Skipton International has announced that its mortgage lending to British expatriate customers has passed the £250m mark.
The Guernsey-regulated bank – which focuses on British expatriates who wish to invest in UK property – offers a range of buy-to-let mortgages and remortgages for investment properties in England and Wales.
Nigel Pascoe, director of lending at Skipton International (pictured above), said: “Economic and political circumstances have caused British expatriates to look towards UK property for investment recently, but the fast turnaround at which we can provide decisions is why we're often the first port of call for all UK mortgage enquiries.
“We've worked hard to enhance our services to meet with expat demands, including increasing our lending loan limit, offering mortgage and remortgage packages and accepting applications from self-employed customers.
“Where some lenders have withdrawn from lending in the expat market, we have extended our proposition, as we consider this to be a greatly valued market.”
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