Building loan

You can take out a building loan to finance the construction or renovation of a property. It is granted in the form of a credit limit on your current account, which you will draw down as the work progresses.

Highlights

The account is debited as the work progresses. Interest is only charged on the funds that have been drawn down.
The construction loan includes a first and second mortgage. One interest rate is applied.

Rates and conditions

The account is debited upon submission of invoices signed by the project owner and the architect.
Once the work is finished, the loan is converted into a fixed-rate, variable-rate or Multifix mortgage loan.

	Details
Minimum amount	None
Maximum amount	Multifamily residential properties: max. of 80% of the property's value Other properties: between 50% and 70% of the property's value
Term	The entire construction phase
Interest rate	Customized
Commission	0.25% on the highest debit balance over the quarter
Principal repayment	None
Use of the loan	During the construction period You will draw on your loan as the work progresses, upon submission of invoices for work completed. You will be charged interest only on the funds actually used to pay those expenses.

Credit Fee Schedule (157.5 kB)

Learn more

Visit us

Come to one of
our branch offices

Find your nearest branch

Call us

We’re available Monday to Friday,
from 8:00 am to 6:00 pm

0844 228 228

Write to us

We'll get back to you
within one working day

Request information

How it works

Converting a building loan into a mortgage loan

Related services

Building Plus loan

This fixed-rate loan enables you to finance the construction of a property. You can keep careful track of your financial expenses throughout the construction phase and beyond.

Property account

This accounts lets you easily manage all the transactions related to your real-estate properties.

Fixed-rate mortgage loan

With a fixed-rate loan, you can keep careful track of your financial expenses.

BCV Multifix mortgage loan

This loan is made up of several fixed-term tranches that can be tailored to your situation. It combines the advantages of short-term rates with the stability of long-term rates.

Please read our website and email Terms and Conditions before using our website or contacting us by email.
Other legal information
© 2002-2020 Banque Cantonale Vaudoise, all rights reserved.

Siège et adresse postale

Agence BCV
Place Saint-François 14
1001 Lausanne

BCV
Case postale 300
1001 Lausanne

Agences et bancomats

See all our branch offices

Appelez-nous

We are available Monday to Friday from 8:00am to 18:00pm.

0844 228 228

Autres moyens de contact

Vous disposez de nombreux autres moyens de contact

Find the nearest branch office

Select a branch office on the map or enter a postal code to find the closest branch:

Have a question? Browse our FAQ.

If your card has been lost or stolen, you can block it using the following hotlines:

- Mastercard or Visa credit card: +41 (0)58 958 83 83
- Maestro card:
   - If you're calling from Switzerland (Mon-Fri 7:30am to 7:30pm): 0844 228 228
   - If you're calling from outside Switzerland (Mon-Fri 7:30am to 7:30pm): +41 (0)21 212 10 00
   - Outside of the above hours, from both Switzerland and other countries: +41 (0)44 271 22 30

If your BCV-net access has been blocked
After three incorrect password or access code attempts the system automatically blocks the account. Should this occur, please contact our helpline on 0844 228 228 or +41 (0)21 212 10 00, Mon-Fri 7:30am to 7:30pm.
What's my IBAN?
Your IBAN (International Bank Account Number) is a 21-position number that can be found on your Maestro card, as well on your account statements. You can also find it in BCV-net, when you click on the account you wish to know the IBAN for (at the bottom of the screen) or you can use our IBAN converter.

Previous news

Banknote exchange rates

Currency	Buy	Sell
Euro (EUR)	1.0405	1.1005
Pound Sterling (GBP)	1.1080	1.2580
US Dollar (USD)	0.9090	0.9885
Canadian Dollar (CAD)	0.6540	0.7390
Japanese Yen (JPY)	0.008390	0.009340

See all currencies

Converter

For information purposes only; these exchange rates are subject to change at any time.