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First time home buyers

Helping you take your first step on the property ladder

Are you buying a home for the first time?

First time buyer mortgages are for people who are new to the housing market.

Generally, you are considered a first time buyer if you’re buying a property you plan to live in as your main residence and you’ve never owned a property before.

Helping you every step of the way

Our mortgage team are here to guide you through the mortgage process and to answer your questions.

Zero product fee options

We offer mortgages with and without product fees to provide you with a range of options to suit your needs.

Mortgage calculator to set your budget

Our mortgage calculator gives you an idea of how much you could borrow and what your monthly mortgage payments could be.

Get started with our mortgage calculator

Use our mortgage calculator to see how much you could borrow, review our mortgage rates and get an idea of what your monthly payments could be.

For properties in the Isle of Man.

First time buyer questions

Mortgage help and support

Take advantage of our mortgage resources which are here to help you better understand the process, the terms, and our available products.

Get in touch with our mortgage team

There's a few ways of getting in touch with us. To start, we'll run through some quick questions to make sure that you get the local help you need.

Do you already have a mortgage with us?
Please tell us if you already have an Isle of Man Bank mortgage.
What can we help you with today?
Please tell us the nature of your mortgage query.

Applying for a mortgage

It's great that you are interested in applying for a mortgage with us. Please ensure you have the following information to hand...

  • 3 months bank statements for any personal or business current accounts you have with other financial institutions
  • 3 recent payslips
  • any existing mortgage statements
  • details of any rental income
  • any credit card or store card statements

Please ensure you have this information to hand before proceeding.

Speak to the mortgage team

Request a call back

Select the date and time you want us to call you, enter your contact details and our mortgage team will be in touch.

Arrange a call back


Call us

Speak to a member of our local mortgage team on:

01624 637676

Lines are open Monday to Friday 9am - 5pm (except bank holidays). Calls may be recorded.

Applying for additional mortgage borrowing

It's great that you are interested in applying for additional mortgage borrowing with us. The first step is to request a callback for a time that suits you.

Please have this information to hand when we call...

  • 3 months bank statements for any personal or business current accounts you have with other financial institutions
  • 3 recent payslips
  • any existing mortgage statements
  • details of any rental income
  • any credit card or store card statements

If you're self employed, a sole trader or a limited company director we'll also need to see:

  • 3 months business bank statements
  • 2 years audited accounts certified by an accountant and signed by you
  • latest 2 years personal tax assessments.


We may need additional information from you depending on your personal circumstances. We'll send you details of everything you need when your mortgage appointment is arranged.

Re-mortgaging with us

It's great that you are interested in re-mortgaging with us. The first step is to request a callback for a time that suits you.

Please have this information to hand when we call...

  • 3 months bank statements for any personal or business current accounts you have with other financial institutions
  • 3 recent payslips
  • any existing mortgage statements
  • details of any rental income
  • any credit card or store card statements

If you're self employed, a sole trader or a limited company director we'll also need to see:

  • 3 months business bank statements
  • 2 years audited accounts certified by an accountant and signed by you
  • latest 2 years personal tax assessments.


We may need additional information from you depending on your personal circumstances. We'll send you details of everything you need when your mortgage appointment is arranged.

Requesting a mortgage document or redemption quote

You can now use our simple online form to request a mortgage statement, tax certificate or redemption quotation.
 

Request a mortgage statement or tax certificate
 

Request a mortgage redemption quote

Discuss an existing mortgage with us

The first step is to request a callback for a time that suits you. Please have your existing mortgage details to hand when we call.

What can we help you with today?
Please tell us the nature of your mortgage query.

Applying for a mortgage

It's great that you are interested in applying for a mortgage with us. Please ensure you have the following information to hand...

  • 3 months bank statements for any personal or business current accounts you have with other financial institutions
  • 3 recent payslips
  • any existing mortgage statements
  • details of any rental income
  • any credit card or store card statements

Please ensure you have this information to hand before proceeding.

Speak to the mortgage team

Request a call back

Select the date and time you want us to call you, enter your contact details and our mortgage team will be in touch.

Arrange a call back


Call us

Speak to a member of our local mortgage team on:

01624 637676

Lines are open Monday to Friday 9am - 5pm (except bank holidays). Calls may be recorded.

Find out how much you could borrow

It's great that you are interested in applying for a mortgage with us. We appreciate that it's important to understand how much you could borrow before you start viewing properties.
 

Our mortgage calculator

Use our mortgage calculator to see how much you could borrow, review our mortgage rates and get an idea of what your monthly payments could be.

Use our mortgage calculator

 

Alternatively, our mortgage team can provide you with an illustration based on your income, outgoings and the value of the property you're considering.

Please ensure you have the following information to hand...

Please confirm you have this information to hand before proceeding.

Speak to the mortgage team

Request a call back

Select the date and time you want us to call you, enter your contact details and our mortgage team will be in touch.

Arrange a call back


Call us

Speak to a member of our local mortgage team on:

01624 637676

Lines are open Monday to Friday 9am - 5pm (except bank holidays). Calls may be recorded.