Call us on 694 694
Miles Pettit - Noa Bakehouse
Setting up a new business is hard but Conister backed me right from the start
from £50,000 to £500,000
Conister Bank has recognised an opportunity within the local residential property market for a lending facility aimed at accelerating the house buying process. Our Isle of Man Bridging loan has been tailored to enable the local property market to continue moving forward.
What is a Bridging Loan?
A Bridging Loan is an interest-only facility used as a short-term solution between the transaction of selling one property and buying another. A Bridging Loan, for example, can be used if you wish to buy your new property ahead of the pending sale of your existing property.
The Bridging Loan is used primarily for property related purposes and can be secured against most residential properties in the Isle of Man (subject to valuation). Funds raised from bridging finance can be used for a variety of purposes, provided it is agreed with the lender from the outset.
Tailored to enable the local property market to continue moving forward and help both buyers and sellers to accelerate the house buying process, the Isle of Man Bridging Loan has proven a great addition to the local house buying process. Since its introduction, the Bridging Loan facility has helped a wide range of customers, from professionals seeking to upsize their property, growing families in need of more space, and retirees and ‘empty nesters’ looking to downsize.
If a Bridging Loan is something that could be useful to you and could make your dream house become a reality, then get in touch with us at Conister Bank on 694694 and we can talk you through the process.
It’s that simple!
How we decide...
Conister Bridging Loans are designed with our customers in mind.
Our lending decisions are made in the Isle of Man so we are able to deliver fast decisions based upon your personal circumstances. We won't leave you on hold in a call center!
Calls are open: Mon-Fri: 9am-5pm
Come and talk to our team in branch at:
Conister Bank Limited, Clarendon House, Victoria Street, Douglas, Isle of Man, IM1 2LN
We are open Mon to Thurs 9am - 5:30pm, Fri 9am - 5pm