Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Thread Tools Display Modes
Old 20.03.2017, 17:35
Join Date: Oct 2014
Location: Nyon
Posts: 241
Groaned at 4 Times in 3 Posts
Thanked 129 Times in 75 Posts
bowlie has earned some respectbowlie has earned some respect
Mortgage broker or DYI

Our mortgage is coming up for renewal in a few months. It's been at a fixed rate for last 10 years so we are looking forward to improving on the interest rate.

Comaris.ch just sends you to a broker and I see others feel that you might get a better deal by going that route.

Seems to me that their is going to be a cost using a broker - either a cash payment, or the cost of a broker's commission.

Can they really swing a better deal than a long term bank customer can? We'd prefer to stay where we are and with a fairly long term fixed rate.

Thanks for your views!
Reply With Quote
Old 20.03.2017, 17:54
Forum Veteran
Join Date: Feb 2012
Location: ZH
Posts: 1,288
Groaned at 53 Times in 43 Posts
Thanked 974 Times in 578 Posts
ivank has earned the respect of manyivank has earned the respect of manyivank has earned the respect of many
Re: Mortgage broker or DYI

Brokers normally charge the banks, eating into their already rather fat margins. But double check to be sure that there's no strings attached if you don't take their offer. I don't think you can save much by going to the banks directly - the banks will be happy to charge you same rate and save their margin
Reply With Quote
Old 20.03.2017, 18:04
AbFab's Avatar
Forum Legend
Join Date: Sep 2006
Location: Zürich
Posts: 6,635
Groaned at 307 Times in 204 Posts
Thanked 8,309 Times in 2,970 Posts
AbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond reputeAbFab has a reputation beyond repute
Re: Mortgage broker or DYI

What I did was tell my lender (ZKB) that they were way too expensive in the current market and that unless they could substantially improve their offer I'd go elsewhere. They did improve it...
Reply With Quote
This user would like to thank AbFab for this useful post:

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mortgage broker suggestion - buying non-primary property in France saiya-jin Finance/banking/taxation 1 19.09.2015 20:40
Mortgage broker recommendation in the UK joannehorgen Finance/banking/taxation 3 09.07.2013 12:57
English speaking mortgage broker or financial advisor in Bern area? beccaroo73 Housing in general 7 19.06.2012 11:16
Can you recommend a UK Mortgage Broker? ipoddle Finance/banking/taxation 3 09.09.2009 20:32
Insurance broker or advisor Beano Insurance 2 07.10.2007 10:50

All times are GMT +2. The time now is 04:16.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2017, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0