Overcast

Overcast

max temp: 18°C

min temp: 10°C

ESTD 1874 Search

Saffron loans record

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.

shares

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.

shares

0 comments

The Secretary of State for Energy and Climate Change, Rt Hon Amber Rudd MP is at Ickworth Park in Horringer to officially open the new biomass boiler. Amber Rudd is pictured with L-R: Jonathan Rhodes (programme manager - Ickworth), Dee Gathorne-Hardy (senior ranger) and Patrick Begg (programme director - Ickworth).

The Secretary of State for Energy and Climate Change will visit Suffolk today to officially launch a major new environmentally-friendly installation at Ickworth Estate.

Post Office

The branch on High Street will be shut for two weeks and is set for longer opening hours after works.

John Cox of NatWest.

The East of England witnessed the slowest rate of growth of any region or nation in Great Britain during the first three months of 2015, according to a study by the Royal Bank of Scotland group.

Mark and Spencer has posted a drop in quarterly clothing sales, after a colder May impacted demand for its spring and summer collections.

High street giant Marks & Spencer today posted a drop in quarterly clothing sales, after a colder May impacted demand for its spring and summer collections.

015 Flippie 1

A social media start-up which aims to rival the likes of Facebook and LinkedIn says it has won a significant investment ahead of its autumn launch.

Mark Rigby, chief executive of business rates specialist CVS.

The Valuation Office Agency (VOA) is facing a backlog of more than 280,000 appeals over business rates.

British Chambers of Commerce director general John Longworth.

Fresh signs are emerging of “two tier” growth in the UK economy, with firms within the services sector peforming markedly more strongly than those in manufacturing, according to a new study.

From left, John Nicholson,  Andy Bloomfield  and Chris Pont of IJYI.

Ipswich-based software development firm IJYI has taken on its second apprentice in the space of six months.

Students at UCS in Interior Architecture and Design, have been taking part in a design competition to design an entrance canopy for the St Edmunds House apartments in Rope Walk.
Ross Carroll, director of Crown House Homes, left, with course tutor Dr Liana Psarologaki, and Annali Hubbard of Palmer & Partners estate agents, and some of the course students, Elliott Jones, Bryony Briggs, Dan Hutton, Amy Schuller and Michelle Villar

Apartment developers hold a design competition with university students

A member of staff at N2S bagging up scrap computer components ready for further destruction and recycling.

A Suffolk-based computer equipment lifecycle management company is celebrating after achieving accreditation allowing it to work at the highest level of Government.

Most read

Most commented

Topic pages