Conister Bank Expands Its Offerings with a New Mortgage Product for Isle of Man Homebuyers
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Conister Bank Expands Its Offerings with a New Mortgage Product for Isle of Man Homebuyers
Supporting Homeownership with Greater Accessibility and More Options
At Conister Bank, we have been serving the Isle of Man community for 90 years, providing financial solutions that empower individuals, families, and businesses. As part of our continued commitment to supporting local homebuyers, we are thrilled to introduce our new mortgage product, designed to make homeownership more accessible and better suited to real customer needs.
For many aspiring homeowners, high deposit requirements, rigid lending criteria, and long decision-making processes have created barriers to securing a mortgage. We’ve listened to our customers and responded with a solution built to meet their needs, putting local homebuyers first.
Key Features of Conister Bank’s New Mortgage Offering
🔹 Up to 95% Loan-to-Value (LTV) – One of the highest available on the Isle of Man, helping first-time buyers and those with smaller deposits take the next step toward homeownership.
🔹 Locally Managed Decisions – Our mortgage approvals are made right here in the Isle of Man, ensuring a faster, more personal process compared to off-island lenders.
🔹 Support for Self-Employed & Non-Traditional Borrowers – We understand that not everyone fits into a standard lending model. Our mortgage options cater to self-employed individuals, those with complex income structures, and borrowers up to age 75.
🔹 Fixed-Rate Options for Stability – We offer 2, 3, and 5-year fixed-rate mortgages across multiple LTV bands, providing certainty in an ever-changing market.
🔹 Lower Upfront Costs – To make homeownership more accessible, we offer one free valuation and a fixed £499 setup fee, ensuring transparency and affordability.
A Personal Approach to Lending
“At Conister Bank, we recognise the challenges faced by homebuyers, particularly those struggling with deposit requirements or rigid lending rules,” said Douglas Grant, Managing Director at Conister Bank.
“We have built a mortgage offering that provides more opportunities, greater choice, and a local support system to guide homebuyers through the process. In addition to our mortgage product, we also offer bridging loan solutions to help customers transition smoothly into their next home.”
As an independent bank deeply rooted in the Isle of Man, we take a personal, case-by-case approach to lending, ensuring that more people can access the financing they need to achieve their homeownership goals.
Get in Touch
If you’re considering buying a home or want to explore your mortgage options, we’re here to help. Get In touch with Nicola Chatel who is our Mortgage Manager.
📍 Visit us: Clarendon House, Victoria Street, Douglas
📞 Call us: 01624 694694
📧 Email us: mortgages@conisterbank.co.im
🌍 Learn more: Here
At Conister Bank, we remain dedicated to supporting the Isle of Man community with innovative financial solutions that make a real impact.
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