Conister Bank has launched its new mortgage product, designed in direct response to the needs of local homebuyers.
It has listened to customers, heard their struggles, and are committed to providing another option to help them get on the property ladder.
For many aspiring homeowners, high deposit requirements and rigid lending criteria have made securing a mortgage increasingly difficult.
Conister Bank is changing that by offering a mortgage designed for local needs with a higher loan-to-value of up to 95%.
Local Mortgage
Conister Bank’s mortgage decisions are made right here in the Isle of Man, not in the UK or the Channel Islands.
The bank say this allows for quicker turnaround times and a more personal approach.
Unlike some, Conister provide 2, 3, and 5-year fixed-rate mortgages across 60%, 75%, 90%, and 95% LTV bands, ensuring a full range of options.
It is offering one free valuation and a fixed £499 setup fee, which compares very favourably to others.
Listened to Community
“At Conister Bank, we know how challenging it can be for many people in the Isle of Man to secure a mortgage, especially first-time buyers and those with smaller deposits,” said Douglas Grant, Managing Director at Conister Bank.
“We have listened to our community and built a set of mortgage products that provide more opportunities with greater flexibility for those who struggle to get a mortgage elsewhere.
Douglas Grant, Managing Director at Conister Bank.
“We have engaged a team of local experts to help our customers navigate what can be a tortuous process as painlessly as possible.
“To ease the pain further, in addition to our new mortgage product offering, we have the ability to provide a bridging loan to make it even easier for our customers to move to the houses of their dreams.”
If you would like to learn more about Conister Bank’s mortgage offerings, then visit www.conisterbank.co.im or email mortgages@conisterbank.co.im or call 01624 694694 and make an appointment.
9 Comments