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Pierre (SPF) and clients Mr and Mrs Griffiths celebrate the Marsden's £50m milestone

Marsden reaches £50m lending milestone in Guernsey

Published on: 14 June 2024


Marsden Building Society has achieved a lending milestone of £50million in Guernsey.

Working in partnership with SPF Private Clients (External), the Society has completed mortgages totalling over £50million since launching on the island in 2018.

The Marsden is currently the only lender in Guernsey that offers mortgage solutions in retirement, as well as interest only options across the majority of its mortgage portfolio. Through the SPF team, local borrowers can access our Residential, Retirement, Expat Residential and Expat Buy to Let mortgage solutions.

Rob Pheasey, Chief Executive at Marsden Building Society, said: “We’re incredibly proud to announce this significant £50million milestone. This is a testament to our commitment to providing accessible and varied mortgage products to our Guernsey residents. We understand the significance of homeownership and the sense of security it brings to families. By working closely with the SPF team, we’re able to help the island’s homeowners secure the most suitable mortgage products for their needs. We look forward to continuing this partnership and celebrating the next milestone.”

Pierre Blampied, Managing Director at SPF Private Clients, added: “Due to market size, Guernsey does not have specialist lenders like those available onshore and so we must continue to look at new products, which are badly needed here. Marsden Building Society have brought an extremely important offering to Guernsey as they provide mortgages which no other mainstream lender does locally. It is a pleasure to work with Rob and his team and we are looking forward to reaching the next milestone together.”

We've also recently refreshed our Guernsey mortgage portfolio to offer the island’s residents reduced rates, capital raising and interest only options. Additionally, we've received recognition for our high service standards at the UK’s 2024 British Bank Awards, where the Marsden named ‘Customer Service Champion’.

For more information about our partnership with SPF or the products that are available, please speak to a member of the SPF team on 01481 715234.