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Old 13.04.2009, 10:37
bmichaelb bmichaelb is offline
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Re: Swisskaution - the apartment deposit lenders thread

Here in Lugano we found that most agencies do NOT accept Swisscaution. They just want to rent out to someone for whom money is no object. The apartment we wanted required 3 months deposit plus 3 months rent upfront and a contract for 3 years and actually openly said this was because they don't like the risk of renting to foreigners (I am actually Swiss but have lived abroad). Also two other agencies said that of course they didn't accept SC.
Fortunately for us a better apartment became available from a private landlord who wanted only 1.5 months deposit and accepted Swisscaution.
As has been remarked on other threads here, not accepting SC is a way of selecting when there are anyway many clients. But for some it is also a matter of principle, the case I mentioned above being an apartment on the market for more than 6 months.