Skipton’s UK mortgage transactions increased 60% in the last year

Headquartered in St Peter Port, Skipton specialises in UK buy-to-let mortgages for overseas residents, as well as local mortgages.

According to recent analysis by the Centre for Public Data, the number of titles (which covers land as well as residential and commercial property) in England and Wales owned by non-UK citizens had tripled since 2010 from 88,000 to just under 250,000 by August 2021.

Last year 89% of all applications received by the team of locally-based mortgage underwriters got a response within three working days.

‘The recent figures show that the buy-to-let market in the UK for overseas residents is growing at pace and it’s great to see that our team are keeping up with the demand,’ said business development manager Roger Hughes.

‘When confronted with increasing demand for these kind of property purchases, it makes all the difference that our customers aren’t left in the dark at the early stages of their mortgage application, no matter where they’re based.’

Skipton’s outstanding customer service has been recognised by independent review platform Feefo. The company has been given a third consecutive Platinum Trusted Service award.

‘Our customer service is at the very core of our business,’ said managing director Jim Coupe.

‘We want to ensure we are consistently providing our customers with an exemplary personal service, as well as understanding ways in which we can evolve, improve and make banking as simple and pain-free as possible.’