May 2017

The level of activity in the local housing market hasn’t fallen away except for the normal and expected reduction due to school and Easter holidays, with things expected to pick up again by late April.

MORTGAGES IN JERSEY. Just look at that 2 year fixed rate of 1.14% ! £250,000 over a 30 year term will cost just £820 a month to repay, although do remember that you will need a deposit of 40% or £166,000 .  Whilst this exceptionally low rate won’t be accessible to everybody, especially First Time Buyers, it is ideally suited to homemovers, or more particularly existing borrowers who are coming off much higher fixed rates of interest and are shopping around for the best deal.

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To view the current interest rates please refer to the monthly bulletin by clicking here.