Skipton stalwart to leave business

Nigel Pascoe, Business Development Director, will leave Skipton at the end of February.

Nigel Pascoe, Business Development Director, will leave Skipton at the end of February.

During his tenure, the bank commenced offering mortgage products to Guernsey customers in 2002 and Jersey customers in 2005. The business has seen strong growth in customer numbers – with Skipton International’s reach now in over 100 countries.

From 2014, UK Buy-To-Let mortgage products were introduced for British expatriates and non-UK residents, with Nigel at the helm.

Nigel said:

“I have thoroughly enjoyed my time at Skipton. I have worked with some wonderful people and will miss the interaction with colleagues, customers, and intermediaries. I have always said that if a business offers reasonably priced products with good service, the business will do well. Over the years, this has been the Skipton model which has resulted in much success. Skipton is a very good business. In many ways I will be sorry to leave but the time is right for me to move on.”

Jim Coupe, Skipton International’s CEO said: “Nigel has made a significant contribution to the business over the last 22 years, and I’d like to thank him for his service to Skipton International. With Nigel’s input, the bank has grown to be one of the largest lenders of its kind, with mortgage lending exceeding £2bn. I wish Nigel all the best in his future endeavours.”

Nigel’s Career Path

In September 1983, Nigel was seconded from Lloyds Bank in St Austell to Lloyds in Guernsey for a period of two years. He had previously worked for Lloyds in Cornwall for eight years. The original Guernsey timeline has now been extended to 42 years!

Nigel left Lloyds in 1995 to set up the mortgage office of Standard Chartered, which very quickly became one of Guernsey’s top mortgage providers. In 2002, this business, through a legal assignment, was bought by Skipton. Skipton had previously been a Guernsey managed bank, only taking deposits but was waiting for the right opportunity to enter the Guernsey mortgage scene. Nigel and his small team continued to provide a first-class service to local customers and brokers. In 2005, mortgage lending commenced in Jersey and in those early days Nigel travelled regularly to Jersey, building the brand and meeting brokers & conveyancing advocates. Again, Skipton did very well and soon became the mortgage provider of choice in the Channel Islands.

In 2014, UK Buy-To-Let products were offered to British expatriates which enabled Skipton’s customer base to expand to over 100 countries. Strategically, this was a great success. There was a gap in the market which Nigel and his team filled with competitive products and excellent service.

In recent years, Skipton has received numerous awards for customer service and is proud to be one of the largest lenders of its kind, with mortgage lending exceeding £2bn. Whilst mortgage lending is in Nigel’s DNA, in recent times, he has enjoyed good success working with deposit introducers in the Crown Dependencies, the UK and overseas.