Legal
General
Skipton International Limited (SIL), registered in Guernsey: 30112, is a wholly owned subsidiary of Skipton Building Society (SBS).
SIL is licensed under the Banking Supervision (Bailiwick of Guernsey) Law 1994, as amended.
SBS, established 1853, has given an undertaking agreeing to discharge the liabilities of SIL in so far as SIL is unable to discharge them out of its own assets and whilst SIL remains a subsidiary of SBS.
SIL is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £50,000, subject to certain limitations. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details are available on the Scheme's website www.dcs.gg or on request.
Deposits made with SIL are not covered by the Financial Services Compensation Scheme established under the UK Financial Services and Markets Act 2000.
SIL places funds with SBS and thus its financial standing is linked to SBS. Publicly available information, including reports and accounts, is available from www.skipton.co.uk.
Copies of the latest audited accounts are available on request.
To help maintain service and quality, telephone calls may be recorded and monitored.
The content of this website has been approved for distribution in the United Kingdom by Skipton Building Society.
Mortgages
Minimum age 18 years.
All mortgages are subject to status and valuation.
Skipton International Limited requires a first charge on the property. Security will be required on the loan. Residential mortgages available on Guernsey, Jersey and Alderney properties only.
For the Next Generation Mortgage a security guarantee can take the form of an interest earning deposit with Skipton International Limited (SIL) or a charge on another property in Guernsey, Jersey or Alderney.