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No larger rents – the reference rate of interest stays unchanged

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No larger rents – the reference rate of interest stays unchanged

The housing market

No larger rents – the reference rate of interest stays unchanged

Employers can at the least breathe straightforward. Housing won’t (but) turn into dearer within the subsequent few months. The reference mortgage rate of interest stays at 1.75%, because the Federal Housing Office introduced on Monday.

The reference rate of interest stays on the identical degree.

Photo: Manuela Jans-Koch

The reference rate of interest influences rental costs all through Switzerland. It is calculated quarterly primarily based on common mortgage rates of interest. The common rate of interest decided as of March 31, which is rounded to 1 / 4 of a share level, stays at 1.72 p.c.

For tenants, this implies they do not must worry any hire will increase simply but. This comes after the benchmark rate of interest was raised twice final yr: first from 1.25 to 1.5% in June, after which in December to 1.75%.

Each quarter of a share level improve entitles landlords to a 3 p.c hire improve. Due to inflation, they might add extra charges. And “modifications in upkeep and working prices” also can make rents dearer.

Since the rate of interest has not modified, tenants haven’t any proper to a hire discount. However, landlords can’t increase taxes with out giving causes. (nick/nickname)

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