Securing a Jersey mortgage

Securing a mortgage and purchasing your dream home is a major financial decision. Ogier's Property team is here to help you get straight to the point with your mortgage agreement.

When it comes to residential mortgages in Jersey, having a clear understanding of your obligations and risks is essential. As part of our services for buyers, we go through your mortgage agreement with you in fine detail. We’ll ensure that you’re well prepared and well informed every step of the way.

If you’re looking for a mortgage provider, here are our top tips:

• explore all options – speak to banks that offer local mortgage products, mortgage brokers, as well as friends and family with recent experience of securing a mortgage on the island. The mortgage products in Jersey change frequently with terms, rates and details updated regularly
• compare products – each provider will have a range of mortgage products available. However, which products are suitable for your needs will depend on various factors, including the deposit amount, loan to value, fee or no-fee options, fixed or variable rates and capital or interest only repayments. Collate as much information as possible for a concise comparison. This is where using a broker can be useful
• understand your borrowing capacity – this will differ depending on the product you choose. Each provider has a different set of criteria to approve lending against so, getting to grips with this early on will ensure you set your sights on a property within your budget  
• consult legal services early – speak to a Jersey property lawyer early on for legal and financial considerations. Our team at Ogier is dedicated to ensuring that you receive comprehensive advice, helping you approach estate agents and navigate the property market with confidence

Ready to make your move? Learn more about our services for buyers.