Need to adjust the reference interest rate? Contact us as a tenant with any queries via our tenant portal myLivit.
Frequently asked questions
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This is based on the rental agreement and the contractually agreed notice periods and dates. An adjustment will take effect on the next regular termination date in compliance with the contractually agreed notice period.
Switzerland’s Federal Office for Housing publishes its reference interest rate quarterly, every 1 March, 1 June, 1 September and 1 December.
Tenants submit their concerns via the myLivit tenant portal. The request signed by hand by all tenants must be uploaded as a scan or photo.
No. If tenants have an indexed rental agreement, they can only refer to the rental price index and not to the reference interest rate.
Yes. All persons who have signed the rental agreement must also sign the reduction request.
An adjustment can only be made based on a change in the reference interest rate if the interest rate of the tenancy agreement or the latest rent adjustment is lower than the currently applicable rate. An adjustment can be made for inflation or cost increases irrespective of the reference interest rate.
Inflation is determined using the National Consumer Price Index. The starting point is the index indicated in the tenancy agreement or as known at the time of the last rent adjustment. This is then compared to the new index.
In the event of an increase, we will inform you by post about the rent adjustment. You will receive the new payment details in good time before the increase becomes valid.
Cost increases include any increases to costs for the operation, maintenance and management of the rental property. In practice, flat rates are used.
No, it can vary due to the basis for calculation.