In Switzerland, when you want to rent a housing, you need to conclude a rent guarantee. This rent guarantee is there to protect the owner in case of damage or non-payment of the rent.
To conclude a rent guarantee you can opt for a deposit in a bank account or choose a third party as a guarantor. The third party could be someone of your family, a friend or an insurance company.
For a housing, a rent guarantee is generally an amount that represents three months of rent. For example, if your rent is 1,400.- CHF, the rent guarantee will be 4,200.- CHF.
It's an important amount of money. If it's difficult for you to collect an important sum of money, you can find a guarantor. If you want to obtain a rent guarantee with a third party, the easiest way to obtain this is to ask an insurance company.
The first advantage with an insurance company is that you don't have to block money in a bank account. When a rent guarantee is deposited in a bank account, the money is not available until the total duration of the lease contract.
With an insurance company, the rent guarantee is paid with an annual premium. This premium is at maximum 5% of the total rent guarantee asked by the lessor. The best offer in the Swiss market is actually a premium of 3.6% of the total rent guarantee.
And if it's difficult for you to have the total amount of the rent guarantee in cash, asking an insurance company to be your guarantor is a good solution to have access to the rental of a housing.
If your are interested, you can fill our form. One of our advisers will contact you to propose a free non-binding offer for your rent guarantee. We are able to propose the best offer in rent guarantee market in Switzerland!Online request
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