First-Time Mortgages made simple.
Stepping into your dream home shouldn't feel like a giant leap. We're here to guide you through, one easy step at a time.
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Our first time buyers are now happy homeowners. Check out their journey from application to getting the keys.
Just want to say a huge thank you to Conor and all the team at Oracle. This was the second time using them to advise and guide us with a mortgage and both times they have been FANTASTIC. We didn’t have the smoothest run with our buying and selling properties but Oracle advised us all the way along and were always happy to listen, help and ensure we got the best deal possible. Thank you so much! ๏ฟฝ
Kat
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Fantastic service from Jay on our house insurance, saved us money from our previous provider and very efficient and friendly service. Highly recommended.
Julie
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Lorna, thank you for all your help with our mortgage and loan so we could get our property. We are so thankful and will never forget all the help, advice and excellent level of service you provided.
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Oracle got a significantly cheaper quote for us! Highly recommended.
Hannah C
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I was eager to get my new boat insured and on the water as soon as possible to make the most of the hot weather! Darren worked super hard to make this happen. He liaised with the underwriter to generate a bespoke cover within the day!ย Great service.
Kevin
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Up to 100 mortgages to choose from
Find your perfect match with our wide range of reputable Guernsey lenders. We'll help find the right lender for you, and will be there every step of the way.
Guernsey's best mortgage rates
Perfect for getting you on the property ladder. That'll be Oracle.
Last updated: 3 February 2025
How close is your new home?
Our mortgage calculator can give you an idea of how much you can borrow. Just pop in the details, and we'll do the rest. Piece of cake.
Approval in 3 simple steps
Completing your application is a simple 3 step process. We are on hand at any point to explain things as well as answer any questions you may have.
Your new home might be closer than you think.
Want to know exactly what you can borrow, or how much your monthly mortgage repayments will be? Book a quick chat to find out here:
Chat with usOr call 01481 727347. Itโll only take a sec.
Have questions? Oracle has the answers.
Mortgages can feel quite mysterious, especially for first-time buyers. We're here to empower you and keep you in the know, so please do get in touch with any queries. We'll be happy to help!
Do I get a better deal if I go direct to the bank?
No, brokers offer the same rates as banks. Using a broker gives you access to the same deals directly from lenders.
Why should I use a broker instead of going direct to my bank?
With over 60 years of combined experience, we’ll guide you to the best mortgage product and rate, considering your personal circumstances. We offer a broad range of lenders, ensuring you’re well-informed.
How much deposit do I need?
Lenders typically offer up to 90% of the purchase price, requiring a 10% deposit. Some may lend up to 95%, needing only a 5% deposit.
How much are the fees to buy?
It’s advisable to have around 4% of the purchase price available to cover fees including bond, conveyance cost, document duty, survey, and all other associated costs.
Iโve heard of LTV, what is it?
LTV, or loan to value, represents the mortgage amount compared to the property’s value. For a ยฃ500,000 property with a ยฃ50,000 deposit, you’d need a ยฃ450,000 mortgage, which is 90% LTV.
Do I get better rates if I have a bigger deposit?
Indeed, larger deposits typically secure more favourable rates. Banks often offer better terms for deposits up to 60%, 75%, 80%, 85%, 90%, 95%, and even 100%.