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Old 05.07.2012, 18:47
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Discrepancy in rent reduction re: interest rates

As many people know, the interest rates went down to 2.5% last year, which entitled many people to a rent reduction. We sent in a letter to our agent and were granted a small reduction. Recently, we learned that the rate had gone down again to 2.25%, which entitled many people to a further reduction.

Now, the letter we just got back from our new request has raised the rent. There is nothing on the paper to indicate why this is the case. It just shows a new higher rate from the 1st of October rather than the lower one from the 1st of October based on the 2.5%. I'm going to follow this one up with the Mieterverband and then the agency but hoped I'd get some helpful feedback here. Thank you!
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Old 09.07.2012, 17:34
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Re: Discrepancy in rent reduction re: interest rates

Thought I'd post an update in case anyone else has a similar problem. It turns out there was a computer error and the rent will indeed be reduced a second time.

It's also another reason to join the local Mieterverband as we find out about things like an interest rate reduction through them. =)
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Old 09.07.2012, 18:20
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Re: Discrepancy in rent reduction re: interest rates

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[...] It turns out there was a computer error [...]
Famous last word!
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Old 10.07.2012, 11:55
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Re: Discrepancy in rent reduction re: interest rates

Mieterverband is the way to go for sure for advice on all landlord/tenant matters. The Swiss rental law is very formal in its approach and although quite tenant friendly you do need to take advice and follow the normal process as early as possible.
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