Skipton International Achieves Buy-to-Let GBP1 Billion Lending Milestone

GUERNSEY – Media OutReach – 1 December 2022 – For the first time in Skipton International’s history, the award-winning offshore bank has surpassed GBP1 billion UK buy-to-let mortgage lending. This was achieved through an increasing customer base, product refreshments, and overseas investors taking advantage of favourable exchange rates to add UK properties to their investment portfolios.

“Crossing the GBP1 billion lending threshold marks an important stage in our strategy to offer customers a comprehensive product and service portfolio together with competitive interest rates for both buy-to-let UK mortgages and offshore savings accounts,” said Jim Coupe, Managing Director, Skipton International.

The GBP1 billion announcement coincides with the launch of a brand new series of informative short videos hosted by the BBC’s Clive Myrie in conversation with Lord Digby Jones, a former UK Minister of State for Trade and Industry.

The videos give insights into Guernsey as a strong financial jurisdiction for global savers, offshore savings and buy-to-let mortgages.