A new mortgage lender has launched in Guernsey following the
return to the island of businessman Paul Welch.
Mr Welch is using his London-headquartered business
largemortgageloans.com as the vehicle to introduce lending from the
Family Building Society into Guernsey.
Largemortgageloans.com is a multiple award winning UK business
acting as an independent mortgage broker that is handles over
£3 billion of mortgage enquiries per annum with staff
representation in London, Monaco, Singapore and Guernsey.
"We have exclusive arrangements in place to assist local
residents - from business funding to first time buyers and later
life lending. Supported by a building society, we will lend to
first time buyers up to 95% of the purchase price with additional
security. This will enable those that wish to buy for the first
time through the family mortgage to do so," said Mr Welch.
