Guernsey-licenced bank Skipton International has reached the £2bn gross mortgage lending milestone, just over a decade after it started lending.
The firm started lending in Guernsey in 2002 and then in Jersey in 2005. The company is one of the largest providers of UK buy-to-let mortgages for expats and non-UK residents.
Skipton International said around half of its balances had come from its UK buy-to-let proposition.
It added that around £467m worth of gross lending occurred in 2022 alone.
The company currently employs 80 members of staff across its headquarters in Guernsey and mortgage centre in Jersey.
Lorraine McLean, mortgage sales manager at Skipton International, said: “Our mortgage business has grown steadily, withstanding moments (throughout the years) of turbulence in the economy.
“Strong customer demand for our products and services continues, in particular for UK buy-to-let mortgages.”
Jim Coupe, managing director at Skipton International, added: “We are delighted to have reached this mortgage lending milestone and to have become an integral part of the Channel Islands’ residential property marketplace. In addition, our organic growth in the UK buy-to-let lending space is remarkable.
“As a Channel Island organisation, we are able to support the local economy by returning the money we look after from depositors through our mortgage loans, providing islanders the ability to buy homes for themselves and also their families.”
Anna is currently the deputy editor for Mortgage Solutions and editor for Specialist Lending Solutions. She has worked as a journalist since 2019, having secured her Gold Standard NCTJ diploma from News Associates in a fast-track six-month course.
She started her career as a report at specialist publication The Insurance Insider covering a wide range of areas before joining Mortgage Solutions and Specialist Lending Solutions in 2021.
In her role, she helps put together and structure the news agenda for the day and writes up press releases, reports, interviews, analyses and exclusives across both titles. She also commissions blogs for Specialist Lending Solutions and hosts online masterclasses and in-person events across the business.
She has been shortlisted for three journalism awards, which include BIBA Journalist and Media Awards Scoop of Year Award in 2020, Headline Money Mortgage Journalist of the Year Award (B2B) in 2022 and 2023.
Prior to being a journalist, Anna worked in ecommerce across Snow + Rock, Cycle Surgery and Runners Need websites, and before that worked at specialist financial PR firm Rostrum.
In her spare time, Anna enjoys reading, seeing live music, and cooking for friends and family. When she gets a chance, she also enjoys hiking, skiing and indoor rock climbing.
