Partly Cloudy

Partly Cloudy

max temp: 21°C

min temp: 14°C

Search

Saffron loans record

PUBLISHED: 11:00 22 February 2013

Jon Hall, Saffron Building Society chief executive

Jon Hall, Saffron Building Society chief executive

Archant

Saffron Building Society’s gross mortgage lending reached a record £195million in 2012, an increase of 22% from the society’s 2011 figure of £160m.

Jon Hall, chief executive of the Saffron Walden-based business, said: “This is an impressive achievement against the background of a stagnant housing market and lack-lustre economy and is testament to the hard work and dedication of all our people.

“We have maintained our focus on providing mortgages for borrowers who, despite being perfectly creditworthy, find themselves in situations where there is a challenge in securing suitable products from other high street lenders.”

The society’s most popular products include individually-tailored mortgages for groups including first-time buyers, landlords and self-builders.

“Our objective for 2013 is to further develop our product and service proposition, so that we can continue to satisfy the needs of applicants, whatever situation they find themselves facing. We anticipate that our gross lending volumes during the year ahead will be broadly in-line with our 2012 results,” said Mr Hall.

Search hundreds of local jobs at Jobs24

0 comments

Christmas tree growers from across the world, including from Suffolk, will be in Leicester next week for an annual get-together.

East Anglian businesses must keep up the momentum in providing apprenticeships to address the yawning skills gap, according to a training expert.

Two Suffolk-based chartered surveyors are set to join forces to form a new partnership.

The manager at business centre Basepoint Ipswich, Alison Morrissey, is planning to jump out of a plane for a charity that supports the elderly.

The Ipswich Hotel has kicked off a year of fundraising for Papworth Trust by hosting a grand dinner and dance which raised £5,700.

Management Jobs

Show Job Lists

Most read

Most commented

Topic pages

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24