Teachers Building Society has announced a record-breaking year for mortgage lending in 2014, surpassing last year’s lending of over £48 million*.
The Dorset-based mutual saw the amount of mortgage lending rise once again from 2013 – continuing its steady growth over recent years. Teachers Building Society has a strategy for steady but strong levels of growth over the next decade and is on target to meet its objectives.
James Bawa, chief executive of Teachers Building Society, says, “We’re delighted with our figures for 2014 as the whole team has been working hard to deliver our plan for growth, alongside a truly personal service for our customers. Following the tough years of the credit crunch we set a course for continued strength and we’re very proud to have surpassed last year’s lending with over a month to go till the end of the 2014.”
Colin Dorman, National Account Manager of Teachers Building Society said, “Since re-entering the mortgage intermediary market three years ago we have been working hard to secure bespoke products and create fast, efficient processes for intermediaries. Our growing relationship with brokers has undoubtedly contributed to this success.”
Teachers Building Society, originally founded to provide mortgages for the teaching profession, widened the availability of its mortgage products to all people in Dorset, Hampshire and Wiltshire in recent years and is proud to have help people achieve their dream of getting on the property ladder.
* 2013 mortgage lending totalled £48,426,307
Mortgage lending as of 20 November 2014 £49,088,788