Buckinghamshire reports strong 2016

Ryan Bembridge

March 29, 2017

Buckinghamshire Building Society has announced a strong full year performance for 2016, with their total mortgage book reaching £178m.

Buckinghamshire saw mortgage growth of 12% and total deposits reach £200m.

Andrew Craddock, chief executive at Buckinghamshire BS, said: “I am pleased to report another year of excellent progress with profits of £1.7m.

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“This has meant that we can remain true to our mutual status and allocate a proportion of our profits to members through higher than the market average savings rates and competitively priced mortgage products.

“This growth also means that we have been able to continue to support the local community throughout the year.

“Our donation from our Charitable Foundation Fund is each year chosen by our members, and this year the Rennie Grove Hospice will receive a cheque of £7000 at our annual general meeting.”

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