Too high costs and stagnating business – that was the downfall of the financial service provider Moneypark. The great promise of providing mortgages at the best price turns out to be an illusion. If you are looking for a low-interest offer, you have to act yourself.
Financial service providers such as MoneyPark have stepped up to shake up the “Monopoly” in the Swiss financial and real estate market.
With over 150 providers, Moneypark promises the “largest selection” on the Swiss mortgage market. «Our customers save on average
30,000 francs for the entire term,” the mortgage broker advertises on its website. Increasing demand for mortgage loans in Switzerland and the low presence of brokers in this market so far promise a profitable business opportunity. In 2016, the insurance company Helvetia acquired a majority stake of 70% in Moneypark and paid the hefty price of CHF 107 million for it.
2023-09-09 19:50:34
#Mortgage #brokers #business #stalling
