Partly Cloudy

Partly Cloudy

max temp: 17°C

min temp: 11°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

Motor dealership Essex Auto Group has been sold to South Africa-based firm Super Group for an undisclosed sum.

A Bury St Edmunds ingredients and catering equipment supplier said it was “chuffed” after securing a mention in a cookbook by a top London restaurateur.

A Suffolk couple who have built up a chain of popular pub restaurants are marking their 20th year in the trade.

Sanctuary Personnel, of Ipswich, has been appointed by the Department of Education and the Skills Funding Agency as an official apprenticeship training provider.

As the UK leaves the EU, there will be trade-offs to make when it comes to immigration. Put simply, there are public concerns about immigration – but significant further restrictions to movement will come at a cost to investment and jobs, the delivery of strong public services and economic growth.

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