Buy to let mortgage Guernsey

A buy to let mortgage in Guernsey is a loan secured against a Guernsey property that the owner lets to tenants rather than occupies. Guernsey buy to let mortgages are assessed primarily on the rental income the property generates, alongside the landlord’s wider financial position. Guernsey’s rental market is supplied largely by Local Market property, and demand from the island’s finance sector workforce supports occupancy.

Tax treatment differs from the United Kingdom mainland: Guernsey landlords may deduct a proportion of mortgage interest against Guernsey rental income under the island’s interest relief rules, which is covered in the interest relief section below. Fewer lenders offer buy to let products in Guernsey than in the United Kingdom, so lender selection matters.