The Bucks reports 6% mortgage growth

Published on

The Buckinghamshire Building Society has posted its results for 2017 with mortgage growth of 6%, resulting in a total mortgage book of £189m.

Meanwhile, savings balances also grew 3.4% with total deposits of £207m, resulting in a total balance sheet of £241m.

Andrew Craddock, Buckinghamshire Building Society chief executive, said: “I am pleased to report another year of excellent progress with profits of £1.1m– strong growth in mortgages, an increase in savings balances and further strengthening of our financial position.

“This has meant that we can remain true to our mutual status and allocate a proportion of our profit to re-investing in the Society, supporting the local community with our charitable donations and continuing to provide our members with a service that we are proud of.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...

FCA finds protection market delivering good outcomes, says TPFG

The Property Franchise Group PLC (TPFG) has responded to the publication of the Financial...

Conditional selling remains industry flashpoint as enforcement lags

Conditional selling remains one of the most persistent and contentious issues facing the UK...

Latest publication

Other news

The Coventry cuts selected intermediary residential fixed rates

Coventry for intermediaries has reduced a number of residential fixed-rate products for new and...

Mortgage Advice Bureau completes acquisition of Dashly

Mortgage Advice Bureau (MAB) has completed the acquisition of technology and data company Dashly,...

The Buckinghamshire lowers rates across key ranges

Buckinghamshire Building Society has cut rates across a wide spread of residential and buy-to-let...