The Bausparkassen Test 2015 of the Stiftung Warentest reveals over long stretches large lack of advice from the providers. Although the requirements of the test customers were simple, only a few building societies were able to make an appropriate offer for mortgage lending. Partly Bauspar contracts have been advertised, the payment of which is far below the date requested by the customer. The real estate acquisition can be delayed by this sensitive. Some offers were too expensive or incomprehensible. In addition, funding opportunities were not always addressed. These and other errors in the advice can lead to Bauspar with the wrong contract to pay several thousand euros too much, so the result of the Stiftung Warentest.
Building Societies Test 2015: Three good providers – four poor
receive a “good” quality rating from the experts of Stiftung Warentest. However, the vast majority of verified providers are only “satisfactory”. Four building societies fall with a “poor” rating even through the test. This is especially bitter for Deutsche Bank Bauspar. Not only was it the only institute to achieve a very good result in the category ‘customer information’, it was also one of the best building societies in 2013. In the 2015 test, however, it is only enough for a place in the last third. The providers LBS West, Aachener and LBS Rheinland-Pfalz also land there.
So the consumer advocates tested the building societies in 2015
Stiftung Warentest has tested the 20 providers in total with regard to four criteria. In addition to the ‘ customer information ‘, in which it was checked whether all the important information about the offer were explained, the ‘ collection of customer data ‘ was also included in the overall result. Only if, for example, the desired savings rate and income were queried, was it also possible to obtain a suitable offer. The ‘ concomitant circumstances ‘ – such as a problem-free appointment – accounted for a small part of the assessment. The ‘ quality of supply’ criterion was the most important. Only the three best-placed building societies in the 2015 test and the LBS Hessen-Thüringen were able to convince.
Important tips for future home loan savers
To ensure that future home loan savers do not blindly rely on an offer and, if necessary, get into a bad home savings contract, a precise preparation and follow-up will help with the consultation. According to Stiftung Warentest, for example, a detailed savings and repayment plan should be drawn up during the call. It shows, among other things, when the loan is being disbursed and how high the repayment installment is to pay off the loan. After the consultation, it is necessary to check the information. For example, does the payout roughly coincide with the desired date? In addition, it is advisable to not only rely on an offer but also inquire with other building societies.
Editor’s tip: Great savings through comparison of offers
Future homeowners should never give up on a personal settlement in mortgage lending. For example, the latest mortgage lending test by Stiftung Warentest has shown that savings of more than € 50,000 are possible with a comparison.
Despite poor results in the test 2015: Bauspar contract makes sense in general
Although the Bausparkassen Test 2015 is extremely unpleasant for some providers, the Stiftung Warentest holds in its conclusion that “a Bauspar contract makes sense “, if interested “medium to long-term to build a property, buy or modernize and hedge against rising interest rates. “For this purpose, however, the offer must be tailored to the goals of the home loan saver. Exactly what does not reach however the consultation with many offerers. Anyone who wants to build or buy a property in the next few years with the help of a home savings contract should cautiously deal with the offers of the financial institutions and, if necessary, check them together with an expert.