Its lending also hits new high
Market Harborough Building Society has announced a set of record results for 2023, including growth in total assets to £722 million.
The mutual’s mortgage lending also reached a new high of £198 million, marking a 20% growth in its mortgage book for the second year in a row.
As a specialist lender, Market Harborough said it strives to combine the values of a respected building society with the agility and smooth processes of a modern provider. It added that it has maintained its focus on community and good causes through its Thrive Agenda, including significant contributions to affordable housing and community support initiatives.
We’ve just published another impressive set of record-breaking annual results, take a look at our 2023 highlights below 👇 or visit 👉https://t.co/GWpiYtcmuR.#BuildingSociety pic.twitter.com/Fr92FmJplY
— Market Harborough BS (@MarketHarbBS) April 10, 2024
“It’s been another fantastic year for MHBS, and this strong set of results reflects our commitment to doing the right thing for both our savers and borrowers,” said Iain Kirkpatrick (pictured), chief executive of Market Harborough Building Society. “Our strong performance in 2023 means we’re in a very good financial position to face into what is predicted to be a turbulent economic headwind.
“We’ll continue to provide support throughout the ongoing economic challenges, while balancing the needs of our savers and borrowers.
“I’m grateful to our members and to each one of our dedicated colleagues for your continued trust and confidence in our society. I’m looking forward to what the future holds for us, including the imminent move to our new head office at The Point in Market Harborough this month, which will see our colleagues working together under one roof for the first time.”
Market Harborough’s upcoming annual general meeting is scheduled to be held at its new head office on April 25.
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