Log In

The owner of the property portal, propertyskipper, quietly launched what may be Bermuda’s only mortgage brokerage and has a current promotional offer of an all-in, 5.25 per cent mortgage, fixed for five years. The man behind the offer is former banke...

Economic and financial difficulties may have ended the dream for the owners of a North Shore nightclub for a mature clientele. A Supreme Court judge has refused to halt a writ of possession for 81 North Shore Road, Devonshire, in relation to the 2018...

A barrister has dismissed claims that banks negotiated mortgages in the knowledge that borrowers would default and allow the lender to seize properties at bargain prices. Christopher Swan, a property lawyer, said that he had heard anecdotal accounts ...

Dear Sir, I am a young, working-class Bermudian with a small family. Like many before me, I wish to one day have my own little piece of paradise. The problem is that no financial institution gives zero-down financing of any sort, especially not for m...

Dear Dave — Some friends recently offered me a timeshare. It’s an older place on the beach, and they’ve had it for about 20 years. I’d have to pay a transfer fee of $100, plus a yearly association fee of $500. I know you’re not a big fan of timeshare...

This is part two of last week’s article. The single biggest investment that most families will ever make over their lifetime is the purchase of a home. Second, by a long shot, but still almost a home-breaker is the cost of children’s educatio...

Realtors say they are listing more properties that are in or facing foreclosure as an unprecedented number of Bermudians fall behind on their mortgage payments. One realtor said they’ve seen more people having trouble paying their mortgages “in the p...

Bermuda banks yesterday responded to residents’ concerns about mortgage rates being so high compared to other countries, pointing to such factors as higher costs and risks of lending on the Island. Butterfield Bank, providing a detailed explanation f...

Realtors say they are listing more properties that are in or facing foreclosure as an unprecedented number of Bermudians fall behind on their mortgage payments. One realtor said they’ve seen more people having trouble paying their mortgages “in the p...

More borrowers are struggling to make loan repayments as the ongoing economic downturn bites deeper into household budgets. The latest figures from financial regulator the Bermuda Monetary Authority show a marked increase in loan impairments in the f...