If you are prepared to accept short-term interest deviations, then you will benefit from a mortgage interest rate with the BKB LIBOR mortgage, which is sometimes prominently below the long-term interest rates.
The interest rate of the BKB LIBOR mortgage is made up of the LIBOR base rate (London Interbank Offered Rate) and an individual margin and is adjusted quarterly or half-yearly. This gives you the chance to benefit quickly from falling interest rates. At the end of a tranche, there is the option of switching to another of the Basler Kantonalbank’s mortgage products.
The interest rate risk can be minimized in combination with longer-term BKB mortgage products.
Type of property
LIBOR plus individual margin, adjustment every 3 to 6 months
Indirectly through Savings 3 accounts
Not possible during the term
Your client advisor will provide you with information about all further conditions.
We are happy to check your mortgage inquiry and can make you a detailed offer. It is best to bring the Mortgaging Checklist with you to an initial meeting.