Skipton leads the charge in supporting EU residents

At a time when many banks are showing a diminished appetite for doing business with expats living in the EU, Skipton International is leading the way in showing support – especially to countries recently excluded by many high street banks.

At a time when many banks are showing a diminished appetite for doing business with expats living in the EU, Skipton International is leading the way in showing support – especially to countries recently excluded by many high street banks.

The Guernsey-registered lender has remained strong in its support of EU expats and residents when others have lost interest since Brexit and the pandemic. Legislative changes for UK banks has made it more difficult for them to continue business within the EU, whereas Skipton International continues to support EU-based customers.

The Channel Island bank has customers in over 100 countries across the globe and specialises in UK buy to let mortgages and savings accounts.

London-based mortgage broker, Yemi Arole, from Knight Frank Finance, said “Skipton International are phenomenal lenders for our foreign based clients offering competitive pricing to an extensive list of countries, especially in the current Brexit climate. On top of market availability, the accessibility to underwriters and sales team creates an easy and transparent way to explain a case through for a successful outcome. Skipton are reliably a first choice for international clients looking to purchase or refinance their buy to let properties.”

His comments were reiterated by Nick Morrey from finance broker Coreco Ltd “Skipton International provides an invaluable expat option in what is often considered to be a difficult sector to place business in.  I am keen on them due to their extensive knowledge of expat buy to let requirements and broad ‘where in the world’ list of countries, including within the European Union – from where many lenders have withdrawn. Their direct access to underwriters makes life much easier and quicker, especially with the relatively complex nature of expat lending.  Add to that a simple but competitive range of products with free valuation and free standard legal conveyancing options makes Skipton International a ‘premier league’ lender for both employed and self-employed expats.”

Roger Hughes is Skipton’s Business Development Manager. He said “We have always had excellent direct relationships with our mortgage brokers, and are proud to have developed such strong and valuable relationships. In addition, we have our in-house underwriting team, allowing for fast decisions, and our award-winning customer service, therefore enabling a quick and efficient comprehensive package.

To find out more, please visit https://www.skiptoninternational.com/uk-mortgages, or telephone me directly at any time on 01481 734000.”