Lombard Bank

Lombard started accepting deposits in Malta in 1955 and the activity was formalised in 1969. The bank has its headquarters in Valetta and seven branches throughout Malta and Gozo. Its loans are available fomain osecond homes and are tailored to suit individual needs.

Two main types of loans are available:

Standard Home Loans:

• are available to buy a completed house that is to be used as a residence oto acquire land and finance the construction costs of a residential dwelling
• can coveup to 60% of the purchase price and associated costs
• have flexible repayment terms that are tailored to meet individual circumstances
• incuno hidden charges ocosts in the event of early repayment.

Bridging Home Loans:

• can be used to purchase a new home prioto selling an existing property obefore receiving capital from anothesource
• have interest-only repayments during the term of the loan
• are fully repaid from sale proceeds othrough the receipt of capital funds from elsewhere.