Jersey Base Rate Tracker Mortgage
Your home may be repossessed if you do not keep up repayments on your mortgage
-
Mortgage information
This mortgage guarantees to track the Bank of England base rate for 3 years (with a minimum base rate floor of 3.00%).
Application fee of £1,499 for purchased properties and remortgages. Includes cost of valuation.
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 tracker period the interest rate will revert to Skipton International Channel Island residential follow on rate (6.49%).
Our Jersey mortgage products are portable and if you move house can be applied to your new property (subject to it meeting our criteria).
-
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.
-
Product fees
Product fees are non-refundable and must be paid on application. Our mortgage products can be withdrawn at very short notice.
all the way through to the property purchase.
-
Jersey Residential RatesCurrent mortgage rates for Jersey residential propertiesPDF - 255KB -
Jersey Application FeeFees associated with applying for a Jersey mortgagePDF - 115KB
-
Jersey Valuation Fee ScaleThe valuation fee payable is calculated from the fee scale on the basis of the applicant’s estimate of the property valuePDF - 159KB
-
Help and FAQsFAQs, guides and articles for new and existing mortgage customersVisit Help -
Contact usGet in touch -
Residential RatesView all of our current Jersey residential mortgage rates here.Jersey Residential Rates
