Buckinghamshire Building Society has announced pre-tax profits of £1.77m for 2021 – almost double that of the previous year – with net mortgage growth of 12%.
The Buckinghamshire put these results down to their productive use of the time during the pandemic to significantly invest in their people and systems.
Known for their flexible underwriting, they have focused increasingly on the importance of delivering that through a seamless and efficient process to help their broker community give a great service to their clients.
Dick Jenkins, chairman of the Society, said: “We invested heavily in our people and systems during the pandemic to enable us to give a quicker and better service to our mortgage customers, particularly making it easier for mortgage brokers to get the results they need for their clients, including those with more niche circumstances.
“We can now provide our bespoke underwriting approach and our customer service focus much more effectively, allowing us to offer more mortgages than ever before.
“Our funding and capital strength gives us the ammunition for a lot more growth and now our operational processes allow us to deliver that in practice.
“There is huge demand for a mortgage lender that can be flexible and competitive across the range of mortgage products and we have the appetite and capability to grow further to meet that need.
“And, of course, more mortgage business means that we can reward even more savers looking for a good home for their savings.”
