Secured Housing Loan

Secured Housing Loans allow applicants to borrow 3 times their annual salary for the purpose of:


New Construction

Offers finance for new home project builds, covering  payments for materials, labour and transport. Total funding is dependent on applicant net income and the ability to afford the calculated repayments.

Alterations and Repairs

Small to medium loans offered to customers who need funding to refurbish their homes.

House Purchase

Allows customers to purchase a ready-built home. The Bank can only lend up to 85% of the value of the security.


Provides the opportunity for home owners to borrow funds secured on their homes for purposes such as Travel.

House Extensions

Suitable for customers who have completed their house and wish to build an extension.

Land Purchase

Allows customers to purchase land on which to build. If the land is being utilised as security the Bank can only lend up to 85% of its value.

If a valuation of land or a building is necessary, a fee will be payable by the borrower. 

Download our Loan Calculator to check the affordability of your loan. This will help you estimate your monthly repayment. For further details of loan calculations and repayment options, please contact our Lending team using the contact information provided below.

Lending Fees & Charges – Secured Housing
Application Processing Fee:£10
Administration Fee, up to £30,000£40
Administration Fee, £30,001 - £50,000£60
Administration Fee, over £50,001£80
Ready to Apply?

Customers making an application must be a Bank of St Helena account holder.  What is needed:

  • Fully completed application form and a signed bank transfer to cover the application fee of £10
  • Pay slip
  • Decision notice
  • Contractors cost (where applicable)

Upon receiving an application for a Secured Housing Loan, our Lending team will ensure that all the necessary documents are present and that the application form is completed in full.

Need help completing your loan application form?  Please contact the Bank’s Lending team using the contact information provided below.

Before applying for a loan please read the Bank’s Lending Terms & Conditions.

Download your Secured Housing Loan Application Form

Download Form


Personal loan processing can take between 2 – 3 weeks (10 – 15 working days)

Contact Us

(+290) 22930