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Earl Shilton increases mortgage business

Earl Shilton Building Society, Leicestershire’s oldest building society, has reported strong increases in assets and mortgage business to the year ending 31st March 2008.


10 June, 2008

Financial results just out from the Society report that total assets have increased by almost £4 million to a total standing in excess of £96 million. Business has significantly increased with savers’ balances also increasing by over £4.5 million.

Chief Executive Neville Thompson reflected, “Although it has been a challenging year, a successful level of mortgage business has been attracted to the Society. Over £23 million was advanced to borrowers to buy, refinance or improve properties – the first time the Society has topped the £20 million mark.”




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