Buying your first home
Becoming a homeowner is exciting, but we understand how tricky it can be, our home loan for first-time buyers is designed to make buying your first home a smooth process.
With competitive rates and flexible terms, our mortgage advisors are here to help you every step of the way.
- Mortgages tailored to your needs
- Quick turnaround
- Experienced and qualified mortgage officers and relationship managers
Why choose our first time buyer mortgage
Borrowing
We offer up to 90% borrowing available (subject to qualifying properties, valuation, and affordability).
No penalties
You won’t receive any early repayment penalties, so you can pay your mortgage when it suits you.
Flexible facilities
We consider Capital and Interest as well as Interest Only mortgages with a suitable repayment plan.
Application process
Designed to be as straightforward as possible, here’s how the application process works:
1. Initial consultation
Speak to our team about your needs and determine the most suitable financing option
2. Documentation
We’ll guide you through the documentation you’ll need depending on the type of loan and your business structure.
3. Approval & funding
Once your application is complete, we’ll review and finalise the terms, and provide a clear timeline for approval and funding.
Apply today by getting in touch via email or mobile.
FAQs
Everything you need to know about first-time buyer mortgages.
To apply for a First-Time Buyer Mortgage with Gibraltar International Bank, you’ll need:
– Proof of income (payslips from the last 3 months, employment contract, or tax returns).
– A valid ID (passport, driving licence, or Civilian Registration Card).
– Property details (purchase agreement and property address).
– 6 months’ bank statements for all active accounts.
– Proof of savings (e.g., bank statements showing savings).
Apply in person at our branch at Ince’s House, 310 Main Street, Gibraltar GX11 1AA, or call +350 200 13900 to schedule an appointment.
For more details, visit www.gibintbank.gi/mortgages/first-time-buyer.
Yes, you can apply for a First-Time Buyer Mortgage with a guarantor at Gibraltar International Bank. A guarantor (e.g., a parent or close relative) must provide proof of income (payslips from the last 3 months) and a valid ID (passport or driving licence) to cover your mortgage payments if you’re unable to.
For more details, contact our Mortgage advisors on +350 200 13900 to arrange an appointment.
First-Time Buyer Mortgages with Gibraltar International Bank are available to individuals or couples who have never owned a property before.
You must be a Gibraltar resident or have a Gibraltar-based income source.
Unfortunately, you cannot yet apply for a First-Time Buyer Mortgage online with Gibraltar International Bank.
Contact us to speak to one of our Mortgage advisors on +350 200 13900 or send an email to lending@gibintbank.gi to schedule an appointment.