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Jersey Property Market
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Jersey Property Market |
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Authors: | | Andrew Pim |
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Apr 2010 |
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| Synopsis: |
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The near systemic failure of the global retail banking system followed by the current recession has, inevitably, had a dampening effect upon the Jersey residential property market.
This effect has been felt most keenly by the first-time buyer. The absence of a formerly active local lender and the tightening of loan to property value ratios offered by mortgage providers, has left many purchasers struggling to qualify for a mortgage. Those who do will usually be required to contribute between 15%- 20% of the purchase price of their property. |
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| Practice Area: | | Property |
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| Jurisdiction: | | Jersey |
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| Download: |
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File size: 181 KB - Number of pages: 3 |
For more information download: Jersey Property Market.
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