first steps towards homeownership
Eventually, we all dream of moving from tenant to homeowner. But how can you determine whether you are eligible for a mortgage? For what type of property? With what equity? And under what conditions? This issue of Mortgage Experts addresses all these questions that you will need to resolve before proceeding further with your property dream. You will gain a clearer understanding of the criteria used by lending institutions and be better equipped to build a strong mortgage application. This episode also discusses the various costs inherent in the purchase, notary fees, land registry and transfer fees, all of which must be added to the property’s purchase price.
Off-plan purchases: why and how?
It is not widely known, but buying a property within a construction project now represents the majority of real-estate transactions in French-speaking Switzerland. This type of acquisition is unique: the buyer commits to a home that does not yet exist and must navigate numerous specific, and often technical, provisions. In this episode of Mortgage Experts, Livio and Oscar clearly explain the different types of sales contracts, while outlining the advantages and disadvantages for future owners. What are the associated costs? What are the tax implications? Whether you are considering a new-build individual property or an apartment within a PPE, this episode will provide you with the clarity you need.
Financing through the 2nd pillar
It is not always easy to accumulate the 20% equity typically required from personal savings. Fortunately, it is possible to withdraw part of your occupational pension fund to cover the necessary amount. However, depending on your age and financial circumstances, the conditions and available options may vary. In this episode dedicated to real estate financing, our experts will help you navigate the world of mortgages, a field whose technical jargon and rules can sometimes overwhelm aspiring homeowners.
