Guernsey-registered bank Skipton International has had an 80 percent increase in buy-to-let mortgage applications from British expats in the past two months following the fall of the pound after the Brexit vote.

The increase comes as British expats take advantage of the fall in Sterling to invest overseas savings in property back in the UK.

Skipton launched buy-to-let mortgages in 2014 as a response to the difficulties British expat customers faced obtaining a mortgage on UK investment properties. Since then, Skipton has lent over £100 million to British expats around the world and completed over 500 mortgages.