Press Office

SKIPTON INTERNATIONAL REPORTS BUOYANT DEMAND FOR MORTGAGES

Skipton International, the new Jersey based specialist lending division within Skipton Guernsey Limited (SGL), has reported strong demand for all its mortgage products on Jersey since its launch in May this year. Skipton International offers a range of market leading mortgage products for both the buy to let and main house purchase sectors via independent advisers.

Nigel Pascoe, Director of Lending, Skipton Guernsey Limited commented, “In common with the UK , we saw a slow down in the number of house sales on Jersey last year. However, we have seen a steady stream of enquiries turning into mortgage offers, suggesting the market may be moving forward again.”

Commenting on the recent interest rate cut by the Bank of England, Nigel Pascoe added, “We are seeing strong interest in our two year fixed rate loan at 4.79%, which is one of the best rates available. This rate reflects the downward trend in lending costs and offers the added bonus of budgeting certainty”.

For further information contact the mortgage team on 01481 712279 and ask about the full range of products from Skipton International.

Editor's Notes:

Skipton Guernsey Limited (SGL) is a wholly owned subsidiary of Skipton Building Society.