View Single Post
  #11  
Old 03.01.2020, 11:22
catandmouse catandmouse is offline
Forum Veteran
 
Join Date: Nov 2011
Location: Mies
Posts: 961
Groaned at 14 Times in 10 Posts
Thanked 721 Times in 408 Posts
catandmouse has earned the respect of manycatandmouse has earned the respect of manycatandmouse has earned the respect of many
Re: Can I take out a mortgage in Switzerland for a property abroad?

Some years I enquired about mortgage loans for a frontalier property. Our bank explained this would be done through a French bank and both would be taking their cut on the loan, to cover their respective risk.
The advantage of taking the loan on the Swiss bank is the low interest rate, but there was a premium to cover the currency risk.
In other words it can be done, but each bank will decide whether it wants to take this on and how it will deal with it.
Reply With Quote