Jersey Joint Purchase

Posted on 4 January 2012 by Alex

I live in the UK and my sister lives in Jersey, she is looking to buy her first property and I am looking for an investment opportunity. We were going to get a joint mortgage and purchase something together (either in Jersey or the UK).

However it appears as though she cannot get a mortgage in the UK as she lives in Jersey, and due to Jersey's laws I cannot get a mortgage over there.

Is there a way we can do this joint investment?


It is certainly possible for you both to raise a mortgage to buy an investment property in the UK.  This will be subject to you meeting the lenders criteria and the property providing adequate security for the mortgage you require.

As you sister lives in Jersey, it will be necessary to talk to the various offshore lenders rather than the normal high street banks and building societies, but the resulting mortgage will be in £ sterling and there will be no problems with the security being held in a different currency to the mortgage debt.

I believe we can help you and that you would benefit from speaking to one of our independent mortgage advisers.  Please call 0344 346 3672 and tell the consultant the date and title of your question, they will then be able to advise you on your situation.


Answers provided in response to Ask the experts are based on the information provided and do not constitute advice under the Financial Services & Markets Act. They reflect the personal views of the authors and do not necessarily represent the views, positions, strategies or opinions of John Charcol. All comments are made in good faith, and John Charcol will not accept liability for them.

We recommend you seek professional advice with regard to any of these topics where appropriate.

You are currently offline. Some pages or content may fail to load.