The bank already has a presence in Guernsey and will be leaning on its on-island experts and experience with the local industry.
The mortgages offered by Butterfield are based on flexible affordability criteria and not salary multiples.
“Butterfield has spent time preparing its residential mortgage offering for Guernsey and Jersey to ensure our products fit the needs and lifestyles of local professionals and residents,” said Head of Lending, Edward Jones.
Pictured: “We look forward to welcoming new clients to Butterfield and building on our existing presence in the Channel Islands,” said Mr Jones.
They have revealed a range of products, including the lifestyle mortgage that works similarly to an overdraft facility, the 10-year fixed rate and a base rate tracker.