Repaid over a maximum of 30 years, depending on age of applicant
Sole applicants are eligible to apply for 3 times their annual salary. Joint applicants are eligible to apply for 3 times the annual salary of the higher earner and 1 times the annual salary of the second applicant.
Offers finance for new home project builds, covering payments for materials, labour and transport. Total funding is dependent on applicant net income and the ability to afford the calculated repayments.
Small to medium loans offered to customers who need funding to refurbish their homes.
Allows customers to purchase a ready-built home. The Bank can only lend up to 85% of the value of the security.
Provides the opportunity for home owners to borrow funds secured on their homes for purposes such as Travel.
Suitable for customers who have completed their house and wish to build an extension.
Allows customers to purchase land on which to build. If the land is being utilised as security the Bank can only lend up to 85% of its value.
If a valuation of land or a building is necessary, a fee will be payable by the borrower.
Download our Loan Calculator to check the affordability of your mortgage. This will help you estimate your monthly repayment. For further details of loan calculations and repayment options, please contact our Lending team using the contact information provided below.
| Application Processing Fee* | £10 |
| Administration Fee, up to £30,000 | £40 |
| Administration Fee, £30,001 - £50,000 | £60 |
| Administration Fee, £50,001 - £75,000 | £80 |
| Administration Fee over £75,001 | £150 |
| Cancellation Fee | £10 |
*To be paid on submission of application
Customers making an application must be a Bank of St Helena account holder. What is needed:
Upon receiving an application, our Lending team will ensure that all the necessary documents are present and that the application form is completed in full.
Need help completing your loan application form? Please contact the Bank’s Lending team using the contact information provided below.
Personal loan processing can take between 2 – 3 weeks (10 – 15 working days)