Tipton and Coseley see 42% rise in mortgage completions

Ryan Bembridge

November 23, 2016

Tipton and Coseley Building Society saw a 42% rise in mortgage completions in 2016.

From January to September the society achieved £54m of completions, up from £38m last year.

It also saw a 40% rise in mortgage applications from £53m last year to £74m.

Richard Newton (pictured), the Tipton’s chief executive, said: “We’ve had a great year for applications and completions which is a result of us increasing the number of mortgage products we now offer combined with our sensible approach to lending.

“With a commitment to continually reviewing our product range, I have confidence in the next quarterly figures.”

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