Monmouthshire Building Society report increase in gross lending

The Monmouthshire BS continues to grow from strength to strength, reporting that gross lending for the financial year ending 30 April 2014 is £157m, an increase of 7.5% from the previous year at £146m. Pre-tax profits were also up, some 27% from £41m to £5.2m and the mutual also reported a 10.3% increase in total assets.

The Monmouthshire are a regional lender with strong products in both the commercial and residential sectors. The lender also has tailored solutions for Holiday Homes, Student Accommodation where a parent is buying a property for their sibling to reside in and rent remaining rooms to other students and furthermore, they have excellent HMO mortgage products.

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About harveybowes
Mortgage Broker and founding Director of Harvey Bowes Limited. A mortgage broking practice with bases in Cardiff & Poole, UK. We take a fresh and positive approach to mortgage broking which pays dividends for both our clients and frankly, ourselves. The team at Harvey Bowes are expert advisors in all aspects of mortgages from residential to commercial and buy to let.

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