"A very warm welcome to Skipton International. We have a number of intermediary users with clients in the Channel Islands as well as expats and overseas buyers, so these mortgage products will certainly be a welcomed addition"
- Neil Wyatt - Mortgage Brain
Mortgage technology provider, Mortgage Brain, has announced that it has added Skipton International to its Sourcing Brain and Criteria Brain platforms.
Under the new partnership, brokers will be able to access the lender’s Jersey and Guernsey residential mortgage products along with its buy-to-let mortgages for UK residents, expats and non-UK nationals living overseas.
Skipton International, a subsidiary of Skipton Building Society, is a residential mortgage lender in Guernsey and Jersey and also offers a range of mortgages for British Expats and foreign nationals looking to purchase a buy-to-let property in England, Scotland and Wales.
Skipton International's products available on the Mortgage Brain platform include a 5-year fixed rate, 100% mortgage, and Buy-to-let, All for Guernsey & Jersey.
In addition to these, there is also a Guernsey Housing Association product and a UK 5-year fixed-rate buy-to-let.
This strategic move to join Sourcing Brain and Criteria Brain will help Skipton International cater to a growing interest in UK property investment from overseas. According to HM Revenue & Customs, 2023 saw a rise in the number of international investors in the UK buy-to-let market, equating to an increase of 20% from the previous year.
Lorraine McLean, Head of Mortgages, Skipton International said: “We’re delighted to team up with technology leader, Mortgage Brain, to bring our award-winning range of mortgage products to the UK, Channel Islands and beyond.
"We like to make purchasing property as simple and as hassle-free as possible so Mortgage Brain was an obvious choice for us. Their technology and innovation make the mortgage sourcing process straightforward and quick. We’re excited about the opportunities ahead."
Neil Wyatt, (pictured) Sales & Marketing Director, Mortgage Brain added: “A very warm welcome to Skipton International. We have a number of intermediary users with clients in the Channel Islands as well as expats and overseas buyers, so these mortgage products will certainly be a welcomed addition.
"We look forward to working together to bring diverse, specialist mortgage solutions to meet the many varied needs of property buyers from the UK and further afield.”
