| Bond fee | £ | 0 |
|---|---|---|
| Stamp duty | £ | 0 |
| Advocate fee | £ | 0 |
| Registration fee | £ | 0 |
| Total Fees | £ | 0 |
| Monthly payment | £ | 0 |
To be used for indication purposes only - Your advocate will advise you of exact costings
| Standard Variable Rate Up To 90% Loan To Value | 4.99% |
|---|---|
| Standard Variable Rate Up To 75% Loan To Value | 3.5% |
| 2 Year Fixed Rate Up To 85% Loan To Value | 3.89% |
| 2 Year Fixed Rate Up To 70% Loan To Value | 3.49% |
| FIRST TIME BUYER 100% LOAN TO VALUE 2 YEAR FIXED RATE | 5.79% |
| 5 Year Fixed Rate Up To 90% Loan To Value | 5.79% |
| 5 Year Fixed Rate Up To 70% Loan To Value | 4.49% |
Mortgages
Most lenders can make an advance of up to five times the applicants salary and in certain cases bonuses can also be considered. If a couple is buying, the loan will be in joint names and normally the amount would be based on five times the couple's joint salary. To find out how much you can borrow click here (You will be taken to a SECURE server at Facility Finance where a qualified mortgage professional will contact you via your chosen method).
The term of the loan is usually between 5 and 35 years with 25 years being the most usual. You must be over 18 and some lenders may apply a maximum age limit.
Most banks will require the mortgage to be repayed before you reach retirement age. The bank will require a bond over the property for the full amount borrowed, see the calculator to get an idea of the cost of this.
For your convenience, see the online Guernsey mortgage calculator which provides an indication of fees and monthly payments. The list of Guernsey Estate Agents and Guernsey Conveyancing Lawyers is constantly updated.
