Skipton Guernsey moves into mortgage market

In addition, the company has established itself as an independent operation, having previously been administered by Royal Bank of Canada (Channel Islands) since its launch in 1995.

For the past seven years, Skipton Guernsey has provided a range of accounts for both UK resident and non-resident customers wishing to take advantage of investing offshore. Having recently acquired a mortgage book, Skipton Guernsey has a significant presence in the Guernsey mortgage market and has now begun new lending to Guernsey homebuyers.

Commenting on the move, Andrew Lindsay, managing director of Skipton Guernsey, said: "This is an exciting time for all of us, following seven years operating as an administered bank. From our new premises we will now be able to provide mortgages to the people of Guernsey, as well as continuing to offer a range of investment products to customers around the world. We look forward to offering the highest possible levels of service to new and existing customers for many years to come.”