Skipton International, the Guernsey-licensed bank with a mortgage centre in St Helier, has announced assets of more than £2bn for the end of 2020.
With a global customer base in more than 100 countries and a growing Channel Islands and UK buy-to-let mortgage book, Skipton anticipates a busy first quarter of this year for lending in the Channel Islands and for those investing in buy-to-let property in the UK.
Managing Director Jim Coupe (pictured) commented: “The past 12 months have been important for us in terms of measuring our ability to adapt and respond to a fast-changing world.
“Marketplace changes meant new savings customers for Skipton, particularly with the falling rates at National Savings & Investment. Our UK buy-to-let mortgages increased sharply when Chancellor Rishi Sunak announced the stamp duty and land tax holiday in England.
"The Channel Islands also rebounded strongly from the first lockdown in June with property sales exceeding the previous year, and Jersey mortgage applications continue to flow in."