Guernsey 5 Year Fixed Rate Mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage
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Mortgage information
For a limited time, this mortgage is available Fee Free.
The minimum loan size is £100,000 and the maximum loan to any individual, together with connected persons is £3 million.
No early repayment charges following the end of the fixed period.
Following the fixed rate period outlined above the interest rate will revert to Skipton International Channel Island residential follow on rate. Our Guernsey mortgage products are portable and if you move house can be applied to your new property (subject to it meeting our criteria). Where the new borrowing is lower than current, a pro-rata early repayment charge will apply.
Interest is calculated on a daily basis and monthly payments must be made in arrears by direct debit on the first working day of each month. As with all mortgages, if the mortgage is repaid after the end of the fixed rate period, interest to the date of redemption will be payable.
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Interest in Advance
The interest Skipton charges for each month will be calculated and charged daily on a sum equal to the Loan on the day the Loan is advanced to the Borrower in the first month and, for each month thereafter, on a sum equal to the Loan on the last day of the previous month and will be debited to the Borrower’s Loan in advance on the day the Loan is advanced to the Borrower in the first month and on the first day of each month thereafter.
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Fixed rates
On fixed rate mortgages, lump sum payments of up to 10% may be made early without charge each year. For the purposes of this calculation, a year is defined as starting on the commencement of the loan and on the anniversary thereafter; the amount is up to 10% of the balance outstanding on that date. This facility cannot be rolled over into subsequent years if the facility is not used in any one year.
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Product fees
Product fees are non-refundable and must be paid on application. Our mortgage products can be withdrawn at very short notice.
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Guernsey Residential Mortgage RatesCurrent mortgage rates for Guernsey residential propertiesPDF - 243KB -
Guernsey Mortgage GuideSkipton Guernsey mortgage guide experts guide you through every step of your mortgage process from the initial enquiry all the way through to the property purchase.PDF - 1,329KB
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Guernsey Application FeesFees associated with applying for a Guernsey mortgagePDF - 108KB
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Guernsey Valuation Fee ScaleThe valuation fee payable is calculated from the fee scale on the basis of the applicant’s estimate of the property valuePDF - 164KB
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Help and FAQsFAQs, guides and articles for new and existing mortgage customers.Visit Help -
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Residential RatesView all of our current Guernsey residential mortgage rates hereGuernsey Residential Mortgage Rates
